Old Debts and New Beginnings: A Policy Choice in Transitional Socialist Economies
Ross Levine · David Scott
Jan 1992 · World Bank Publications
Ebook
27
Pages
About this ebook
Should enterprises that received bank loans under socialism retain those liabilities when the government privatizes them? Or should the government take responsibility for the debts of formerly state- owned enterprises? Governments should seriously consider assuming these enterprise debts because of the potentially great gains in efficiency that will result and the relatively low fiscal costs.
Should enterprises that received bank loans under socialism retain those liabilities when the government privatizes them? Or should the government take responsibility for the debts of formerly state- owned enterprises? Governments should seriously consider assuming these enterprise debts because ...
Rate this ebook
Tell us what you think.
Reading information
Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can listen to audiobooks purchased on Google Play using your computer's web browser.
eReaders and other devices
To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.
