G2TT
来源类型Discussion paper
规范类型论文
来源IDDP920
DP920 Indian Public Finance in the 1990s: Challenges and Prospects
Willem Buiter; U Patel
发表日期1994-03-31
出版年1994
语种英语
摘要Governments throughout Eastern Europe have been singularly unsuccessful in dealing with large loss-making SOEs. A more promising approach would create an incentive framework and legal environment where the SOE's major non-government creditor can take the lead in initiating restructuring and the design of a new, viable capital structure. Such a lead bank is much more likely to gain access to the inside knowledge that gives the firm its surplus value as a going concern. The details of such an environment are laid out using the recent Polish attempt to launch a wholesale cleanup of the loss-making SOEs along lines promoted in this paper.
关键词Commercial bank reform Corporate governance Eastern europe Financial sector regulation
URLhttps://cepr.org/publications/dp920
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530063
推荐引用方式
GB/T 7714
Willem Buiter,U Patel. DP920 Indian Public Finance in the 1990s: Challenges and Prospects. 1994.
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