Liquidity constraints and investment in transition economies - the case of Bulgaria Budina, Nina; Garretsen, Harry; Jong, Eelke de

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Authors
Budina, Nina ; Garretsen, Harry ; Jong, Eelke de
Subjects
Borrowing and lending - Econometric models.; Investments - Bulgaria - Econometric models.; Liquidity (Economics) - Econometric models.
Summary
"In Bulgaria and other transition economies, liquidity constraints and hence access to external funds must be seen in the context of soft budget constraints and the financial system's failure to enforce the efficient allocation of funds. Liquidity constraints in Bulgaria may be seen as a sign of financial weakness"--Cover.
Bookmark
http://trove.nla.gov.au/work/176366
Work ID
176366

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