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The Soft Budget Constraint - The Emergence, Persistence and Logic of an Institution Hardcover – November 30, 2000

ISBN-13: 978-0792379102 ISBN-10: 0792379101 Edition: 2000th

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`In the fast-growing literature on this phenomenon The Soft Budget Constraint: The Emergence, Persistence and Logic of an Institution by G.E. Skoog opens a new path: this is the first book applying the study of the concept to a developing country. It provides in a lucid style rich empirical material and convincing analysis of the causes and consequences of the soft budget constraint syndrome in Tanzania. Her insights will probably be applicable in many other countries as well.'
János Kornai, Harvard University, USA and Collegium, Budapest, Hungary
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