Eastern European banks have long done little more than funnel subsidies to inefficient enterprises.
China's real political constituencies are its wildly inefficient, often bankrupt state-owned enterprises.
Thus it has authorized the continuous expansion of money and credit to keep the inefficient subsidized enterprises in business.
Unemployment will also help the economy, they argue, by moving workers from inefficient, obsolete enterprises to more efficient, faster-growing ones.
Commentators noted the burden this would place on inefficient, loss-making enterprises.
The state should be an instrument of evolution, not a bank, a stock exchange, or a nursery for inefficient enterprises.
It would also mean an end to subsidizing inefficient enterprises.
And large, inefficient enterprises, like the Gaz automative plant, still play a major role in the region's economy.
This effort will push Hungary's inefficient enterprises to upgrade their products and production to Western standards.
To foster the growth, he asked that they shed their inefficient state-owned enterprises and turn them over to the private sector.