Soft Budget Constraint

  • 1 Posts
  • 1 Sections
  • 1 Types
August 31, 2024 3 min read Definitions
Soft Budget Constraint: An Examination of Fiscal Flexibility in Public Bodies
Economics Public Finance Soft Budget Constraint Fiscal Policy State-Owned Enterprises Economic Theory Government Spending
An in-depth exploration of Soft Budget Constraint, a fiscal phenomenon where public bodies or state-owned entities operate with the expectation that overspending will be covered by external support, often leading to inefficiencies and financial laxity.
Read more about Soft Budget Constraint: An Examination of Fiscal Flexibility in Public Bodies.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.