fofoka
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"Government departments and agencies do not confront the discipline of ultimately facing a cash constraint or of reporting profits and losses, and stock prices do not exist to fall to indicate insolvency due to indiscretion or incompetence. The departments and agencies are funded from government revenue and face a soft budget constraint."
Και σε σχετική υποσημείωση:
"Α hard budget constraint is binding and credible. A soft budget does not bind on spending. An example of a soft budget is when a child, who has been given lunch money on a Monday for the entire week, announces in midweek that he or she has no money left to buy lunch the next day. Because parents will not normally allow a child to grow hungry, the budget constraint confronting the child is soft. The child, knowing the budget constraint is soft, can safely spend the lunch money by midweek."
Το μυαλό μου πήγε στα: ελαστικός-εύκαμπτος/ ανελαστικός-άκαμπτος προϋπολογισμός. Βρήκα όμως ότι έτσι αποδίδονται τα: flexible/ static budget.
Και σε σχετική υποσημείωση:
"Α hard budget constraint is binding and credible. A soft budget does not bind on spending. An example of a soft budget is when a child, who has been given lunch money on a Monday for the entire week, announces in midweek that he or she has no money left to buy lunch the next day. Because parents will not normally allow a child to grow hungry, the budget constraint confronting the child is soft. The child, knowing the budget constraint is soft, can safely spend the lunch money by midweek."
Το μυαλό μου πήγε στα: ελαστικός-εύκαμπτος/ ανελαστικός-άκαμπτος προϋπολογισμός. Βρήκα όμως ότι έτσι αποδίδονται τα: flexible/ static budget.