Public finance

subclass of the economic policy

public finance in economics

systematic approach to estimating the strengths and weaknesses of alternatives

In economic policy, austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. There are three primary types of austerity measures: higher taxes to fund spending, raising taxes while cutting spending, and lower taxes and lower government spending. Austerity measures are often used by governments that find it difficult to borrow or meet their existing obligations to pay back loans. The measures are meant to reduce the budget deficit by bringing government revenues closer to expenditures. Propone

state-owned investment fund

allocation of resources among possible uses

spending made by the government of a country

movements to amend the financial systeem

bank in which a state, municipality, or public actors are owners

economic theory of development

Build–operate–transfer (BOT) or build–own–operate–transfer (BOOT) is a form of project delivery method, usually for large-scale infrastructure projects, wherein a private entity receives a concession from the public sector (or the private sector on rare occasions) to finance, design, construct, own, and operate a facility stated in the concession contract. The private entity will have the right to operate it for a set period of time. This enables the project proponent to recover its investment and operating and maintenance expenses in the project.

economic term

non-private good

type of policy

economic occurence

technique of financial management

public counter of government debt

economic assertion that "money sticks where it hits"

short-term rates exceed long-term rates