Finans
Siki butce kisitlamalari
İngilizce: hard budget constraints
Türkçe Tanım
Bir kurulusun dis kurtarma veya ek finansman beklentisi olmaksizin tahsis edilen butcesi dahilinde faaliyet gostermesi gerektigi mali disiplin cercevesidir. Siki butce kisitlamalari, mali hesap verebilirligi zorunlu kilarak ve ahlaki tehlikeyi onleyerek kamu maliyesi ve kamu iktisadi tesekkullerinin reformunda onemli bir rol oynar. Kavram, gecis ekonomileri ve cok tarafli kalkinma bankasi kosullulugunun merkezinde yer alir.
English Definition
A fiscal discipline framework in which an entity must operate strictly within its allocated budget without the expectation of external bailouts or supplementary funding. Hard budget constraints are essential in public finance and state-owned enterprise reform, as they enforce financial accountability and prevent moral hazard. The concept is central to transition economics and multilateral development bank conditionality.