BERLIN and KUALA LUMPUR, Sep 15 (IPS) – In recent decades, many contemporary macroeconomic and financial problems have been blamed on ‘soft budget constraints’ (SBCs), with the term becoming quite popular in the economics lexicon, financial media and political discourse.
Read the full story, “Myths of Soft Budget Constraints”, on globalissues.org →
BERLIN and KUALA LUMPUR, Sep 15 (IPS) – In recent decades, many contemporary macroeconomic and financial problems have been blamed on ‘soft budget constraints’ (SBCs), with the term becoming quite popular in the economics lexicon, financial media and political discourse.Read the full story, “Myths of Soft Budget Constraints”, on globalissues.org →