Definitions for public finance
pub·lic fi·nance

WiktionaryRate this definition:0.0 / 0 votes

1. public financenoun

   a field of economics concerned with paying for collective or governmental activities, and with the administration and design of those activities

WikipediaRate this definition:0.0 / 0 votes

1. Public finance

   Public finance is the study of the role of the government in the economy. It is the branch of economics that assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. The purview of public finance is considered to be threefold, consisting of governmental effects on: The efficient allocation of available resources; The distribution of income among citizens; and The stability of the economy.Economist Jonathan Gruber has put forth a framework to assess the broad field of public finance. Gruber suggests public finance should be thought of in terms of four central questions: When should the government intervene in the economy? To which there are two central motivations for government intervention, Market failure and redistribution of income and wealth. How might the government intervene? Once the decision is made to intervene the government must choose the specific tool or policy choice to carry out the intervention (for example public provision, taxation, or subsidization). What is the effect of those interventions on economic outcomes? A question to assess the empirical direct and indirect effects of specific government intervention. And finally, why do governments choose to intervene in the way that they do? This question is centrally concerned with the study of political economy, theorizing how governments make public policy.

WikidataRate this definition:5.0 / 1 vote

1. Public finance

   Public finance is the study of the role of the government in the economy. It is the definitive branch of Economics which assesses the Government revenue and Government expenditure of the Public Authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. The purview of public finance is considered to be threefold: governmental effects on efficient allocation of resources, distribution of income, and macroeconomic stabilization.

How to pronounce public finance?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say public finance in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of public finance in Chaldean Numerology is: 6

2. Pythagorean Numerology

   The numerical value of public finance in Pythagorean Numerology is: 7

Examples of public finance in a Sentence

1. Alok Sharma:

   This has effectively ended public finance for overseas coal projects, to meet the goals of the Paris Agreement, all countries need to raise their ambition and act urgently to consign coal to history.

2. Raul Gonzalez:

   Volatility this year was enormous, the oil hedging program is necessary. It offers stability amid public finance and budget challenges. It’s expensive but has generated benefits, it prevents the country losing its investment grade rating and guarantees solvency.

3. Raul Gonzalez:

   The oil hedging program is necessary. It offers stability amid public finance and budget challenges. It’s expensive but has generated benefits, it prevents the country losing its investment grade rating and guarantees solvency.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Public_Finance
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Public_Finance
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=public finance