Inappropriate public spending by government
- Inefficiency of public spending
- Ineffectiveness of public spending
- Misallocation of public spending by government
- Inefficient public programmes
Claim
Governments are spending scarce resources on goods and activities that the private sector could do much more efficiently, for example producing and marketing agricultural and industrial goods or providing bus transport in cities. Governments have not set priorities and so their spending does not balance needs against the cost of raising revenue. Spending limits are not coordinated by fiscal planning, annual budgeting and regular monitoring of revenues and expenditures. This has lead into fiscal crisis in many developing countries.
Broader
Narrower
Aggravates
Aggravated by
Strategy
Value
SDG
Metadata
Database
World problems
Type
(F) Fuzzy exceptional problems
Subject
Commerce » Finance
Cybernetics » Cybernetics
Economics » Resource utilization
Government » Government
Government » Public
Societal problems » Ineffectiveness
Content quality
Yet to rate
Language
English
Last update
Jul 3, 2022