@harmonyer

Policy finance theory and practice involve using financial tools to achieve socio-economic goals set by governments. This includes directing credit to specific sectors like agriculture, infrastructure, and small businesses. The theory emphasizes balancing market efficiency with strategic interventions to foster development and stability. In practice, governments implement policies through state-owned banks, subsidies, and regulatory frameworks to support targeted industries. Policy finance aims to promote inclusive growth, reduce income inequality, and mitigate economic risks. Successful implementation requires adaptive strategies, transparency, and alignment with long-term development objectives to maximize socio-economic benefits.

0 reply

0 recast

0 reaction