Government funding in the context of "Economic stability"

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⭐ Core Definition: Government funding

Public finance refers to the monetary resources available to governments and also to the study of finance within government and role of the government in the economy. Within academic settings, public finance is a widely studied subject in many branches of political science, political economy and public economics. Research 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:

  1. The efficient allocation of available resources;
  2. The distribution of income among citizens; and
  3. The stability of the economy.

American public policy advisor and economist Jonathan Gruber put forth a framework to assess the broad field of public finance in 2010:

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Government funding in the context of Non-governmental organization

A non-governmental organization (NGO) is an entity that is not part of the government. This can include non-profit and for-profit entities. An NGO may get a significant percentage or even all of its funding from government sources. An NGO typically is thought to be a nonprofit organization that operates partially independent of government control. Nonprofit NGOs often focus on humanitarian or social issues but can also include clubs and associations offering services to members. Some nonprofit NGOs, like the World Economic Forum, may also act as lobby groups for corporations. Unlike international organizations (IOs), which directly interact with sovereign states and governments, NGOs are independent from them.

The term as it is used today was first introduced in Article 71 of the newly formed United Nations Charter in 1945. While there is no fixed or formal definition for what NGOs are, they are generally defined as nonprofit entities that are independent of government management or direction—although they may receive government funding.

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Government funding in the context of Nongovernmental organization

A non-governmental organization (NGO) is an entity that is not part of the government. This can include nonprofit and for-profit entities. An NGO may get a significant percentage or even all of its funding from government sources. An NGO typically is thought to be a nonprofit organization that operates partially independent of government control. Nonprofit NGOs often focus on humanitarian or social issues but can also include clubs and associations offering services to members. Some nonprofit NGOs, like the World Economic Forum, may also act as lobby groups for corporations. Unlike international organizations (IGOs), which directly interact with sovereign states and governments, NGOs are independent from them.

The term as it is used today was first introduced in Article 71 of the newly formed United Nations Charter in 1945. While there is no fixed or formal definition for what NGOs are, they are generally defined as nonprofit entities that are independent of government management or direction—although they may receive government funding.

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LINKED FROM (PARENTS)
← Non-governmental organization ← Non-governmental organizations ← Non-governmental entities ← Non-governmental organisations ← Non-governmental organisation ← NGOs ← NGO ← Nongovernmental organizations ← Nongovernmental organization ← Non-governmental groups
LINKS TO (CHILDREN)
Government → Economy → Political science → Political economy → Public economics → Government revenue → Government expenditure → Economic efficiency → Distribution of income → Economic stability → Jonathan Gruber (economist) →