The Effect of Soft Budget Constraints in Lending on the Development of the Banking Sector

Student: Leushina Darya

Faculty: Faculty of World Economy and International Affairs

Educational Programme: World Economy (Bachelor)

Year of Graduation: 2017

Financial market, and in particular the banking sector, is a key facility of an integrated system of particular importance for the economy and its development. The national banking system should be a special element that helps in building financial and economic policy of the state, and also in the field of formation and acceleration of economic growth of the country. The well-being of the banking sector affects the sustainable development of companies, including non-financial institutions, state enterprises and private entities. This paper contains both analytical and mathematical evidence of the negative impact of the soft budget constraint on the banking sector of the economy.

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