the soft budget constraint

基本解释

Policy burden that HEIs(higher education institutions) bear lead to the soft budget constraint(SBC) and the excessive loans of HEIs.
高校所承担的政策性负担造成了高校软预算约束和超量贷款。
The state-owned commercial banks maintain the soft budget constraint(SBC) and do not establish the mechanisms to remove the unhealthy loan in the process of transition.
我国国有银行在转型过程中依然保持着软预算约束，并没有建立消除大量不良贷款产生的机制。
To summarize the existing research of the soft budget constraint, we can find that most of them use the dis-cooperate game theory to analyze, and mostly concentrate on the government and enterprise.
已有的关于软预算约束的研究大多集中在政企之间，且多以非合作博弈方法对之进行分析。

软预算约束
In addition, the soft budget constraint of bank has weakened the foundation of the steady running of China’s financial industry.2.
此外，由财政部门、中央银行、储户等多元支持体支撑下的软预算约束也使我国金融企业极大地丧失了追求金融产业资本循环效率的激励，也削弱了中国金融产业稳健运行的根基。
预算软约束