At the same time, this policy would have neither the fiscal cost associated with government-financed subsidies, nor the distortions caused by the difficulty of cutting subsidies once the government has offered them.
В тоже время подобная политика не потребует финансовых затрат на субсидии со стороны правительства и избавит от трудностей, связанных с урезанием подобных субсидий.