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checks and balances

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checks and balances

Principle of government under which separate branches are empowered to prevent actions by other branches and are induced to share power. Checks and balances are applied primarily in constitutional governments. They are of fundamental importance in tripartite governments, such as that of the U.S., that separate powers among legislative, executive, and judicial departments. Checks and balances, which modify the separation of powers, may operate under parliamentary systems through exercise of a parliament's prerogative to adopt a no-confidence vote against a government; the government, or cabinet, in turn, ordinarily may dissolve the parliament. In one-party political systems, informal checks and balances may operate when organs of an authoritarian or totalitarian regime compete for power. See also Federalist papers; judicial review; separation of powers.



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Collier (2007) uses Nigeria as an example of the benefits of institutions providing checks and balances on the distribution of resource rents.
The constitution was based on the federal model of government, complete with a series of checks and balances among three branches of government.
Motivity's SafeGuard package provides a safety net to catch any oversights within a lender's internal checks and balances, and acts as a monitor of changes in government policies so that lenders can be more confident in processing government loans.
 
 
 
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