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Market or Government Failures?
A. S. Bhalla
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Description for Market or Government Failures?
Paperback. Num Pages: 247 pages, biography. BIC Classification: KCM; KCP. Category: (G) General (US: Trade). Dimension: 216 x 140. .
Choosing between government and market is not a very helpful exercise since both are necessary. This book argues that it is misplaced to dichotomise between government and market failures. Too much attention is generally placed on government failures and not enough on private corporate failures. Failures occur in both public and private corporate spheres. They may be due to lapses in implementation of policies and programmes. Lack of enforcement in developing countries occurs either because rules and norms do not exist or they are poorly enforced. Emphasis on implementation problems highlights the importance of organizations and institutions.
Choosing between government and market is not a very helpful exercise since both are necessary. This book argues that it is misplaced to dichotomise between government and market failures. Too much attention is generally placed on government failures and not enough on private corporate failures. Failures occur in both public and private corporate spheres. They may be due to lapses in implementation of policies and programmes. Lack of enforcement in developing countries occurs either because rules and norms do not exist or they are poorly enforced. Emphasis on implementation problems highlights the importance of organizations and institutions.
Product Details
Format
Paperback
Publication date
2001
Publisher
Palgrave Macmillan United Kingdom
Number of pages
247
Condition
New
Number of Pages
230
Place of Publication
Basingstoke, United Kingdom
ISBN
9781349398096
SKU
V9781349398096
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About A. S. Bhalla
A.S. BHALLA is David Thompson Senior Research Fellow at Sidney Sussex College, University of Cambridge. Dr. Bhalla has held research and academic positions at the Universities of Yale, Oxford and Manchester. He has published extensively in well-known journals and is the author of several books on different aspects of developments, e.g. Uneven Development in the Third World, Globalization, Growth and ... Read more
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