Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword
Like this
6Activity
0 of .
Results for:
No results containing your search query
P. 1
Government Failure

Government Failure

Ratings: (0)|Views: 765|Likes:
Published by spotttygao
Discusses various reasons for government failure in the area of microeconomic policy
Discusses various reasons for government failure in the area of microeconomic policy

More info:

Categories:Types, School Work
Published by: spotttygao on Feb 11, 2010
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PPT, PDF, TXT or read online from Scribd
See more
See less

09/22/2010

pdf

text

original

 
 
GovernmentFailure
 
 
Why do government actionsfail?
Problems with theactual policy itself 
Every policy has itsdisadvantagesE.g. Indirect taxation of demeritgoodsE.g. Regulation of monopoliesThese are not examples ogovernment failure.
Problems caused bythe government itself 
This is what is known asgovernment failure.
 
 
What is the main objective of governments?
What an economist would say:“In fact, governments have two objectives:in Microeconomics, solving problems dueto market failures; in Macroeconomics,controlling the economy to ensure thegreatest prosperity for the people.”In your experience, is this whatgovernments want?

Activity (6)

You've already reviewed this. Edit your review.
1 hundred reads
torusato liked this
mukul liked this
Aiz Gomez liked this
Ron Sam liked this

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->