Government Failure


Also found in: Wikipedia.

Government Failure

A situation in which government intervention leads to the inefficient allocation of resources. This is not the same as a government intervention leading to an unpopular result. A government failure may prove popular, for example, if it subsidizes local jobs at the expense of more efficient companies elsewhere. Examples of government failure include crowding out and pork-barrel spending.
Mentioned in ?
References in periodicals archive ?
Sirajul Haq said that the government failure and incompetence was manifest from the prolonged load shedding during the Ramazan despite all promises.
Due to non acceptance of their TORs, the PTI has announced to take to the streets to launch an anti-corruption movement, starting August 7, to protest against the government failure to carry out a probe into the Panama leaks.
There is government failure, as well as market failure.
Material is grouped in sections on theoretical foundations, values, rational choices, optimal government and government failure, and public economics of public bads.
Chapter Six, "Information, Inflexibility, Incredibility, and Mismanagement," keeps up the drumbeat of government failure.
WE WROTE: MP's poll shows nearly 80% of Yarm residents want back into Yorkshire YOU SAID: Is this really about wanting to be in North Yorkshire, or just an increasing number people who are tired of decades of local government failure under Labour?
Be it apathy, antipathy or some combination, the American public has seen and felt the government failure over and over again.
Backing for Labour dropped from 31 per cent to 23 per cent between 2005 and 2007, with GPs blaming a freeze on pay, "GP-bashing" and Government failure to deliver an improved NHS.
Written by Clifford Winston (senior fellow in Economic Studies, Brookings Institution), Government Failure Versus Market Failure: Microeconomics Policy Research and Government Peformance examines three decades of empirical evidence in search of the answers to a critical question: When should government intervene in market activity, and when is it better to allow market forces to operate without interference?
Professor Stiglitz lists four principal reasons for government failure when attempting to correct a market failure: (i) limited information, (ii) limited control over market responses, (iii) limited control over bureaucracy, and (iv) limitations imposed by political processes.
Mr Collins said: "These statistics are an indictment of Government failure to tackle the situation.
American setbacks in World War II were widely blamed in public debate on government failure to listen to Goddard; when, 15 years after his 1945 death, the U.

Full browser ?