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Government Failure

   Also found in: Wikipedia 0.01 sec.
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.


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His topics include market failure and government failure, the tax constraint, rationing scarce resources and managing rising expectations, and whether welfare states have a future.
Government Failure Versus Market Failure Clifford Winston Brookings Institution Press 1775 Massachusetts Avenue, NW Washington DC, 20036 0815793898 $16.
Any Government failure to invest in the management of asbestos could result in the closure of local public facilities such as swimming pools and libraries.
 
 
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