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Government Failure
(redirected from Regulatory 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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The subsequent collapse of the bank was seen as an early indication of the regulatory failures that would lead to the 1997 Asian Financial Crisis.
The subsequent collapse of the bank was seen as an early indication of the regulatory failures that would lead to the 1997 Asian Financial Crisis.
Last year, Ann Abraham blamed regulatory failures and official maladministration for the scandal, ruling that up to a million victims who lost savings should receive payouts.
 
 
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