Government Failure

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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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We will raise voice over government failures by coming on Streets", he warned the PML-N leadership.
Some specific topics include tax burden and unemployment, Marxian public economies, a welfare-economics approach to minority rights, government failures in railway public policy, the origins and impact of the informal economy, and the role of memory in modeling social and economic cycles of extreme events.
Lined up against his many chapters on many spectacular government failures, his "successes" are relatively weak.
Healthcare and innovation are treated as cases of policy conflicts rather than as government failures in market-oriented reform.
Summary: India's economic growth fell to its slowest pace in a decade for the latest fiscal year, faltering amid government failures to act on planned reforms to encourage investment and improve industry performance.
MAY I ask your readers if, like me, they find the steady stream of disclosures highlighting previous government failures a constant source of amazement?
I HAVE no argument with Tony Mulhearn, for whom I have much respect nor, indeed John Seymour when they blame past Government failures for much of the present economic crisis (ECHO Aug 15).
Because of a succession of Government failures, we no longer have a manufacturing industry" - Read the blogs I and join the debate on nebusiness.
Moreover, it is important to recognize that some government failures may be inherent in the nature of democracy.
To omit mention of local and state government failures in this situation and to presume that President Bush has no feeling for the poor is based on pure vitriolic hatred of Bush.
One thing is sure: demagogues will not tire of spending other folks' money and overlooking the consequences of past government failures.
To these skeptics, the less advanced countries have experienced colossal government failures in their attempts to achieve economic development.

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