View your shopping bag

Items: (0) £0.00
  • €
  • $
  • £

Checkout

  • Anforme Do Government attempts to overcome Market Failure always result in Government Failure?

Anforme Do Government attempts to overcome Market Failure always result in Government Failure?

Media Type 1+ Horizontal Option Header Quantity Add to basket
  £0.85
  • Product Reference: Download: D13

Barry Reeves, Head of Economics, Sir George Monoux Sixth Form College, discusses how information failure can make government intervention in particular markets counter-productive. However it is argued that in a more macro and global context, state intervention is not only appropriate but really vital.

Summary of Key Points:

  • Government failure in particular markets is not uncommon, being explained by information failure and political pressures.
  • However, when well-informed, government intervention can improve economic efficiency and address equity concerns.
  • The recent credit crunch has underlined the blindness of markets in the financial sector and the fallacy of the market system being self- correcting.
  • Government intervention is urgently needed at a global level to address the major issue of pollution and global warming.
  • Indevelopingeconomiesgovernmentshaveacrucialroleinstimulating economic growth in partnership with the private sector.

This article was in ET 17 Issue 3.

 

Barry Reeves, Head of Economics, Sir George Monoux Sixth Form College, discusses how information failure can make government intervention in particular markets counter-productive. However it is argued that in a more macro and global context, state intervention is not only appropriate but really vital.

Summary of Key Points:

  • Government failure in particular markets is not uncommon, being explained by information failure and political pressures.
  • However, when well-informed, government intervention can improve economic efficiency and address equity concerns.
  • The recent credit crunch has underlined the blindness of markets in the financial sector and the fallacy of the market system being self- correcting.
  • Government intervention is urgently needed at a global level to address the major issue of pollution and global warming.
  • Indevelopingeconomiesgovernmentshaveacrucialroleinstimulating economic growth in partnership with the private sector.

This article was in ET 17 Issue 3.

 

long description

When the order is placed at our website, credit card numbers are encrypted using 128 bit encryption. They are only decrypted after they reach our computer. They are not held in clear text on any web site. Making a purchase could not be easier. Just browse our store, and add any items that you wish to buy into the shopping cart. After you have finished your selection, click on 'Checkout' and you will be asked for a few details that we need to be able to complete the order.

All the products on our website are always in stock. As soon as a product becomes out of stock we remove it from the website. You will never receive a message from us telling you that the product you ordered is not currently available. For internet orders, we aim for a dispatch within 24 hours although no orders will be dispatched at weekends. If, in the unlikely event that you find one of our products to be damaged or not up to the specifications quoted on this website, you may return it within 30 days for a full refund including postage. We regret that we cannot be held responsible for the non-delivery of returned goods so we recommend that you get a certificate of posting.