Abstract
The note discusses the concepts of market failures and government failures, enumerates the conditions under which these might arise and summarizes the emerging views on market failures and government interventions.
Additional Information
| Product Type | Technical Note |
|---|---|
| Reference No. | ECO0341TEC |
| Title | Market Failures and Government Intervention |
| Pages | 8 |
| Published on | Jun 30, 2000 |
| Authors | Basant, Rakesh; Nandi, Nabanita; |
| Area | Economics (ECO) |
| Sector | Government |
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