Market or Government Failures?

An Asian Perspective

By:

A Bhalla

Format:

Hardback

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Description

Choosing between government and market is not a very helpful exercise since both are necessary. This book argues that it is misplaced to dichotomize between government and market failures. Too much attention is generally placed on government failures and not enough on private corporate failures. Failures occur in both public and private corporate spheres. They may be due to lapses in implementation of policies and programmes. Lack of enforcement in developing countries occurs either because rules and norms do not exist or they are poorly enforced. Emphasis on implementation problems highlights the importance of organizations and institutions.

Author Biography:

A.S. BHALLA is David Thompson Senior Research Fellow at Sidney Sussex College, University of Cambridge. Dr. Bhalla has held research and academic positions at the Universities of Yale, Oxford and Manchester. He has published extensively in well-known journals and is the author of several books on different aspects of developments, e.g. Uneven Development in the Third World, Globalization, Growth and Marginalization, Regional Blocs: Building Blocks or Stumbling Blocks, Poverty and Exclusion in a Global World, and Facing the Technological Challenge.

Release date NZ

March 13th, 2001

Author

A Bhalla

Audience

Professional & Vocational

Illustrations

XVII, 230 p.

Pages

230

Dimensions

140x216x13

ISBN-13

9780333662403

Product ID

1725621

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