Title: On Government Failure in Public Administration and the Evasion
Abstract:Governmental intervention is the essential means to remedy market defect. However, public choice theory proceeds from the hypothesis of “economic man” to revealing the “government failure”. Due to the...Governmental intervention is the essential means to remedy market defect. However, public choice theory proceeds from the hypothesis of “economic man” to revealing the “government failure”. Due to the limitation of government itself, the policy faults and low efficiency still exist during the course of settling “market failure”. In view of the above-mentioned reasons, evading “government failure” during the course of dealing with “market failure” becomes an indispensable issue in order to optimize the public administration.Read More
Publication Year: 2005
Publication Date: 2005-01-01
Language: en
Type: article
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