Market or Government Failures?: An Asian Perspective PDF
249 Pages·2001·1.279 MB·English
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Description:
This book critiques the attention generally placed on government failures in economic crises. Bhalla tunrs to the market, exploring corporate failures which occur in both public and private spheres. These may be due to lapses in implementation of policies and programs. Lack of enforcement in developing countries occurs either because rules and norms do not exist or because they are poorly enforced.
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