Titlebook: Market or Government Failures?; An Asian Perspective A. S. Bhalla Book 2001 Palgrave Macmillan, a division of Macmillan Publishers Limited

MAOIS

hotomise 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 en

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The Old and the New Political Economy,c ills are ascribed to government failures and faulty macroeconomic and sectoral policies. A shift towards a market system involves competition and incentives which are seen as driving forces towards efficiency in resource allocation and use, as well as accelerated economic growth.

DRAFT

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amplitude

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faction

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nocturnal

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痛苦一生

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aerobic

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BATE

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