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Market or Government Failures?: An Asian Perspective
Market or Government Failures An Asian Perspective Author:A. S. Bhalla This book critiques the attention generally placed on government failures in economic crises. Bhalla turns 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... more » norms do not exist or because they are poorly enforced, looking at implementation problems highlights the importance of organizations and institutions.« less