Demand and supply curves in political markets : understanding the problem of public goods and why governments fail them (English)

This paper brings the economic tools of demand and supply curves to better understand how political markets shape the selection of government policies. It does so to tackle a problem at the intersection of political science and economics: government failure to pursue policies on the basis of sound technical evidence. Too often, the leaders who wield policy-making power within governments deliberately and knowingly ignore sound technical advice, or...

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Author

Khemani,Stuti;
Document Date
2017/10/10
Document Type
Policy Research Working Paper
Report Number
WPS8213
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2017/10/10
Disclosure Status
Disclosed
Doc Name
Demand and supply curves in political markets : understanding the problem of public goods and why governments fail them
Keywords
public good

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Citation

Khemani,Stuti.

Demand and supply curves in political markets : understanding the problem of public goods and why governments fail them (English). Policy Research working paper|no. WPS 8213 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/688181507656703024

Demand and supply curves in political markets : understanding the problem of public goods and why governments fail them (English)

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