The comparative advantage of government : a review (English)

In theory, market failures are necessary but not sufficient conditions for justifying government intervention in the production of goods and services. Even without market failures, there might be a case for government intervention on the grounds of poverty reduction or merit goods (for example, mandatory elementary education and mandatory use of seatbelts in cars and of helmets on motorbikes). In every case, contends the author, a case for government...

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Author

Belli,Pedro;
Document Date
1997/10/31
Document Type
Policy Research Working Paper
Report Number
WPS1834
Volume No
1
Total Volume(s)
1
Disclosure Date
2010/07/01
Doc Name
The comparative advantage of government : a review
Keywords
government intervention

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Citation

Belli,Pedro.

The comparative advantage of government : a review (English). Policy, Research working paper ; no. WPS 1834 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/786671468766522717

The comparative advantage of government : a review (English)

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