期刊名称：International Journal of Economics and Finance Studies
电子版ISSN：1309-8055
出版年度：2017
卷号：9
期号：2
页码：16-31
出版社：Social Sciences Research Society
摘要：The theory of government failure developed by public choice economists isalso called “the non-market failure theory”. The government failure theoryin short, explains the negative results of the regulations and interventionsmade by the state to the economy. As market failure exists according topublic choice economists, government can also fail due to various reasons.When the government intervenes in the economy to cure an economicproblem only ends up creating more problems. In sum, government failureis imperfection in government performance and explores the deficiencies ofpolitical decision making process..
关键词：Government failure; Government performance; Deficiencies of;Political Decision Making Process.
