Government Failures in Development
Anne O. Krueger
No 3340, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
This paper takes as a given the proposition that, in many developing countries, governmental policies have been highly distortive and harmful to economic growth. These policies have included omissions, such as neglect of infrastructure, and commission such as highly restrictive trade regimes and credit rationing. The issues arising from recognition that governments, like markets, are imperfect are discussed.
Date: 1990-04
Note: ITI EFG IFM
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Published as Journal of Economic Perspectives, Vol. 4, No. 3, pp. 9-23, (Summer 1990).
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