Understanding market failure in the developing country context.

Market failure makes it difficult to achieve the condition of economic efficiency by distorting price mechanisms and normal distribution of goods and services thereby, leading to welfare loss. They are entrenched in the socio-economic fabrics of most developing countries, underpinned by the lack of well-functioning market structures and economic systems – which are supposed to make the market economy resilient to such economic shortcomings.

MoreLess

Year of publication:	2019-04-29
Authors:	Jackson, Emerson Abraham ; Jabbie, Mohamed

More details

Type of publication:	Book / Working Paper
Language:	English
Notes:	Jackson, Emerson Abraham and Jabbie, Mohamed (2019): Understanding market failure in the developing country context. Published in: Springer Nature (29 April 2019): pp. 1-12.
Classification:	H0 - Public Economics. General ; H44 - Publicly Provided Goods: Mixed Markets
Source:	BASE

Persistent link: https://www.econbiz.de/10015264333