1. Introducing government failure -- 2. How market and society relate -- 3. The G-Factor : weighing the visible hand of government intervention / Killian J. McCarthy and Tao Zhu -- 4. Government policy : private incentives, public virtues? -- 5. Government failure -- 6. Policy conflicts : the...

This in-depth book explains how institutional changes such as the privatization and liberalization of network industries, for example transport, energy or telecommunications, can frequently be disappointing. The expected benefits such as lower prices, innovation and better services fail to...