Market Failure, Government Failure, Leadership and Public Policy

A global wave of reform is fundamentally reshaping the role of the state in national economies. This book provides a fresh and accessible perspective on the political economy of this megatrend. It traces the theoretical roots of the reforms to development

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10.1057/9780230372962preview - Market Failure, Government Failure, Leadership and Public Policy, Brian Dollery and Joe Wallis

Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-03-23

Market Failure, Government Failure, Leadership and Public Policy

Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-03-23

MARKET FAILURE, GOVERNMENT FAILURE, LEADERSHIP AND PUBLIC POLICY

10.1057/9780230372962preview - Market Failure, Government Failure, Leadership and Public Policy, Brian Dollery and Joe Wallis

Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-03-23

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10.1057/9780230372962preview - Market Failure, Government Failure, Leadership and Public Policy, Brian Dollery and Joe Wallis

Joe Wallis Otago University Dunedin New Zealand

and

Brian Dollery University of New England Armidale Australia

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10.1057/9780230372962preview - Market Failure, Government Failure, Leadership and Public Policy, Brian Dollery and Joe Wallis

Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-03-23

Market Failure, Government Failure, Leadership and Public Policy

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First published in Great Britain 1999 by

MACMILLAN PRESS LTD Houndmills, Basingstoke, Hampshire RG21 6XS and London Companies and representatives throughout the world A catalogue record for this book is available from the British Library. ISBN 0-333-73423-8

ST. MARTIN'S PRESS, INC., Scholarly and Reference Division, 175 Fifth Avenue, New York, N.Y. 10010 ISBN 0-312-22186-X Library of Congress Cataloging-in-Publication Data Wallis, Joe Market failure, government failure, leadership and public policy / Joe Wallis and Brian Dollery. p. cm. Includes bibliographical references and index. ISBN 0-312-22186-X (cloth) 1. Economic policy. 2. Social policy. 3. Policy sciences. 4. Intervention (Federal government) 5. Political planning. 6. Business cycles. 7. Economic stabilization. 8. Leadership. I. Dollery, Brian. II. Title. HD87.W354 1999 338.9—dc21 99-18650 CIP

© Joe Wallis and Brian Dollery 1999 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London W1P 0LP. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. 10 08 07

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