Market or Government Failures? An Asian Perspective

Choosing between government and market is not a very helpful exercise since both are necessary. This book argues that it is misplaced to dichotomise between government and market failures. Too much attention is generally placed on government failures and

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A.S. Bhalla

10.1057/9780230629202preview - Market or Government Failures?, A.S. Bhalla

Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-03-26

Market or Government Failures?

Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-03-26

Market or Government Failures?

10.1057/9780230629202preview - Market or Government Failures?, A.S. Bhalla

Also by A.S. Bhalla BLENDING OF NEW AND TRADITIONAL TECHNOLOGIES (co-editor) ECONOMIC TRANSITION IN HUNAN AND SOUTHERN CHINA ENVIRONMENT, EMPLOYMENT AND DEVELOPMENT (editor; also in Portuguese) FACING THE TECHNOLOGICAL CHALLENGE

NEW TECHNOLOGIES AND DEVELOPMENT (co-editor) POVERTY AND EXCLUSION IN A GLOBAL WORLD (co-author) REGIONAL BLOCS: Building Blocks or Stumbling Blocks? (co-author) SMALL AND MEDIUM ENTERPRISES: Technology Policies and Options (editor) TECHNOLOGICAL TRANSFORMATION OF RURAL INDIA (co-editor) TECHNOLOGY AND EMPLOYMENT IN INDUSTRY (editor; also in Spanish) TOWARDS GLOBAL ACTION FOR APPROPRIATE TECHNOLOGY (editor) UNEVEN DEVELOPMENT IN THE THIRD WORLD: A Study of China and India

10.1057/9780230629202preview - Market or Government Failures?, A.S. Bhalla

Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-03-26

GLOBALIZATION, GROWTH AND MARGINALIZATION (editor; also in French)

Market or Government Failures? An Asian Perspective David Thomson Senior Research Fellow Sidney Sussex College University of Cambridge

10.1057/9780230629202preview - Market or Government Failures?, A.S. Bhalla

Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-03-26

A.S. Bhalla

© A.S. Bhalla 2001 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission.

Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The author has asserted his right to be identified as the author of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2001 by PALGRAVE Houndmills, Basingstoke, Hampshire RG21 6XS and 175 Fifth Avenue, New York, N. Y. 10010 Companies and representatives throughout the world PALGRAVE is the new global academic imprint of St. Martin’s Press LLC Scholarly and Reference Division and Palgrave Publishers Ltd (formerly Macmillan Press Ltd). ISBN 0–333–66240–7 This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. A catalogue record for this book is available from the British Library. Library of Congress Cataloging-in-Publication Data Bhalla, A.S. Market or government failures? : an Asian perspective / A.S. Bhalla. p. cm. Includes bibliographical references and index. ISBN 0–333–66240–7 1. Business cycles—Asia. 2. Financial crises—Asia. 3. Intervention (Federal government)—Asia. 4. Asia– –Economic policy. I. Title. HB3808 .B48 2000 338.5'42'095—dc21 00–053067 10 10

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