Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/6281
Title: Niesprawnosc rynku, niesprawnosc rzadu, przywodztwo i polityka publiczna
English Title: Market Failure, Government Failure, Leadership and Public Policy
Contributor(s): Dollery, Brian E  (author); Wallis, Joe (author)
Publication Date: 2009
Handle Link: https://hdl.handle.net/1959.11/6281
Abstract: The economic rationale for government intervention in a market economy has traditionally been provided by the theory of market failure. This article reviews the market failure paradigm in the light of the more recent literature on government failure. One implication of the theory of government failure is that the contractualist approach to public service reform is the best method of improving public sector productivity. However, we argue that this view overlooks the potentially crucial role of leadership in public agencies and the ways in which transformational leadership can stimulate efficiency. We argue that communitarian conceptions of leadership can be incorporated into conventional economic approaches, and that this can have significant implications for public policy formulation.
Publication Type: Journal Article
Source of Publication: Zarzadzanie Publiczne, 2(8), p. 81-91
Publisher: Wydawnictwo Naukowe "Scholar"
Place of Publication: Warsaw, Poland
ISSN: 1898-3529
Field of Research (FOR): 140214 Public Economics- Publically Provided Goods
Socio-Economic Objective (SEO): 910299 Microeconomics not elsewhere classified
Peer Reviewed: Yes
HERDC Category Description: C1 Refereed Article in a Scholarly Journal
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