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 | Publication Type: | Journal Article | Source of Publication: | Zarzadzanie Publiczne, 2(8), p. 81-91 | Publisher: | Scholar | Place of Publication: | Poland | ISSN: | 1898-3529 | Fields of Research (FoR) 2008: | 140214 Public Economics- Publically Provided Goods | Socio-Economic Objective (SEO) 2008: | 910299 Microeconomics not elsewhere classified | Peer Reviewed: | Yes | HERDC Category Description: | C1 Refereed Article in a Scholarly Journal | English 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. |
|---|---|
| Appears in Collections: | Journal Article |
Files in This Item:
| File | Description | Size | Format |
|---|
Page view(s)
944
checked on Mar 7, 2023
Items in Research UNE are protected by copyright, with all rights reserved, unless otherwise indicated.