Buchbeitrag
Understanding Market Failure in the Developing Country Context
Market failure makes it difficult to achieve the condition of economic efficiency by distorting price mechanisms and normal distribution of goods and services thereby, leading to welfare loss. They are entrenched in the socio-economic fabrics of most developing countries, underpinned by the lack of well-functioning market structures and economic systems – which are supposed to make the market economy resilient to such economic shortcomings.
- Language
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Englisch
- Bibliographic citation
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In: Decent Work and Economic Growth: Encyclopedia of Sustainable Development Goals ; Year: 2019 ; Pages: 1-10 ; Ed(s).: Filho, Walter L. et. al. ; Cham: Springer Nature Switzerland
- Classification
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Wirtschaft
- Subject
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Market Failure
Developing countries
- Event
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Geistige Schöpfung
- (who)
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Jackson, Emerson Abraham
Jabbie, Mohamed
- Event
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Veröffentlichung
- (who)
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Springer Nature Switzerland
ZBW – Leibniz Information Centre for Economics
- (where)
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Cham
- (when)
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2019
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Buchbeitrag
Associated
- Jackson, Emerson Abraham
- Jabbie, Mohamed
- Springer Nature Switzerland
- ZBW – Leibniz Information Centre for Economics
Time of origin
- 2019