Theory and Policy Choices of Government Intervention

Author: Wei Zhimin
Publisher:
Publish Date: 2006-03-01
Features: The book is divided into nine chapters, with the first chapter as an introduction. The second chapter focuses on analyzing and comparing different provision mechanisms for public goods, with the policy analysis of privatization-oriented public products as the key focus. The third chapter focuses on the comparative analysis and selection of government intervention tools based on market failures caused by externalities. The fourth chapter primarily analyzes the basis of market power, social costs, and government policy responses. The fifth chapter examines government policies ensuring moderate income distribution equality. Chapters six and seven concentrate on the economic theory, political basis, and policy practice of government policies in the macroeconomic field, including economic growth policies and foreign trade policies. The eighth chapter provides a comprehensive analysis of one consequence of government intervention—the rapid growth of government size—focusing on the non-policy factors driving government expansion. The ninth chapter studies the issue of government failure during the process of government intervention.