Skip to main content

1999 | OriginalPaper | Buchkapitel

Conclusion: Policy Implications

verfasst von : Martin Zagler

Erschienen in: Endogenous Growth, Market Failures and Economic Policy

Verlag: Palgrave Macmillan UK

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Much has been said about the different engines of economic growth. The following concluding remarks are aimed to clarify the issue and to elaborate the practical application of all the previous theorizing. This Conclusion explains why there is a need for economic policy or why the market is not a sufficient instrument to ensure allocative efficiency — just as it never helped to secure distributive justice, a point which is discussed in section 9.3.

Metadaten
Titel
Conclusion: Policy Implications
verfasst von
Martin Zagler
Copyright-Jahr
1999
Verlag
Palgrave Macmillan UK
DOI
https://doi.org/10.1007/978-1-349-27129-0_9