The focus of this paper is on policies that ought to support productivity, output and employment growth. This support can be direct and indirect, targeted to specific sectors or types of firms or wide ranging. The presence of externalities is the main theoretical justification for deviating from policy neutrality if enhancing economic efficiency is the policy objective. Policies seeking to correct efficiency-related market failures could, for instance...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2017/11/01
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Рабочие документы
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121668
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1
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1
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2017/11/28
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Disclosed
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Business support policies : large spending, little impact
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business support