Government Intervention

Industrial Policy
Official policies concerning the direction of economic activity to particular parts of the economy.
Market Failure
An examination of market failure in economic contexts, its sources, and implications for government intervention.
Picking Winners
The idea that governments can promote economic development by selecting particular projects for financial and technical support.
Prices and Incomes Policy
Overview and analysis of government attempts to control prices and incomes directly.
Public Corporation
The UK form of organization for nationalized industries operating with managerial autonomy but under considerable government intervention.
Subsidy
Government payments to consumers or producers affecting the factor cost.