Economic Development as Coordination Problems
The economics of coordination failures is widely interpreted, both by its advocates and by its critics alike, as a call for more active government interventions in economic development. The goal of this paper is to explain that, contrary to the common perception, the logic of coordination failures does not justify policy activism, any greater role of the government in coordination.
|Date of creation:||Apr 1995|
|Contact details of provider:|| Postal: Center for Mathematical Studies in Economics and Management Science, Northwestern University, 580 Jacobs Center, 2001 Sheridan Road, Evanston, IL 60208-2014|
Web page: http://www.kellogg.northwestern.edu/research/math/
More information through EDIRC
|Order Information:|| Email: |
When requesting a correction, please mention this item's handle: RePEc:nwu:cmsems:1123. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Fran Walker)
If references are entirely missing, you can add them using this form.