National government intervention in financing LGU projects with environmental objectives
Market failures due to, among other factors, the presence of externalities, incomplete markets and ill-defined property rights provide a rationale for government intervention since private market provision will tend to lead to inefficient location and use of natural resources and the environment. An...
| Published in: | The Philippine Review of Business and Economics Vol. XXXIV, No. 2 (December 1997), p. 143-189. |
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| Main Author: | |
| Format: | Analytics |
| Language: | English |
| Published: |
1997.
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| Subjects: |