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  2. Market intervention - Wikipedia

    en.wikipedia.org/wiki/Market_intervention

    A market intervention is a policy or measure that modifies or interferes with a market, typically done in the form of state action, but also by philanthropic and political-action groups. Market interventions can be done for a number of reasons, including as an attempt to correct market failures , [ 1 ] or more broadly to promote public ...

  3. Visible hand (economics) - Wikipedia

    en.wikipedia.org/wiki/Visible_hand_(economics)

    Simply put, it refers to government intervention. [ 3 ] In economics the "visible hand" is generally considered to be the macro-fiscal policy of John Keynes that emerged in the 1930s as a remedy for the shortcomings of Adam Smith 's " invisible hand " and advocated government intervention in the economy. [ 4 ]

  4. Public economics - Wikipedia

    en.wikipedia.org/wiki/Public_economics

    Public Economics focuses on when and to what degree the government should intervene in the economy to address market failures. [19] Some examples of government intervention are providing pure public goods such as defense, regulating negative externalities such as pollution and addressing imperfect market conditions such as asymmetric information.

  5. Strategic trade theory - Wikipedia

    en.wikipedia.org/wiki/Strategic_trade_theory

    For example, national governments are unlikely to have the analytical capacity to determine the optimal form of trade intervention. Additionally, the national political process may compromise the government's ability to apply such policies. A government that shift rents from other exporters may invite retaliation in those or other markets. [9]

  6. Green industrial policy - Wikipedia

    en.wikipedia.org/wiki/Green_industrial_policy

    Inadequate policy design can also lead to the failure of GIP. Failure is likely if GIP does not have clear objectives, benchmarks to measure success, close monitoring, and exit strategies. [30] For instance, the U.S. government partially funded Solyndra, an energy efficiency firm in California, United States. The funding came from poorly ...

  7. Economic policy - Wikipedia

    en.wikipedia.org/wiki/Economic_policy

    Government spending on just about any area of government; Monetary policy controls the value of currency by lowering the supply of money to control inflation and raising it to stimulate economic growth. It is concerned with the amount of money in circulation and, consequently, interest rates and inflation. Interest rates, if set by the Government

  8. Economic development - Wikipedia

    en.wikipedia.org/wiki/Economic_development

    Borne out of the backdrop of Keynesian economics (advocating government intervention), and neoclassical economics (stressing reduced intervention), with the rise of high-growth countries (Singapore, South Korea, Hong Kong) and planned governments (Argentina, Chile, Sudan, Uganda), economic development and more generally development economics ...

  9. Economic development incentive - Wikipedia

    en.wikipedia.org/wiki/Economic_development_incentive

    They accord the recipient a monetary benefit (i.e., tax incentives) or an in-kind benefit (e.g., state regulatory releases of environmental liability, municipal infrastructure improvements). [3] Private enterprises, including individuals, are generally the ultimate beneficiaries of economic development incentives.