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Examples of government failure include regulatory capture and regulatory arbitrage. Government failure may arise because of unanticipated consequences of a government intervention, or because an inefficient outcome is more politically feasible than a Pareto improvement to it. Government failure can be on both the demand side and the supply side.
“The Labour Government has ended the era of Tory austerity and delivered the largest budget settlement for Scotland in the history of devolution, boosting funding by £5.2 billion and enabling ...
Bremmer pointed to a lack of planning as the third reason why U.S. withdrawal from Afghanistan went poorly, noting a failure to prepare for worst-case outcomes. "Even if the intelligence is wrong ...
Deregulation, excess regulation, and failed regulation by the federal government have all been blamed for the subprime mortgage crisis in the United States. [7] Conservatives have claimed that the financial crisis was caused by too much regulation aimed at increasing home ownership rates for lower income people. [8]
Criticism of the United States government encompasses a wide range of sentiments about the actions and policies of the United States. Historically, domestic and international criticism of the United States has been driven by its embracement of classical economics, manifest destiny, hemispheric exclusion and exploitation of the Global South, military intervention, and alleged practice of ...
It failed to get a vote in the Senate. 2013 — With President Barack Obama in the White House, a bipartisan group of senators, nicknamed the Gang of 8, negotiated an immigration reform bill that ...
Democratic backsliding [a] is a process of regime change toward autocracy in which the exercise of political power becomes more arbitrary and repressive. [7] [8] [9] The process typically restricts the space for public contest and political participation in the process of government selection.
The most expensive government shutdown in history cost about $3 billion. The odds are increasing daily that the price tag of a possible sequel this fall could run even higher.