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Participation in public expenditure systems : Participation in public expenditdure systems (anglais)

The mainstream public economics literature makes the case that government intervention ought to be considered in two instances, i) when market failures occur because of externalities, public good properties, incomplete information, and lack of competition, or ii) when market activities worsen distribution of income. After establishing at least one of these, the government chooses among a range of instruments to redress the resultant allocative as...
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