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government failure

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  • Government failure — (or non market failure) is the public sector analogy to market failure and occurs when a government intervention causes a more inefficient allocation of goods and resources than would occur without that intervention. Likewise, the government s… …   Wikipedia

  • failure — noun 1 lack of success ADJECTIVE ▪ complete, total ▪ abject, humiliating ▪ The attempt ended in abject failure. ▪ inevitable …   Collocations dictionary

  • Government procurement in the United States — is based on many of the same principles as commercial contracting, but is subject to special laws and regulation as described below. Persons entering into commercial contracts are pretty much free to do anything that they can agree on. Each… …   Wikipedia

  • Failure rate — is the frequency with which an engineered system or component fails, expressed for example in failures per hour. It is often denoted by the Greek letter λ (lambda) and is important in reliability engineering. The failure rate of a system usually… …   Wikipedia

  • Failure in the intelligence cycle — or intelligence failure, while never defined in texts, can be understood to be the outcome of the inadequacies within the intelligence cycle. The intelligence cycle itself consists of six steps that are constantly in motion. The six steps are:… …   Wikipedia

  • failure — fail‧ure [ˈfeɪljə ǁ ər] noun 1. [countable, uncountable] COMMERCE a situation in which a business that is not successful has to close because it is losing money: • The Official Receiver recommended a detailed investigation into the reasons for… …   Financial and business terms

  • Failure of imagination — is a general term use describe circumstances where something which was possible to predict or foresee was not in fact predicted or foreseen.The term has been used to describe part of why intelligence agencies such as the CIA failed to foresee and …   Wikipedia

  • Government Communications Headquarters — GCHQ Agency overview Formed 1919 as Government Code and Cypher School Preceding agency MI1b (Army) and NID25 (Royal Navy) Jurisdiction …   Wikipedia

  • Government contract — Contracting with the U.S. Government is based on many of the same principles as commercial contracting andcan be very profitable, but is sufficiently different from commercial contracting to require special care.Persons entering into commercial… …   Wikipedia

  • Government intervention during the subprime mortgage crisis — Due to the subprime mortgage crisis, a variety of government bailouts were implemented to stabilize the financial system during late 2007 and early 2008. Governments intervened in the United States and several Western European countries, such as… …   Wikipedia

  • government economic policy — ▪ finance Introduction       measures by which a government attempts to influence the economy. The national budget generally reflects the economic policy of a government, and it is partly through the budget that the government exercises its three …   Universalium

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