2005•Journal of Nanjing University of Finance and EconomicsRequires access
An Analysis of the Government and Its Functions in the Network Economy: Based on the Theory of Limited Government
Ning Liu, Nanjing Universityoffinanceandeconomics, Nanjing
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Abstract
The government functions are indispensable because of market failure and the functions of government must be limited because of government failure. So the most effective government should be the most limited one. In this paper, we take discussions about the characters and functions of government in network economy which is based on the theory of limited government.