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Within the context of dwarf green markets and market failure, what is the role of government in addressing this situation as policy corrector and enforcer?

9 months ago in PhD Topic Ideas , PhD Topic Selection By Daniel

Topic Topic Selection

Government role on green markets and market failure

When the dwarf green markets bring in market failure, should we be anticipating that our governments will intervene (as both reward policy correctors and punishing enforcers), how do they guide such interventions?

All Answers (1 Answers In All)

By Kunal Answered 9 months ago

When dwarf green markets collapse, government intervention becomes inevitable. As a policy corrector, governments should create regulations to correct the market inefficiencies, promote fair competition and strive for environmental sustainability. Secondly, acting as an enforcer, the government can levy penalties for non-compliance, promote responsible behaviours and reward green innovations.

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