Growth Slowdown in Bureaucratic Economic Systems : An Issue Revisited /

Bureaucratically organized systems tend to be less efficient than economies in which agents are free to choose their output targets, as well as the means to meet them. This paper presents a simple model of planner-manager interactions and shows how bureaucratic economies can end up in a low-effort,...

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Bibliografiska uppgifter
Huvudupphovsman: Bulir, Ales
Övriga upphovsmän: Brixiova, Zuzana
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2001.
Serie:IMF Working Papers; Working Paper ; No. 2001/006
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Länkar:Full text available on IMF