Dictionary

market failure en · NOUN

Meanings

1. (countable, uncountable) A situation in which the allocation of goods and services by a free market is not efficient.
   • "Climate change is a result of the greatest market failure the world has seen. The evidence on the seriousness of the risks from inaction or delayed action is now overwhelming. We risk damages on a scale larger than the two world wars of the last century. The problem is global and the response must be a collaboration on a global scale." 2007 November 29, Alison Benjamin, “Stern: Climate change a 'market failure'”, in The Guardian:
   • From a policy perspective, market failure should be a matter of concern when market performance significantly deviates from the appropriate efficiency benchmark. 2007, Clifford Winston, Government Failure versus Market Failure: Microeconomics Policy Research and Government Performance, Brookings Institution Press, →ISBN, page 3:

Forms

Coordinates

government failure

Translations (22)

et turutõrge (a situation in which the allocation of goods and services by a free market is not efficient) · fi markkinahäiriö (a situation in which the allocation of goods and services by a free market is not efficient) · hy շուկայի ձախողում (a situation in which the allocation of goods and services by a free market is not efficient) · fi markkinoiden toimimattomuus (a situation in which the allocation of goods and services by a free market is not efficient) · ru прова́л ры́нка (a situation in which the allocation of goods and services by a free market is not efficient) · cmn 市場失靈 /市场失灵 (a situation in which the allocation of goods and services by a free market is not efficient) · it fallimento del mercato (a situation in which the allocation of goods and services by a free market is not efficient) · fr défaillance du marché (a situation in which the allocation of goods and services by a free market is not efficient) · de Marktversagen (a situation in which the allocation of goods and services by a free market is not efficient) · hu piaci kudarc (a situation in which the allocation of goods and services by a free market is not efficient) · fr défaillance de marché (a situation in which the allocation of goods and services by a free market is not efficient) · ca fallada de mercat (a situation in which the allocation of goods and services by a free market is not efficient) · ru фиа́ско ры́нка (a situation in which the allocation of goods and services by a free market is not efficient) · gl fallo de mercado (a situation in which the allocation of goods and services by a free market is not efficient) · ru сбой ры́нка (a situation in which the allocation of goods and services by a free market is not efficient) · pl zawodność rynku (a situation in which the allocation of goods and services by a free market is not efficient) · nl marktfalen (a situation in which the allocation of goods and services by a free market is not efficient) · uk фіаско ринку (a situation in which the allocation of goods and services by a free market is not efficient) · cs tržní selhání (a situation in which the allocation of goods and services by a free market is not efficient) · ka საბაზრო ჩავარდნა (a situation in which the allocation of goods and services by a free market is not efficient) · pt falha de mercado (a situation in which the allocation of goods and services by a free market is not efficient) · uk розлад ринку (a situation in which the allocation of goods and services by a free market is not efficient)