government failure
政府失灵(又作政府失效) government failure; non-market failure
市场失灵政府失灵 Market Failure Government Failure
当然,当市场在2007年失灵时,是政府的果断干预挽救了局面。
Of course, when the markets came crashing down in 2007, it was decisive government intervention that saved the day.
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