股市失灵的真正原因总是归根为政策失灵。
Always, the intrinsic reason for market failure is policy failure.
公共政策失灵的研究，不仅可以避免价值偏好的影响，而且还能促进公共政策分析的深入和拓展。
Study of public policy failure not only can avoid the influence of value preference, but also can deepen and widen policy analysis.
公共政策失灵，可以理解为一项公共政策的过程或结果偏离了政策制定者实际预想的目标，并给政策对象造成了始料不及的负面影响。
Public policy failure can be understood as a deviation between process or outcome of a public policy and the expected objective of policy-maker, with a negative affection to target population.
内容提要内容提要中国人口政策运行过程具有相机抉择和危机管理等政策属性。当前中国人口政策运行中存在政策失灵、政策时滞和政策博弈等关键问题。
Chinese population policy operation has some characteristics such as discretion and crisis administration, and has some key problems as policy failure, policy hysteresis and policy game.
因此，有人将货币政策的实施比作驾驶一辆挡风玻璃变黑、后视镜破裂、方向盘失灵的汽车。
Hence the analogy that likens the conduct of monetary policy to driving a car with a blackened windscreen, a cracked rear-view mirror and a faulty steering wheel.
因此，有人将货币政策的实施比作驾驶一辆挡风玻璃变黑、后视镜破裂、方向盘失灵的汽车。
Hence the analogy that likens the conduct of monetary policy to driving a car with a blackened windscreen, a cracked rear-view mirror and a faulty steering wheel.
人群中普遍存在肥胖情况不是个人意志消退的标志，而是最高级别上政策的失灵。
Widespread obesity in a population is not a marker of failure of individual willpower, but of failure in policies at the highest level.
政策失误和管理制度失灵不仅导致了金融危机和气候变化。
The financial crisis and climate change are not the only markers of bad policies and failed systems of governance.
因而提出了增加制度供给，构建合理农业保险体系，以纠正市场失灵的政策主张。
Therefore we must increase the supply of the institution and design the framework of agriculture insurance properly to correct the market failure.
因而提出了增加制度供给，构建合理农业保险体系，以纠正市场失灵的政策主张。
Therefore we must increase the supply of the institution and design the framework of agriculture insurance properly to correct the market failure.
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