This "failure of market discipline", the fund argues, played a big role in the crisis.

IMF认为，这种“失灵的市场纪律”在这次危机中扮演了重要的角色。

youdao

To use water market for water resources allocation is a high efficient method. However, defect or failure of market may occur in the water market.

用水市场来配置水资源，是一种高效的水资源配置方式，但水市场会发生市场失灵现象。

youdao

But the IMF disagrees. It argues, in new papers released on Friday March 6th, that the "main culprit" was deficient regulation of the financial system, together with a failure of market discipline.

但是国际货币基金组织对此持有异议在其3月6日周五公布的文件中声称导致金融危机的罪魁祸首是缺乏监管的金融体系以及无序的市场。

youdao

This is...isn't this an example of kind of thing that... ? a socialist would refer to as market failure?

莫非这正好验证了。,社会主义者关于资本主义市场失效的理论？

斯坦福公开课 - 经济学课程节选

When trading stopped last week, the failure of a single trader led to the failure of the market as a whole.

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This is an abysmal failure of free market forces to converge the end price with the cost of production.

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In fact, the two biggest economic disasters of the 20th century--the Great Depression in the 1930s and the Great Inflation of the 1970s--were both the result of catastrophic government mistakes, not a sudden failure of free-market capitalism.

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