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policy instruments  

Definition

  • The study of policy instruments dates from the early 1970s, though much had been written previously, especially in economics, about government intervention in relation to market imperfections. A policy instrument refers to the means of government intervention in markets or, from a broader perspective, society to accomplish goals or to solve problems. [Source: International Encyclopedia of Political Science; Policy Instruments]

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https://concepts.sagepub.com/social-science/concept/policy_instruments

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