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Types of government intervention (I)

Types of government intervention (I). A. Market regulation Managing externalities Fair competition Safety Employment law. Types of government intervention (II). B. Infrastructure International competition Protection of overseas interests Legal framework for trade Employment law

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Types of government intervention (I)

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  1. Types of government intervention (I) • A. Market regulation • Managing externalities • Fair competition • Safety • Employment law

  2. Types of government intervention (II) • B. Infrastructure • International competition • Protection of overseas interests • Legal framework for trade • Employment law • Maintaining healthy economic conditions

  3. Business organizations • Trade associations • Work in the interests of businesses engaging in specific industries • Association of British Travel Agents • Freight Transport Association • Institute of Chartered Accountants • Peak organizations • Pursue the interests of business as a whole • Confederation of British Industry • Institute of Directors • Federation of Small Businesses

  4. Regulatory bodies

  5. Preferred channel of contact to government Direct – 68% Through trade organization – 46 % Through CBI – 24% Source: Neil J Mitchell, The Conspicuous Corporation: Business, Public Policy & Representative Democracy

  6. Methods used by businesses to influence government policy Source: Neil J Mitchell, The Conspicuous Corporation: Business, Public Policy & Representative Democracy

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