Long Term Investment 2 Introduction In the economies around the world, it is very important to make sure that, the government intervention is there in the market. With the help of the government intervention, various kinds of advantages shall accrue to the organizations in the industry. The industry selected for the present paper is the retail industry. The paper shall consider the requirement of government intervention in the industry. The paper shall consider certain important things regarding the self expansion of the industry. There is a requirement to ensure convergence between the interests of the stakeholders and the managers of the organization regarding the profitability of the organization. All these things shall be taken into consideration in the present paper. Government Involvement in the Market Economy In the market economy, it is very important to make sure that, there is a case of involvement of the government. The first reason of government involvement in the market economy is that, the government involvement helps in making sure that, the perceived market failure is corrected (Taylor, 2006). In the market economy, it is likely that, some kinds of problems could arise in relation to the equitable distribution of income and wealth. Regarding this situation, the government involvement will help in making sure that, there is equitable distribution of income and wealth in the economy. The short term and long term performance of the economy is also improved with the help of involvement of government in the market economy. In this way, it can be said that, it is very important to have involvement of government in the market economy. Rationale for Government Involvement in US Market Process The first thing which relates to the rationale of government involvement in the US market process is that, government involvement will help in making sure that, policy goals set by the government for the development of the economy is improved. For example, if the
W.D. (Wieke) Pot, MSc. is a PhD Candidate at the Public Administration and Policy group at Wageningen University, the Netherlands. Her research addresses long-term decision making in public sector organizations, climate change adaptation, and investment decisions in end-of-lifetime infrastructure. After finishing her Master’s in Public Administration, she worked as a researcher at Wageningen University & Research and as a strategy consultant and manager, amongst others via Boer & Croon.
A. (Art) Dewulf is Associate Professor at the Public Administration and Policy group, Wageningen University & Research, the Netherlands. He studies complex problems of natural resource governance with a focus on the interactive processes of sensemaking and decision making in water and climate governance. He has published extensively on issue framing, decision making under uncertainty, governance of climate adaptation, the role of knowledge in decision making, and the governance of wicked problems.
G.R. (Robbert) Biesbroek is Assistant Professor at the Public Administration and Policy group, Wageningen University & Research, the Netherlands. His research includes causal mechanisms of complex decision making, dynamics of policy (dis)integration of cross-cutting societal issues, tracking policy change using big data tools and methods, and the political and bureaucratic responses to climate change adaptation. He has (co)authored over twenty scientific papers and currently serves as Editor for Regional Environmental Change.
M.J. (Maarten) van der Vlist has a joint appointment as special associate professor adaptive water management at Wageningen University, The Netherlands, and as a principle expert in adaptive water management at Rijkswaterstaat, The Netherlands. Rijkswaterstaat is currently the executive branch of the Ministry of Infrastructure and Environment. His research addresses adaptation to climate change of the spatial layout of areas, with special attention on the replacement of aging water management infrastructure.
C.J.A.M. (Catrien) Termeer is Chair of the Public Administration and Policy group at Wageningen University & Research, the Netherlands. Her research addresses the governance of wicked problems in the policy domains of sustainable agri-food systems, adaptation to climate change, and vital rural areas. Before, she worked at the Erasmus University of Rotterdam; Technical University of Delft; the Ministry of Agriculture, Nature, and Food; and Sioo, a Centre for Organizational Change and Learning. She has also served on the Advisory Council of Rijkswaterstaat.