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Hierarchy and Market: The Mechanism of Policy Implementation Mechanism of policy implementation State intervention States interventions into collective actions of production, distribution and consumption in society involve legitimately uses of coercive power in the name of in the name of market failure and/or compensating the losers in market. The means employed by the state are commonly called in public policy study the policy instrument. Conception of policy instrument: " Public policy instruments are the set of techniques by which governmental authorities wield their power in attempting to ensure support and effect or prevent social change. (edling, 1998, p 21)Mechanism of policy implementation State intervention: State’s interventions into collective actions of production, distribution and consumption in society involve legitimately uses of coercive power in the name of in the name of market failure and/or compensating the losers in market. The means employed by the state are commonly called in public policy study the policy instrument. Conception of policy instrument: “Public policy instruments are the set of techniques by which governmental authorities wield their power in attempting to ensure support and effect or prevent social change.” (Veding, 1998, p.21) Hierarchy and Market: The Mechanism of Policy Implementation
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