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We have seen how too much power concentrated in too few individuals, poor incentive structures, and weak oversight can be disastrous.
On top of the generally poor incentive structures in the system there is still a strong reluctance to offer courses and degrees in English.
AMY EDMONDSON: Yeah, I mean there is an incentive story here, but I could give you in your job a poor incentive and you could give me feedback.
Unlike most other parts of the safety net, it is contingent on work, and ample research shows that it boosts employment for those who get it.But while a family can qualify for an EITC of up to $6,143, a childless adult's benefits stop at a paltry $496: a poor incentive to work.
"Indian entrepreneurs have been suffering recently because global investors have discovered India's inefficient (somewhat corrupt) government and poor incentive systems.
Lower spending might seem like a good thing, until you consider the poor incentive it creates for innovation.
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The problem was poor incentives for banks and rating agencies.
I'm sure that's true, as my column notes, but it doesn't allay concerns about poor incentives.
"I am looking for a genuinely open and frank discussion and we are looking to drive quality training outcomes and remove poor incentives," he said.
Government officials with poor incentives might end up killing the goose that attracted the golden egg of foot-voting migrants in the first place.
But environmentalists and economists alike warn that the Bush administration's "Clear Skies" initiative, while generally promising improvements, threatens to intensify pollution in certain "hot spots," and could create poor incentives for businesses.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com