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Government provision of cheap power for water pumps and other price incentives to promote agricultural productivity can lead to overuse as well, he adds.
Provision of cheap money - even in unlimited quantities - is not nearly so effective if businesses and consumers are unable to pay off their debts.
Beijing has invested billions of dollars into mining, manufacturing, infrastructure and agriculture, and has brought its own brand of development through the provision of cheap loans, technical expertise, healthcare programmes and scholarships.
Similar changes could be made to the provision of cheap fertiliser, paraffin and other fuels.In the long run, and most controversially, officials want to see how to replace food rations with cash transfers, just as in Raghubir Nagar.
The yield on Spanish ten-year government bonds rose to almost 6%, the highest since the European Central Bank's first provision of cheap funding for banks in December, which had helped to calm bond markets.
Portuguese exports are supporting its turnaround, now accounting for 41% of national output compared with 27% in 2009.Aberration, or Abenomics?In a surprise move, the Bank of Japan expanded its provision of cheap loans to banks in order to boost lending.
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Secular parties had little reach outside cities, and could certainly not match the Islamists' provision of charity, cheap goods and useful services.
The way the west got out of the 2008 crash was by relying on central bankers being generous in their provision of ultra-cheap loans.
McKinsey argues that big data could make both health care and the provision of government services cheaper and more effective.
The first is the rapid provision of basic (and, frankly, cheap) protective gear such as gloves, gowns, surgical masks and disinfectant.
Differences in patients' characteristics and easy access to medication (including free or cheap provision of drugs) may explain at least partly these differences.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com