Economic Policies for Growth and Sustainability
Edited by Nikolaos Karagiannis and John E. King
Chapter 2: State and public sector: key economic and politico-institutional aspects of modern intervention
Karagiannis, Madjd-Sadjadi and Bens provide an overview of the state and its various functions, and discuss the changing role of government during the ‘era of change’. The authors critically examine the developmental state argument and offer important economic and politico-institutional aspects of what they believe to be desirable modern policy intervention.
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