Description

• Title:
  The state’s role in the economy after a crisis the rationale behind it and recommendations
• Creator:
  Götz, Marta
• Description:
  This paper showcases a review of recent approaches towards the state role in the post-crisis economy. The background for the analysis is the support and austerity paradox. A state is supposed to stabilise the economy, stimulate growth and prevent abuses by better supervision, and at the same time to reduce the burden on society by slashing debt. A survey of the selected literature shows that the financial turbulence and recent economic downturn call for more state presence in market processes. There is a rationale behind such interventions, although, given the risks involved, a balanced and prudent approach is required. Recommendations in this respect have been formulated.
• Object availability:
  free access
• Date:
  2015.06.15
• Type:
  info:eu-repo/semantics/article;
  info:eu-repo/semantics/publishedVersion;
  Artykuł naukowy
• Language:
  English
• Source:
  Rocznik Integracji Europejskiej; No. 9 (2015); 491-503;
  Rocznik Integracji Europejskiej; Nr 9 (2015); 491-503;
  2956-5030;
  1899-6256
• Format:
  application/pdf
• Publisher:
  Adam Mickiewicz University Poznan
• Relation: http://pressto.amu.edu.pl/index.php/rie/article/view/6217/6249
• Subject:
  crisis;
  EU;
  state intervention;
  market failures;
  industrial policy
• Identifier: http://pressto.amu.edu.pl/index.php/rie/article/view/6217
• Data provider:
  Platforma Otwartych Czasopism Naukowych UAM
• Can I use it?:
  seek permission
• Type:
  text