This research review covers the main theories and justifications for and against state intervention as they have developed over two centuries. It also incorporates an institutional approach to the role of the state in enforcing "the rules of the game" of the economy as well as examining specific issues including market failure, rent-seeking and regulation. Economists and political scientists alike will find this to be the ideal guide to the classic and modern arguments surrounding the state's role in the economy.
Ha-Joon Chang evaluates the role of the state in economics and development. In this collection of essays, he reviews theories and practices of state intervention as they have developed over two centuries of modern capitalism.
The book addresses the fundamental question of what governments should do, or have attempted to do, in economic activities in past and recent periods. It also speculates on what they are likely or may be forced to do in future years.
This paper discusses the role of the state from a historical perspective. It outlines how that role has changed over the past hundred years and discusses the forces that have...
The book addresses the fundamental question of what governments should do, or have attempted to do, in economic activities in past and recent periods. It also speculates on what they are likely or may be forced to do in future years.
Up-to-date, holistic and comprehensive discussion of public expenditure, its history, value for money, risks and remedies.
The Role of Government in the History of Economic Thought examines a controversial area of economic analysis: the appropriate role of government within the economic system. If the first two-thirds...
This study brings an original slant to the complex and much-debated question of the proper role of government in the economic sphere. Representing a broad range of disciplinary and ideological...
Who really creates wealth in our world? And how do we decide the value of what they do? At the heart of today's financial and economic crisis is a problem...
An essential addition to any economics library, these five volumes present the contributions and writings of an influential and prolific scholar.
These themes are to identify some of the reasons for the changing role of the state, including first, the shifting contexts such as the reconfigured state–business relationship; second, the mediating role of society in distributive ...