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Controversies Regarding the Economic Part Played by the State in Economy

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Author Info
Tiberiu Cristian Avrãmescu (University of Pitesti)
Emilia Ungureanu (University of Pitesti)

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Abstract

One of the important matters of the economic theory and practice is the relation between the state and the economy. For more than 200 years, the economic thought has been dominated by controversies regarding the economic part played by the State. There have been created many theories. Taking as a starting point the economic and social realities, the supporters of various trends have tried to find arguments in favor of or against the involvement of the State in economy, to justify the cases in which it is necessary for the Sate to intervene in economy or to suggest that the State should not intervene in economy.

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Publisher Info
Article provided by Asociatia Generala a Economistilor din Romania - AGER in its journal Theoretical and Applied Economics.

Volume (Year): 04(533) (2009)
Issue (Month): 04(533) (April)
Pages: 57-66
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Handle: RePEc:agr:journl:v:04(533):y:2009:i:04(533):p:57-66

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Related research
Keywords: liberalism; Keynesianism; market economy; state economy; centralized economy; governing.;

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This page was last updated on 2009-12-16.

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