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Role of the Government in Economic Development

In: Perspectives of Economic Development

Author

Listed:
  • Amlan Datta

Abstract

Adam Smith assigned to the state ‘three duties ofgreat importance’. His exposition of the duties of the state needs now to be amended in certain ways; but it is couched in a language which makes reinterpretation easy. It is, in fact, more adequate than most of his critics are prepared to admit and provides even today a very convenient basis for discussion. It is particularly useful for the student of economic development, since the ‘duties of the sovereign ’, as understood by Smith, are unmistakable pointers to certain conditions of economic progress.

Suggested Citation

  • Amlan Datta, 1973. "Role of the Government in Economic Development," Palgrave Macmillan Books, in: Perspectives of Economic Development, chapter 0, pages 209-218, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-01956-4_13
    DOI: 10.1007/978-1-349-01956-4_13
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