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The Impact Of The Economic And Financial Crisis On State Aid: Between Liberalization And Interventionism

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  • Nicolae Băcilă

    („Babeş-Bolyai” University, Cluj-Napoca)

Abstract

The paper focuses on the place and role of State aid in the context of the present economic and financial crisis, analyzing State aid in connection with the contemporary international trade transformations, its evolution within the European economy, the relations between State aid and crisis in the context of protectionism revitalization in the Member States and the formation process of a new paradigm in the European economic philosophy that places State aid within a broader framework aiming at market mechanisms management at the interface between the trends of liberalization and state interventionism in the economy.

Suggested Citation

  • Nicolae Băcilă, 2011. "The Impact Of The Economic And Financial Crisis On State Aid: Between Liberalization And Interventionism," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 5(5(558)(su), pages 579-585, July.
    • Handle: RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:579-585
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    References listed on IDEAS

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    1. Matthieu Bussière & Emilia Pérez‐Barreiro & Roland Straub & Daria Taglioni, 2011. "Protectionist Responses to the Crisis: Global Trends and Implications," The World Economy, Wiley Blackwell, vol. 34, pages 826-852, May.
    2. Blauberger, Michael, 2008. "From negative to positive integration? European state aid control through soft and hard law," MPIfG Discussion Paper 08/4, Max Planck Institute for the Study of Societies.
    3. Jeffrey D. Sachs & Andrew Warner, 1995. "Economic Reform and the Process of Global Integration," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 26(1, 25th A), pages 1-118.
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