Rethinking Growth and the State
Philippe Aghion
(1, 2, 3)
,
Julia Cage
(2, 3)
Philippe Aghion
- Fonction : Auteur
- PersonId : 1360165
- IdHAL : philippe-aghion
Julia Cage
- Fonction : Auteur
- PersonId : 1101763
- IdHAL : julia-cage
- ORCID : 0000-0001-7085-5774
- IdRef : 160569524
Résumé
Government intervention is often perceived as a constraint on market
forces and thereby on economic growth. In particular, over the past
three decades, increasing awareness that product and labor market liberalization enhances growth has led scholars and policy makers to also
recommend a reduction in the role and size of governments. True, the
recent global fi nancial crisis showed the importance of the state as a regulator for the fi nancial system. Indeed, when fi nancial institutions are
“too big to fail,” the state may have to intervene to preserve the stability
of the whole system.1
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Chapitre d'ouvrage |
Titre |
en
Rethinking Growth and the State
|
Résumé |
en
Government intervention is often perceived as a constraint on market
forces and thereby on economic growth. In particular, over the past
three decades, increasing awareness that product and labor market liberalization enhances growth has led scholars and policy makers to also
recommend a reduction in the role and size of governments. True, the
recent global fi nancial crisis showed the importance of the state as a regulator for the fi nancial system. Indeed, when fi nancial institutions are
“too big to fail,” the state may have to intervene to preserve the stability
of the whole system.1
|
Auteur(s) |
Philippe Aghion
1, 2, 3
, Julia Cage
2, 3
1
Harvard University
( 38302 )
- Massachusetts Hall, Cambridge, MA 02138
- États-Unis
2
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
3
PSE -
Paris-Jourdan Sciences Economiques
( 139754 )
- 48 boulevard Jourdan 75014 Paris
- France
|
Langue du document |
Anglais
|
Titre de l'ouvrage |
Ascent after decline : regrowing global economies after the great recession
|
Vulgarisation |
Non
|
Audience |
Internationale
|
Date de publication |
2012
|
Page/Identifiant |
181-200
|
Domaine(s) |
|
Éditeur commercial |
|
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