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- Title
The Importance of the State's Involvement in Economy.
- Authors
RADU, Claudia Florina
- Abstract
There have been many debates and controversies over time regarding the role the state should play in economy. Some economists talk about a liberal role of the state in economy and other talk about state control. Today there are opinions on rethinking the role of the state in economy because of the current economic and financial crisis. Due to the crisis, universal public programs are more difficult to be financed than in the past because they are too expensive. We consider that the state should remain involved in providing common goods, because otherwise their existence would be seriously jeopardized. Then the social policy of the state should play an important role in the activities of the state. For these reasons it is necessary for the state to continue to engage actively in important areas like education, health, pensions, electricity, natural resources of the country (eg to provide free medical care, free education and so on).
- Subjects
EDUCATION policy; FINANCIAL crises; GOVERNMENT policy; SOCIAL marketing; PUBLIC welfare
- Publication
Scientific Journal of Humanistic Studies, 2013, Vol 5, Issue 8, p223
- ISSN
2066-8880
- Publication type
Article