The return of state capitalism. How the Covid-19 pandemic put the liberal market economies to the test.pdf (378.46 kB)

The return of state capitalism? How the Covid-19 pandemic put the liberal market economies to the test

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posted on 12.05.2021, 08:40 by Mike Wright, Geoffrey Wood, Aldo Musacchio, Ilya Okhmatovskiy, Anna GrosmanAnna Grosman, Jonathan Doh
As states across the world increase their interventions in the economy to deal with the fallout from the pandemic, we are likely to see an uptick in state ownership of assets (again). States can use various tools for proactive intervention in economic production and the functioning of markets, in addition to its regulatory and security roles. Mike Wright, Geoffrey Wood, Aldo Musacchio, Ilya Okhmatovskiy, Anna Grosman, and Jonathan Doh undertake an exploratory factor analysis with seven variables that represent various aspects of state intervention in economic activities for 59 countries. They find that not all state interventions should be threatening to business.

History

School

  • Loughborough University London

Published in

LSE Business Review

Publisher

London School of Economics and Political Science

Version

NA (Not Applicable or Unknown)

Rights holder

© The Authors

Publisher statement

This is an Open Access Article. It is published by the London School of Economics and Political Science under the Creative Commons Attribution-NonCommercial-NoDerivs 2.0 UK: England & Wales Licence (CC BY-NC-ND 2.0 UK). Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/2.0/uk/

Publication date

2021-03-09

Copyright date

2021

Language

en

Depositor

Dr Anna Grosman. Deposit date: 10 May 2021

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