L'Etat, comme acteur économique dans le processus de la globalisation
Jacques Fontanel ()
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Jacques Fontanel: CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble
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Abstract:
ith the process of economic globalization, states have partially lost the power of Keynesian action on the economy. Public Choice theories have even condemned the role of governments, because they consider that a minimal intervention of the State must be claimed as a principle, because the competitive market ensures a stable and optimal equilibrium, under the assumption of rationality of economic agents. However, the market and the state must work together. First, in the economic order defined by the dominant liberal current, the State must remain in its place, supporting free competition and, in the financial domain, respecting the 3D rule (deregulation, disintermediation, deregulation). Secondly, behind the idea of a public service, the State can also be the representative of particular interests masked behind the idea of a public service. Finally, despite these challenges, the role of the state in economic life is essential, since it defines the rules for the legal functioning of the economic activities of legal entities and individuals, it ensures the financing of public goods and services, it makes financial transfers to reduce inequalities and it combats negative short- and long-term external effects.
Date: 2005-12-12
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Published in Economie internationale et globalisation 2005, Dec 2005, Le Caire, Égypte
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