THE IMPACT OF THE ECONOMIC AND FINANCIAL CRISIS ON STATE AID: BETWEEN LIBERALIZATION AND INTERVENTIONISM

Nicolae Băcilă
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Nicolae Băcilă: „Babeş-Bolyai” University, Cluj-Napoca

Theoretical and Applied Economics, 2011, vol. 5(558)(supplement), issue 5(558)(supplement), 579-585

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.

Keywords: State aid; crisis; liberalization; protectionism; interventionism. (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:579-585

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