L’ETAT ET L’ECONOMIE: L’EVOLUTION DES PARADIGMES

Jean-Luc Penot
Additional contact information
Jean-Luc Penot: Universite de Versailles Saint Quentin, France.

Curentul Juridic, The Juridical Current, Le Courant Juridique, 2010, vol. 41, 155-161

Abstract: In a globalization period, present changes affect more than a single domain, such as the one of law. Our economic certainties and landmarks have changed without rendering a clearly shaped future. The recent economic crisis has revealed that also states have undergone speculative attacks. Wishing to impose market rules, the states have found themselves troubled by markets, thus exposing the powerlessness of their own governments. Therefore we have to reconsider this slow deterioration of public actions and the uncertainties of the economic perspectives. The issue regarding the state’s economic role concerns not only its extent, but also the way this role is exercised: hence the debate has become the most valuable possession of the state. The evolution of the economic deficit indicates that the regulatory power of the state has been reduced. All over the world, the policies of reducing public expenditures and debts have become priorities. The main issue is represented by the efficiency of the state’s role. The financial and economic crisis has revealed the image of a state as holder of promises facing markets’ malfunction.

Keywords: globalisation; state; economics; the role of the state. (search for similar items in EconPapers)
JEL-codes: K00 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.upm.ro/facultati_departamente/ea/RePEc/ ... /recjurid102_15F.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pmu:cjurid:v:41:y:2010:p:155-161

Access Statistics for this article

More articles in Curentul Juridic, The Juridical Current, Le Courant Juridique from Petru Maior University, Faculty of Economics Law and Administrative Sciences and Pro Iure Foundation Contact information at EDIRC.
Bibliographic data for series maintained by Bogdan Voaidas ( this e-mail address is bad, please contact ).