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The economic function of the state and the problem of state intervention in the economy

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Authors


PhD in Economics, Associate Professor, Department of Economics and Management of Enterprises and Production Complexes
Russia, St. Petersburg State University of Economics
[email protected]

Abstract

In the article on the basis of consideration of various approaches to the concept of “state” defines its actual significance, reveals the dual role of the state as a regulator of economic processes, with its inherent problem of distinguishing between management and regulation functions from functions The implementation of the economic function, as reflected in the work, is largely due to the imperfection of the state, its inability to provide allocates resources, identified the negative consequences of government intervention in the economy, both in setting strategic goals and in enforcing decisions due to the low efficiency of actions of the state bureaucracy, the importance of institutional transformations conducive to economic development, taking into account the determinants of culture and trust, with the determining influence of civil society.

Keywords

state, economic function of the state, state intervention, development economics, generalized trust, allocation inefficiency, irrationality of bureaucracy.

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Trifonov Stanislav Viktorovich
The economic function of the state and the problem of state intervention in the economy// Modern Management Technology. ISSN 2226-9339. – #1 (91). Art. # 9102. Date issued: . Available at: https://sovman.ru/en/article/the-economic-function-of-the-state-and-the-problem-of-state-intervention-in-the-economy/

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