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

Wright, Mike, Wood, Geoffrey, Musacchio, Aldo, Okhmatovskiy, Ilya, Grosman, Anna and Doh, Jonathan (2021) The return of state capitalism? How the Covid-19 pandemic put the liberal market economies to the test. LSE Business Review (09 Mar 2021). Blog Entry.

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Abstract

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.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2021 The Authors
Divisions: LSE
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
Date Deposited: 26 Apr 2021 10:15
Last Modified: 28 Jun 2021 23:28
URI: http://eprints.lse.ac.uk/id/eprint/109971

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