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From The Welfare State To The Minimal State

Author

Listed:
  • Mirela Minica
  • Suzana Demyen

Abstract

The present paper aims at illustrating aspects of the state's role in the economy and the manner in which the state can intervene in situations directly related to the effects of the economic crisis. We also highlight Romania’s ranking among the 27 EU countries and the overall situation of direct investments, imports and domestic exports. The first chapter presents issues argued by J.M. Keynes, i.e. the fact the state is required to be deeply involved in influencing the national economy, while chapter three depicts an overall image of the manner in which other countries have found the way to fight against its negative effects.

Suggested Citation

  • Mirela Minica & Suzana Demyen, 2011. "From The Welfare State To The Minimal State," Business&Leadership, Scientific Society of Management from Romania, vol. 1(7), pages 17-36, March.
    • Handle: RePEc:ssm:journl:tome:7:y:2011:i:1(7):p:17-36
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