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Title:
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The global financial crisis : does the state matter?.
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Author:
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Le, Nhina Thi Minh Huong.
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Copyright year:
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2008 |
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Abstract:
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As evident from the current global financial crisis, state intervention in market dynamics is desirable, thous not as inevitable as it is in hard security issues. A free-market system is not as free as it is commonly perceived. When markets fail, the state must step in to restore confidence and order. |
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Subject:
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DRNTU::Social sciences::Economic development. |
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Type:
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Commentary |
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Series/ Journal Title:
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RSIS Commentaries ; 105/08 |
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School:
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S. Rajaratnam School of International Studies |
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Version:
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Accepted version |