A Modern Guide to State Intervention
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A Modern Guide to State Intervention

Economic Policies for Growth and Sustainability

Edited by Nikolaos Karagiannis and John E. King

A Modern Guide to State Intervention investigates the impact of the changing role of the state, offering an alternative political economy for the third decade of the twenty-first century. Building on important factors including history, the role of institutions, society and economic structures, this Modern Guide considers economic and administrative interventions towards changing the destabilized status quo of modern societies.
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Chapter 2: State and public sector: key economic and politico-institutional aspects of modern intervention

Nikolaos Karagiannis, Zagros Madjd-Sadjadi and Joanna Bens


Karagiannis, Madjd-Sadjadi and Bens provide an overview of the state and its various functions, and discuss the changing role of government during the ‘era of change’. The authors critically examine the developmental state argument and offer important economic and politico-institutional aspects of what they believe to be desirable modern policy intervention.

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