文章基本信息

标题：The key theoretical and practical aspects of the state failures in the contemporary economy
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作者：Dragan Petrovic
期刊名称：Economic Horizons
印刷版ISSN：1450-863X
电子版ISSN：2217-9232
出版年度：2013
卷号：15
期号：2
页码：153-165
DOI：10.5937/ekonhor1302149P
出版社：University of Kragujevac
摘要：The subject of this paper is to analyze the evolution of approaches to the problem of the "state failure". This phenomenon arose from the concept of "market failures", which in economic theory can be seen in the context of searching for new strategies of the political and economic mechanisms of resource allocation. In this regard, special attention will be focused on the identification of the components of the institutional impact on the efficiency of economic processes, which first involves a general review of the role of the state in the economy. A multidisciplinary approach to the study of such a complex issue requires, among other things, that all information problems in the analysis of the economic functions of the public sector be taken into consideration, that the possibilities of financing public policy measures be appreciated, that the role and influence of the political process and the rent-oriented behavior of public officials be adequately evaluated, and ultimately that an attempt to identify the negative external effects caused by the absence, but also by the presence, of the state coordination in the economy be made
关键词：state failures; the theory of public choice; the mechanism of collective decision making; informational problems