The Role of the Government in Private Governance Structures
U of St. Gallen, Economics Discussion Paper No. 2003-11
34 Pages Posted: 27 Jun 2003
Date Written: April 2003
Abstract
First, a brief sketch of the economic tasks government has to perform are given, before three issues are discussed in more detail: Public production, competition policy, and government interventions in Corporate Governance. These three issues are of particular political relevance in Switzerland, partly because the Swiss citizens clearly expressed in referenda that they prefer a larger role of the government in these areas than most economists recommend. Finally, we discuss two developments which have shifted the perspective by which the role of the government is viewed: The increasing internationalisation of economic policy and the role of intermediary institutions between the state and the market.
Keywords: Public Production, Competition Policy, Regulation, Corporate Governance
JEL Classification: H10
Suggested Citation: Suggested Citation
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