The Evolution and Reference of Contemporary Western Government Economic Theory

Author: Wang Hongling
Publisher:
Publish Date: 2003-05-01
Features: This book takes the debate between "government intervention" and "free enterprise" as its main thread, employing a combination of "comprehensive and horizontal" methods to introduce and review in detail the views of Western economists and various schools on government intervention and government functions since the modern era. It particularly focuses on systematically explaining and thoroughly analyzing the development of Western government theory since the 1990s (including theories of government functions, government behavior, and government regulation, etc.) and the current practices of government economic intervention. Based on this foundation, the book provides an in-depth analysis of market failures and government failures. Building on this, the book conducts meticulous empirical research and theoretical analysis of government intervention in China, combining with China's economic system reform practices, to redefine the economic role of the government and clearly propose the development direction of improving market mechanisms and transforming government functions.