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State Aid Policies in Response to the COVID-19 Shock: Observations and Guiding Principles

As a general principle, state aid to firms and sector-specific support schemes should be used only when there are market failures; that is, when there are good reasons to believe that the market would not deliver efficient and/or equitable outcomes.

Detalles Bibliográficos
Autores principales: Motta, Massimo, Peitz, Martin
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7385197/
https://www.ncbi.nlm.nih.gov/pubmed/32834097
http://dx.doi.org/10.1007/s10272-020-0902-4
Descripción
Sumario:As a general principle, state aid to firms and sector-specific support schemes should be used only when there are market failures; that is, when there are good reasons to believe that the market would not deliver efficient and/or equitable outcomes.