Greeks queue for unemployment benefits in 2011

GIS Dossier: Return of the Daddy State

  • One of the avowed aims is to combat inequality of income and wealth
  • But big government creates its own inequalities of privileged access, or cronyism

The global financial crisis has created a new vogue for state intervention

GIS “Dossiers” aim to give our subscribers a quick overview of key topics, regions or conflicts based on a selection of our experts’ reports since 2011. This survey is devoted to accumulating pressures in developed countries, especially in Europe, to centralize economic and political decision-making – often in the name of security. While consolidation of power seems to be unavoidable as a response to global networks of trade, finance, communications and information, going down the path of centralization exacts an extremely high economic and political price.

The global financial crisis of 2008-2009 ushered in a period of slow growth and fiscal stress in the euro area. Inevitably, these economic hardships bred a political backlash, which took the form not only of populist movements against the mainstream parties, but also a revival of interventionist arguments for more direct government involvement in the economy.

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 GIS Feature
Even in areas where state oversight seems warranted, like cybersecurity, the role of big government is problematic
read more about it in the report
What's inside
  • One of the avowed aims is to combat inequality of income and wealth
  • But big government creates its own inequalities of privileged access, or cronyism
Who will benefit?
  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
  • Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.
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