The Role of the State in Economic Transition and Growth: A Survey

Abstract

The purpose of this paper is to survey arguments about the role of government in transition and to put them in order from the viewpoint of economic growth. The remark can be summarized to three points below. 1) While the governments of transition countries need to advance many policies, the room for a further examination about the speed of marketization is suggested by some persons. 2) The thoroughness in rule of law and prevention of corruption are requested to reserve their capability of policy execution. 3) The possibility that the democratization assures continuous growth is suggested by many papers.