Abstract
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.
Cite
CITATION STYLE
APA
Motta, M., & Peitz, M. (2020, July 1). State Aid Policies in Response to the COVID-19 Shock: Observations and Guiding Principles. Intereconomics. Springer Science and Business Media Deutschland GmbH. https://doi.org/10.1007/s10272-020-0902-4
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