do you think that an optimal level of government exists for an economy ?

Description

do you think that an optimal level of government exists for an economy ?

Here are some links that might be useful to you:

https://www.economicshelp.org/blog/151818/economics/pros-and-cons-of-government-intervention

https://www.economicshelp.org/blog/151818/economics/pros-and-cons-of-government-intervention
Pros and cons of government intervention – Economics Help
Government failure. Government failure is a term to describe how government intervention can cause its own problems. For example, the government may take decisions for short-term political consideration which lead to an inefficient outcome. For example, government tariffs to protect domestic industry spark off a trade war, where the …

https://www.cambridge.org/core/books/public-spending-and-the-role-of-the-state/optimal-size-of-government/0658A40B618633293059B97899DFF407

https://www.cambridge.org/core/books/public-spending-and-the-role-of-the-state/optimal-size-of-government/0658A40B618633293059B97899DFF407
6 – The ‘Optimal’ Size of Government – Cambridge University Press …
A pragmatic ‘optimum’ for the size of government, something that is realistic and reachable, is normally not more than 30-35% or perhaps 40% of GDP. This is the spending ratio of top-scoring countries, such as Switzerland and Australia, and they do well on their core tasks. Ireland and Singapore do so with even lower spending.

https://www.economicshelp.org / blog / 5735 / economics / should-the-government-intervene-in-the-economy

https://www.economicshelp.org / blog / 5735 / economics / should-the-government-intervene-in-the-economy
Should the government intervene in the economy? – Economics Help
Free market economists argue that government intervention should be strictly limited as government intervention tends to cause an inefficient allocation of resources. However, others argue there is a strong case for government intervention in different fields, such as externalities, public goods and monopoly power. This is a summary of whether …

https://www.fraserinstitute.org/article/does-the-size-of-government-affect-economic-performance-absolutely

https://www.fraserinstitute.org/article/does-the-size-of-government-affect-economic-performance-absolutely
Does the size of government affect economic performance? Absolutely …
The size of the public sector is important to economic performance because via its taxing, expenditure and regulatory functions, the public sector can affect resource allocation and economic growth. The classic relationship is the so-called Scully Curve, which presents a hump-shaped relationship between economic growth and size with …

https://journals.sagepub.com/doi/full/10.1177/2158244019877200

https://journals.sagepub.com/doi/full/10.1177/2158244019877200
Government Size and Economic Growth: A Review of International …
The relationship between government size and economic growth has been a topic of discussion more than a century ago, when Wagner (1883/1958) came up with Wagner’s Law, which places importance on economic growth as a driver of government size.Recent decades have seen the escalation of this debate as increased size and low economic growth rates have become a prominent feature of …

https://insights.som.yale.edu/insights/is-government-the-key-to-prosperity

https://insights.som.yale.edu/insights/is-government-the-key-to-prosperity
Is Government the Key to Prosperity? | Yale Insights
The mixed economy is the effective combination of government authority and private markets. Both capitalism and government power predated the mixed economy, but in the late 19th century, we first saw them joined in a way that led to broad prosperity. It emerged when the U.S. and other rich countries began using to invest in public …

https://sgp.fas.org/crs/misc/RL32162.pdf

https://sgp.fas.org/crs/misc/RL32162.pdf
PDF The Size and Role of Government: Economic Issues
Government activity affects the economy in four ways: The government produces goods and services, including roads and national defense. Less than half of federal spending is devoted to the production of goods and services. The government transfers income through both the tax system and outlays.

https://open.lib.umn.edu/principleseconomics/chapter/15-1-the-role-of-government-in-a-market-economy

https://open.lib.umn.edu/principleseconomics/chapter/15-1-the-role-of-government-in-a-market-economy
15.1 The Role of Government in a Market Economy
A budget surplus occurs if a government’s revenues exceed its expenditures, while a budget deficit exists if government expenditures exceed revenues. Prior to 1980, revenues roughly matched expenditures for the public sector as a whole, except during World War II. But expenditures remained consistently higher than revenues between 1980 and 1996.

https://www.britannica.com/money/government-economic-policy

https://www.britannica.com/money/government-economic-policy
Government economic policy | Definition, Objectives, Examples …
government economic policy, measures by which a government attempts to influence the economy. The national budget generally reflects the economic policy of a government, and it is partly through the budget that the government exercises its three principal methods of establishing control: the allocative function, the stabilization function, and …

https://socialsci.libretexts.org/Bookshelves/Economics/Principles_of_Macroeconomics_(LibreTexts)/12:_Government_and_Fiscal_Policy/12.2:_The_Use_of_Fiscal_Policy_to_Stabilize_the_Economy

https://socialsci.libretexts.org/Bookshelves/Economics/Principles_of_Macroeconomics_(LibreTexts)/12:_Government_and_Fiscal_Policy/12.2:_The_Use_of_Fiscal_Policy_to_Stabilize_the_Economy
12.2: The Use of Fiscal Policy to Stabilize the Economy
The equilibrium level of real GDP rises to $12,300 billion, and the price level rises to P2. Figure 27.10 An Increase in Government Purchases The economy shown here is initially in equilibrium at a real GDP of $12,000 billion and a price level of P1. An increase of $200 billion in the level of government purchases (Δ G) shifts the aggregate …
lesoutrali bot