Czy pandemia COVID-19 zmieni spojrzenie na rolę państwa w gospodarce w warunkach kryzysu?
Will the COVID -19 pandemic change the outlook on the role of the state in the economy under crisis conditions?

Considerations against the background of previous experience of highly developed countries

Author(s): Oskar Urban
Subject(s): Politics, Economy, National Economy, Economic policy, Government/Political systems, Public Finances
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Poznaniu
Keywords: doktryny gospodarcze;kryzys ekonomiczny;rola państwa w gospodarce;pandemia Covid-19;
Summary/Abstract: Purpose: To answer the question of whether the COVID-19 pandemic will change the perspective on the role of the state in the economy under crisis conditions. Design/methodology/approach: A critical review of the literature on the role of the state in the economy, including its response to economic crises caused by various factors, was conducted. The achievements of various schools of economic thought were taken into account. The economic crises that occurred in the 20th century have been singled out. The most important actions taken by various states in the face of these crises are also presented. Findings: Views of the role of the state in the economy have been changing. The role of the state in the economy was viewed differently before the Great Depression of the 1930s and differently during it. There were clear disagreements about how the UK government responded to the crisis of the 1970s. Greater consensus on state interference in the economy was observed in response to the financial crisis that began in 2007. Countries with different political and economic systems reacted in a similar way to the crisis caused by the COVID-19 pandemic. Originality and value: The view of the role of the state in the economy is different depending on the values of the ruling party in a given country. The view also differs depending on the political system of the country and the prevailing (most popular) economic doctrine at a given time. Nevertheless, under conditions of economic crisis, the economic policy of states is characterized by increased intervention, regardless of the economic system in force in a given country. The reactions of governments to the crisis caused by the COVID-19 pandemic confirmed this observation.

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