TY - CHAP
T1 - The Secondary Economic Sector’s Role in Post-pandemic Recovery
T2 - Analysis in the Neoliberal Capitalism Context
AU - Reyes, José Anselmo Pérez
AU - Rajagopal, Ananya
N1 - Publisher Copyright:
© 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.
PY - 2022/1/1
Y1 - 2022/1/1
N2 - In the context of systemic crisis exacerbated by the COVID-19 pandemic, origin of which is implicit in the instrumental rationality of the neoliberal economy, this research proposes a conceptual approach explaining the decisions toward economic recovery adopted by governments. This study analyzes the institutional arrangements that characterize the secondary economic sector aimed at confronting the existing relationship between economic development and economic growth. Therefore, this research is based on the economic actions that characterize current public policies; it argues that government intervention distorts the prices of products and services which are necessary to achieve a balanced economic growth. Such policies include government investment programs that stimulate the economy and invigorate the market through resource mobility as a result of fiscal stimuli or public debt, postulates of which are located in the Keynesian economic model.
AB - In the context of systemic crisis exacerbated by the COVID-19 pandemic, origin of which is implicit in the instrumental rationality of the neoliberal economy, this research proposes a conceptual approach explaining the decisions toward economic recovery adopted by governments. This study analyzes the institutional arrangements that characterize the secondary economic sector aimed at confronting the existing relationship between economic development and economic growth. Therefore, this research is based on the economic actions that characterize current public policies; it argues that government intervention distorts the prices of products and services which are necessary to achieve a balanced economic growth. Such policies include government investment programs that stimulate the economy and invigorate the market through resource mobility as a result of fiscal stimuli or public debt, postulates of which are located in the Keynesian economic model.
UR - http://www.scopus.com/inward/record.url?scp=85123988366&partnerID=8YFLogxK
U2 - 10.1007/978-3-030-91532-2_2
DO - 10.1007/978-3-030-91532-2_2
M3 - Capítulo
AN - SCOPUS:85123988366
T3 - Palgrave Studies in Democracy, Innovation and Entrepreneurship for Growth
SP - 7
EP - 22
BT - Palgrave Studies in Democracy, Innovation and Entrepreneurship for Growth
PB - Palgrave Macmillan
ER -