The relationship between state and the market is one of the most fundamental issues in political economy. At some point in history, the world's economically advanced powers claimed that their economic progress was due to the market's self-regulatory mechanism and the government's non-interference in the economy, and advised other countries that if they wanted to become industrialized, they should Leave it to the market mechanism. But a review of the history of the industrialized nations themselves, or countries that have made economic progress in the new era, shows that the government has never left the management of economy in these countries to the market mechanism and has played a protective role in various ways. The theory of smart protectionism, proposed in this paper as a model for the complex relationship between state and the market, has been developed based on the experience of developed countries. In this theory, the government has the role of supporter, guide and supervisor, and according to the general economic conditions or the specific condition of an industry, establishes a due relationship with the market forces.
Jebraily, S. Y. (2017). Smart Protectionism and Economic Development: A Dynamic Model for State-Market Relationship. Economic Strategy, 6(23), 139-168.
MLA
Seyed Yasser Jebraily. "Smart Protectionism and Economic Development: A Dynamic Model for State-Market Relationship". Economic Strategy, 6, 23, 2017, 139-168.
HARVARD
Jebraily, S. Y. (2017). 'Smart Protectionism and Economic Development: A Dynamic Model for State-Market Relationship', Economic Strategy, 6(23), pp. 139-168.
VANCOUVER
Jebraily, S. Y. Smart Protectionism and Economic Development: A Dynamic Model for State-Market Relationship. Economic Strategy, 2017; 6(23): 139-168.
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