Is a strong state a prerequisite or an obstacle to economic growth?
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DOI: 10.23977/GEBM2020.019
Corresponding Author
Kaifeng Li
ABSTRACT
This essay will analyze the effects of a strong state on the economy. To begin with, it will focus on the positive effect of a strong state in dealing with sudden crises. In addition, the ability of a strong state to make consistent policies in directing an economy had also contributed to the economic growth. Then this essay will discuss the negative influence that a strong state had on economy—— the sacrificial of the economic growth to support other aspects like military.
KEYWORDS
Strong state, economic growth, crises, consistent policies, military expense