THE ROLE OF THE STATE IN THE ECONOMY: AN INSTITUTIONAL PERSPECTIVE

dc.contributor.authorUsmonov Murodbek Dusmurot o‘g‘li
dc.contributor.authorIlamonov Mehroj Akbar o’g’li
dc.contributor.authorQuvondiqov Orzumurod Dilmurod o’g’li
dc.contributor.authorJozilov Hasan O’tkir o’g’li
dc.date.accessioned2025-12-29T14:24:25Z
dc.date.issued2024-10-18
dc.description.abstractThis article explores the role of the state in the economy from an institutional perspective, focusing on how formal and informal institutions shape economic outcomes. It examines the state's involvement in creating and enforcing legal frameworks, protecting property rights, reducing transaction costs, and promoting economic development. Additionally, the paper discusses how institutional changes influence the state's role in addressing market failures, fostering economic stability, and ensuring equitable growth. Through an analysis of historical and contemporary cases, the article highlights the dynamic relationship between state institutions and economic performance, emphasizing the importance of institutional reforms in modern economies.
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dc.identifier.urihttps://webofjournals.com/index.php/1/article/view/1936
dc.identifier.urihttps://asianeducationindex.com/handle/123456789/21412
dc.language.isoeng
dc.publisherWeb of Journals Publishing
dc.relationhttps://webofjournals.com/index.php/1/article/view/1936/1915
dc.rightshttps://creativecommons.org/licenses/by-nc-nd/4.0
dc.sourceWeb of Teachers: Inderscience Research ; Vol. 2 No. 10 (2024): WOT; 125-131
dc.source2938-379X
dc.subjectstate intervention, institutional economics, property rights, transaction costs, market failures, economic development, institutional reforms, formal institutions, informal institutions, economic stability.
dc.titleTHE ROLE OF THE STATE IN THE ECONOMY: AN INSTITUTIONAL PERSPECTIVE
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion
dc.typePeer-reviewed Article

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