The role of the State

Author(s): Dalrymple, Kelvin; Worrell, DeLisle; Zephirin; Mary G (1992)

Created 20 Jul, 1992
Categories Working Papers
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This essay examines the role of the Barbadian state from the views that it has grown too large and that private response and interaction are more conducive to efficient production than is government dictum. It examines what economic theory has to say about the comparative advantage of the market and examines economic analyses of the Barbadian state. It discusses how the regulatory aspect of the state's role has worked in Barbados and examines the budgetary issue. (Prepared for presentation at the Research Department's Annual Review Seminar, August 13 & 14, 1992.)

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