THE ROLE OF THE STATE IN THE ECONOMY OF CHINA AND SOUTH KOREA: A COMPARATIVE ASSESSMENT

Panchina Yuliya Sergeevna
National Research Ogarev Mordovia State University
graduate student

Abstract
The article analyzes the modern role of the state in the economy, dependence between extent of intervention of the state and level of economic development of the country on the example of China and South Korea. Characterized role of the state through the Index of Economic Freedom and the Fragile States Index, considered the method of calculation of these indexes.

Keywords: economic development, Failed States Index, Fragile States Index, Index of Economic Freedom, role of the state


Category: 08.00.00 Economics

Article reference:
The role of the state in the economy of China and South Korea: a comparative assessment // Modern scientific researches and innovations. 2016. № 10 [Electronic journal]. URL: https://web.snauka.ru/en/issues/2016/10/72689

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