- Volume 7 (2008), Issue 4
- Vol. 7 (2008), No. 4
- >
- Page 25
- p. 25
Sensitivity of Sectors and the Need of State Aid Reforms in Economies in Transition
The state is the worst entrepreneur. This judgment was pronounced by Jean-Baptiste Say more than two hundred years ago, in those happy times when no one had heard about a planned economy. His observation could be the motto of some current considerations about post-planned economies in transition, especially, those considerations about State aid practices. The current financial crises does not challenge Say’s opinion. It only confirms that if the utopi