The notion of state in economic theory: problem of definition

TERRA ECONOMICUS, , Vol. 10 (no. 4.1),
p. 70-75

The article is dedicated to the problem of definition of the state notion. Here is the authors vision of the state as an abstract notion, that describes specific governmental relations, formatted in a result of a long evolution process. The special attention is attracted to the motivations of politicians and bureaucrats, that reflect adopted in the society rules of receiving, keeping and realization of the power and has a direct influence on the development of economy.

Keywords: state; authority; political-business cycle; bureaucracy; political markets
Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606