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Category Archives: PF Journal Articles

Beyond market failures: the market creating and shaping roles of state investment banks

Beyond market failures: the market creating and shaping roles of state investment banks

Mazzucato M., Penna C. (2016) “Beyond market failures: the market creating and shaping roles of state investment banks”, Journal of Economic Policy Reform, Volume 19, 2016 – Issue 4 The paper develops a typological framework of the roles of state investment banks (SIBs) in the economy. The typology identifies four different roles: countercyclical; developmental; venture… more