State Aid Policies in Response to the COVID-19 Shock: Observations and Guiding Principles #MMPMID32834097
Motta M; Peitz M
Inter Econ 2020[]; 55 (4): 219-222 PMID32834097show ga
As a general principle, state aid to firms and sector-specific support schemes should be used only when there are market failures; that is, when there are good reasons to believe that the market would not deliver efficient and/or equitable outcomes.