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- W2047664080 abstract "The expansion of the State-as-insurer has played a major role in the long-term growth of the public sector, but we are probably reaching the turning point. Because of its manifold failures, the State-as-insurer is facing crisis all around the world, with exploding expenditures. This will probably induce a shift in the private–public frontier, which makes it much more important than in the past to regulate the insurance industry efficiently. Coming back to the failures of the State-as-insurer, we should underline the role played by this flawed hypothesis that sets market logic and private interest against public interest." @default.
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- W2047664080 date "2008-01-01" @default.
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- W2047664080 title "Insurance market mechanisms and government interventions" @default.
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- W2047664080 doi "https://doi.org/10.1016/j.jbankfin.2007.09.007" @default.
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