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Managing the risks of rising government support: a case for policy transparency
Ken Ash is an Independent Consultant, IIT Visiting Fellow, and former OECD Director of Trade and Agriculture.
Governments generally support the smooth functioning of their domestic economies, through maintaining systems of good governance and the rule of law and ensuring a coherent macroeconomic and structural policy environment. Extraordinary support is sometimes also warranted, as is the case today to mitigate the economic impact of COVID-19. Few would dispute that these are essential roles for governments.
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