Government Intervention in the Economy

In the article, based on the consideration of various approaches to the concept of "state", its current significance is determined, the dual role of the state as a regulator of economic processes is revealed, with its inherent problem of distinguishing the functions of management and regulation from the functions of economic management. The implementation of the economic function, as reflected in the work, is largely associated with the imperfection of the state, its inability to ensure the allocation of resources. The negative consequences of state intervention in the economy are determined, both in setting strategic goals and in executing decisions due to the low efficiency of the actions of the state bureaucracy. The importance of institutional transformations that promote economic development, taking into account the determinants of culture and trust, with the decisive influence of civil society, is substantiated.