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STATE CAPITALISM

STATE CAPITALISM. Makes Visible the otherwise Invisible Hand of the marketplace State capitalism is an economic system in which governments manipulate market outcomes for political purposes. Complicated sets of risks and potential rewards for lawmakers and investors.

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STATE CAPITALISM

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  1. STATE CAPITALISM • Makes Visible the otherwise Invisible Hand of the marketplace • State capitalism is an economic system in which governments manipulate market outcomes for political purposes. • Complicated sets of risks and potential rewards for lawmakers and investors. • Large-scale injection of politics into market processes will produce its own set of winners and losers. • State sets key decisions on how, when, and where assets will be valued and resources allocated. • Globalization is no longer the unchallenged international economic paradigm • Politics will have a profound impact on the performance of markets for many years to come.

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