MODERN ECONOMIC AND TRADE POLICY – THE ROLE OF GOVERNMENT IN LABOR MARKET POLICY

Abstract

Achieving and maintaining political and macroeconomic stability are the two most important roles of the state in economy. This is very important because it comes to the factors that generate high economic growth and rising living standards, with low, or sustainable, external indebtedness. In this paper we will discuss the necessity of state regulation and stimulation of keeping sustainable trade policy.

Keywords

• economic system
• state
• national economy
• market
• trade
• trade policy