Article
Suyash Rai, Anirudh Burman
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Source: Getty
In The Media
The Emergence of a Different Order?
State-capital relations include direct, firm-specific interactions between the state and investors/firms, and indirect influences that shape the general conditions for raising and deployment of capital.
By Suyash Rai
Published on Oct 31, 2020
Source: Seminar
State-capital relations can be defined as the ways in which state action affects the cost of capital and the return on capital employed, which in turn determine the levels of private investment and entrepreneurship. State-capital relations, therefore, include direct, firm-specific interactions between the state and investors/firms, and indirect influences that shape the general conditions for raising and deployment of capital.
About the Author
Suyash Rai
Former Fellow, Carnegie India
Suyash Rai was a fellow at Carnegie India. His research focuses on the political economy of economic reforms, and the performance of public institutions in India.
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Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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