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The Secondary Economic Sector’s Role in Post-pandemic Recovery: Analysis in the Neoliberal Capitalism Context (CAPÍTULO)

Autor/es Anáhuac
Ananya Rajagopal
Año de publicación
2022
Journal o Editorial
Palgrave Macmillan

Abstract
In the context of systemic crisis exacerbated by the COVID-19 pandemic, origin of which is implicit in the instrumental rationality of the neoliberal economy, this research proposes a conceptual approach explaining the decisions toward economic recovery adopted by governments. This study analyzes the institutional arrangements that characterize the secondary economic sector aimed at confronting the existing relationship between economic development and economic growth. Therefore, this research is based on the economic actions that characterize current public policies; it argues that government intervention distorts the prices of products and services which are necessary to achieve a balanced economic growth. Such policies include government investment programs that stimulate the economy and invigorate the market through resource mobility as a result of fiscal stimuli or public debt, postulates of which are located in the Keynesian economic model.