Balancing State Intervention

The Limits of Transatlantic Markets

Edited by Roger W. Benjamin, C. Richard Neu, Denise D. Quigley

Purchase Information

Order this book from

Despite the high degree of convergence and integration between Europe and the United States in the past, the threats created by recent pressures and circumstances require a reexamination of the relations between state and market in those nations. The evolution of the international system; the gradual erosion of state control over industrial change, public action, and political authority; and changes in American and European economic, political, technological, social, and demographic conditions have created a wide array of problems that render the current environment quite unrecognizable from that of the Cold War world. In Balancing State Intervention, distinguished European and American scholars and public officials discuss the social and cultural circumstances that create different roles for market forces in Europe and America. The authors make projections about how the role of the state in the market will be reshaped on both sides of the Atlantic in order to help policymakers anticipate and avoid points of friction.

This report is part of the RAND Corporation Commercial book series. Periodically, RAND Corporation researchers publish with commercial presses. These books are not available from RAND but can be requested directly from the publisher, except in cases where the rights have reverted to RAND and we have republished a new edition.

Our mission to help improve policy and decisionmaking through research and analysis is enabled through our core values of quality and objectivity and our unwavering commitment to the highest level of integrity and ethical behavior. To help ensure our research and analysis are rigorous, objective, and nonpartisan, we subject our research publications to a robust and exacting quality-assurance process; avoid both the appearance and reality of financial and other conflicts of interest through staff training, project screening, and a policy of mandatory disclosure; and pursue transparency in our research engagements through our commitment to the open publication of our research findings and recommendations, disclosure of the source of funding of published research, and policies to ensure intellectual independence. For more information, visit

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.