The paper offers a new view of the role of state based on recognition of the economic ability of the state as a separate factor of production. This approach gives indirect taxes the status of factor income as state profit. If we were to apply the mechanism of producing and purchasing private...

1. Economic liberalization and the performance of public sector enterprises in India / Sunil Mani -- 2. The Chinese state, state enterprises, and the global crisis / Kee-Cheok Cheong, Li Ran, and Zhang Miao -- 3. The creative role of the state and entrepreneurship : the case of Taiwan / Michelle...