Government Intervention

By Kate Lawrence

The classic, and contentious, Keynesian argument—whether or not intervention of government policies (and funds) aids in the security and success of markets—seems increasingly mute these days, as the international economic recession has motivated governments to pledge aid, fund stimulus packages, and rethink financial and tax programs for businesses across the board.

In the realm of shipping, the simultaneous economic and credit crises have had significant impact on the ability of certain registers to maintain their viability, calling in to question critical government policy changes as they pertain to industries with strong offshore and overseas bases

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