Public Policy and Economic Policy: A Theoretical-Conceptual Discussion

Abstract

The study of public policies as an issue of academic interest, which is manifested at a time when the state imposes its interventor character because of the Great Depression of 1929. This paper aims to establish a theoreticalconceptual discussion between public policies and an economic policy. It was used a documentary review as methodology. The focus of public policies and an economic policy is the product of the boom of the intervening State. An economic policy, as a public policy, is a normative, empirical and social discipline dedicated to the study of the criteria, ends, means and doctrines that governments use to intervene in the economic reality of a country. In conclusion, the discussion about which collective decision mechanism is most appropriate: the State or the market, is the real core in the evolution of the approach of public policies, and in particular, of an economic policy.