public sector

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public sector

or

government sector

that part of the economy concerned with the transactions of the government. Government receives income from TAXATION and other receipts and influences the workings of the economy through its own spending and investment decisions ( GOVERNMENT EXPENDITURE) and through its control (via MONETARY POLICY and FISCAL POLICY) of the spending and investment decisions of other sectors of the economy. The public sector together with the PERSONAL SECTOR, FINANCIAL SECTOR, CORPORATE SECTOR and FOREIGN SECTOR make up the national economy. See CIRCULAR FLOW OF NATIONAL INCOME MODEL.

public sector

That portion of the economy consisting of the government and corporations owned by the government. Contrast with private sector.

References in periodicals archive ?
Any state intervention must focus on making use of the available space by affording economic incentives to entrepreneurs, it added.
One way is to combine sea water and fresh water in an African river basin, combining local water governance and state intervention.
The strike price at Hinkley Point for nuclear, which I fully support, is state intervention.
In fact, a number of jurisdictions have recognized that morbid obesity is a justification for state intervention (Mitgang, 2011).
BEIRUT, Aug 7 (KUNA) -- Families of the 11 Lebanese men who were abducted by armed Syrians, plan to escalate their protest for the lack of state intervention to release their family members.
CAMPAIGNERS yesterday renewed calls for State intervention to stop the demolition of the area around the 1916 Rising battlefield site.
Therefore, according to MAKAMTRANS, state intervention is necessary to maintain the competitiveness of the Macedonian companies in the transport of goods and passengers.
Is our expert elite unable to identify or propose spheres where the state intervention would be necessary in order for the country to get out from the magic circle of poverty and unemployment?
State intervention "ideally will support not just the child but the whole family, with the goal of reuniting child and family as soon as possible.
One camp in the debate favours state intervention to either write off these loans or at least provide a reprieve to the borrowers for one or two years.
In contrast, others viewed violence as a problem that could be solved by intensified state intervention, such as policing policies, increased reliance on incarceration, and the adoption of coercive "treatment" programs operated by the criminal legal system.

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