By Vito Tanzi
ISBN-10: 1107096537
ISBN-13: 9781107096530
Vito Tanzi bargains a very accomplished therapy on hand of the industrial function of the kingdom within the 20th and twenty-first centuries from a ancient and global point of view. The publication addresses the basic query of what governments may still do, or have tried to do, in fiscal actions in previous and up to date sessions. It additionally speculates on what they're most probably or can be pressured to do in years to come. even supposing different contemporary titles in economics take care of normative theories, public selection theories, welfare nation research, social safeguard, etc, no different publication has a similar breadth or intensity in particular at the state's doable fiscal function. the writer occupies a special place in international public finance, having served for almost 3 a long time as a number one monetary administrator for the foreign financial Fund, monetary adviser to eighty international locations, and lively monetary theorist. The research assembles a wide set of statistical details that are supposed to turn out priceless to policy-makers and students within the perennial dialogue of government's optimum fiscal roles. it's going to turn into a vital reference paintings at the analytical borders among the industry and the nation, and on what an affordable "exit approach" from the present financial crises will be.
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Extra info for Government versus Markets: The Changing Economic Role of the State
Sample text
Musgrave, Richard. 1959. The Theory of Public Finance (New York: McGraw-Hill). 34 General Introduction and Main Issues Myrdal, Gunnar. 1954. : Harvard University Press). Originally published in Swedish in 1929. Nozick, Robert. 1974. Anarchy, State and Utopia (New York: Basic Books). OECD. 1985. Social Expenditure, 1960–1990 (Paris: OECD). 2009. Taxing Wages (Paris: OECD). 2010. Revenue Statistics of OECD Countries (Paris: OECD). Pigou, Arthur. 1924. The Economics of Welfare. 2nd ed. (London: Macmillan).
Whether the anticipated new role will be possible and will be more efficient than the recent one, only time will tell. Whether market economies may survive might depend on whether the state will be capable of exercising that role. References Alesina, Alberto. 1998. : MIT Press). Alonso, Antonio, Ludger Schuknecht, and Vito Tanzi. 2005. ” Public Choice 123: 321–47. , and Joseph P. Ferrie. 1999. Southern Paternalism and the American Welfare State: Economics, Politics, and Institutions in the South, 1865–1965 (Cambridge: Cambridge University Press).
Lacey, A. R. 2001. Robert Nozick (Princeton: Princeton University Press). Lindert, Peter H. 2002. “What Drives Social Spending? 1780 to 2020,” in When Markets Fail: Social Policy and Economic Reform, edited by Ethan B. Kapstein and Branko Milanovic (New York: Russell Sage Foundation, 2002), pp. 185–214. , and Joel Slemrod, eds. 2006. Behavioural Public Finance (New York: Russell Sage Foundation). Mill, John Stuart. 2004. : Prometheus Books). Musgrave, Richard. 1959. The Theory of Public Finance (New York: McGraw-Hill).
Government versus Markets: The Changing Economic Role of the State by Vito Tanzi
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