Government versus Markets: The Changing Economic Role of the State
Cambridge University Press, 5/16/2011
EAN 9781107096530, ISBN10: 1107096537
Hardcover, 390 pages, 22.8 x 15.2 x 2.6 cm
Language: English
Vito Tanzi offers a truly comprehensive treatment of the economic role of the state in the twentieth and twenty-first centuries from a historical and world perspective. The book addresses the fundamental question of what governments should do, or have attempted to do, in economic activities in past and recent periods. It also speculates on what they are likely or may be forced to do in future years. The investigation assembles a large set of statistical information that should prove useful to policy-makers and scholars in the perennial discussion of government's optimal economic roles. It will become an essential reference work on the analytical borders between the market and the state, and on what a reasonable 'exit strategy' from the current fiscal crises should be.
Preface
Part I. Economic Role of State
1. General introduction and main issues
Part II. Historical Review
2. The role of the state in the pre World War Two period
3. Forces that changed the role of the state
4. Growth of public spending in the 20th century
5. The role of the state in social protection
historical landmarks
6. Globalization and public spending
Part III. Theoretical and Analytical Issues
7. Theories of public sector behavior
taxonomy of government types
8. Voluntary exchange and public choice theories
9. The Nord European economic theory of fiscal policy
10. Policy tools and government roles
Part IV. The Outcome of State Intervention
11. Evaluating the impact of public spending on socio-economic indicators
12. Social protection in the modern world
quantitative aspects
13. The role of the state and economic performance in the Nordic countries
Part V. Reflections on The Role of the State in the Future
14. The economic role of the state in the future
concluding observations.