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Government Role and the Efficiency of Policy Instruments

  • Vito Tanzi

Abstract

For the past decade, a raging debate has been going on about the role that the public sector should play in the contemporary world. The collapse of the centrally planned economies and the real, or alleged, failures of the welfare state in mixed economies have brought about an in-depth reevaluation of that role in an environment that is much more pro-market than was the case in recent decades. As this and other recent economic conferences confirm, perhaps, at no other time has so much attention been paid, by economists, political scientists and policy-makers, to what the government should do.

Keywords

Central Bank Public Choice Policy Instrument Public Spending Rent Control 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 1998

Authors and Affiliations

  • Vito Tanzi

There are no affiliations available

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