Government versus Markets: The Changing Economic Role of the State

NOTE: This event took place November 14, 2011. The 69-minute WMV video linked above is an archive of the live streamed event. Clicking the image will launch your Windows Media Player application.

With continued market turbulence and mounting fiscal burdens as a backdrop, countries everywhere are struggling to rethink the balance between the role of the state and markets in the economy. Vito Tanzi offers fresh perspectives on this vital issue in his new book, which provides the first comprehensive global analysis of the economic role of the state in the twentieth and twenty-first centuries. What have governments tried to do, why and with what success?  Given that experience, what should they try to do? And, given present circumstances, what are they likely to or may be forced to do in coming years?

GUEST
Vito Tanzi  
Distinguished Economist, Former Director, IMF Fiscal Affairs Department
Former State Undersecretary, Ministry of Economy and Finance, Italy 

CHAIR
Otaviano  Canuto
Vice President and Head of Network, Poverty Reduction and Economic Management Network, World Bank