The book explores the evolving function of government finance throughout the twentieth century, highlighting key shifts in policies, economic theories, and the impact of historical events on fiscal strategies. It delves into how government interventions have shaped economic landscapes and addresses the implications of these changes for modern governance and public finance. Through analysis and case studies, it offers insights into the complexities of government roles in financial management and economic stability.
Focusing on Argentina's economic landscape, this updated edition chronicles the significant developments from 2002 to 2017, following the aftermath of the debt default. It examines the impact of three different administrations on the country's recovery and ongoing challenges. The narrative is presented in accessible language, making complex economic issues understandable while providing insight into the political and economic dynamics that shaped this transformative period.
The book explores how inflation affects income taxes, emphasizing its role in redistributing the tax burden among different taxpayers. It delves into the complexities of tax policy and the implications of inflation on fiscal equity, highlighting the challenges faced by both individuals and the government in managing tax responsibilities amidst rising prices. Through detailed analysis, it sheds light on the broader economic consequences of inflation on taxation systems.
Exploring the economic role of the state in the twentieth and twenty-first centuries, this book offers a thorough historical and global analysis. It delves into the evolution of state involvement in economies, examining various political and economic systems across different regions. By highlighting key events and policies, it provides insights into how government actions have shaped economic landscapes and influenced societal outcomes over time.
Dr. Vito Tanzi shares his insights gained over four decades of travel to Latin America as an economist for the International Monetary Fund and other organizations. His experiences encompass not only the region's economic and political evolution but also a deep appreciation for its rich culture, history, and beauty. Through his observations, he offers a unique perspective that blends professional analysis with personal reflections on the vibrant life of Latin America.
Part I. Changes in the Economic Role of the State in the Twentieth Century: 1.
The age of laissez faire; 2. The role of the state between the world wars; 3.
The coming of the welfare state; 4. When economists thought they had found
Nirvana: welfare policies; 5. When economists thought they had found Nirvana:
stabilization policies; 6. Barbarians at the gates: challenges to Nirvana; 7.
General rules to guide governments; 8. Giving more freedom to markets; 9. A
minimum economic role of the state?; 10. Implications of excessive government
withdrawal; Part II. Complexity and the Rise of Termites: 11. The growth of
termites; 12. Termites in regulations; 13. An inventory of policy tools; 14. A
closer look at regulations; 15. Modernity and growing market termites; 16. The
allocation role in modern economies; 17. Public goods and intellectual
property; 18. The state and its economic objectives and institutions; 19. The
state and the distribution of income; 20. Market operations and income
distribution; 21. Poverty, inequality and government policy; 22. Market
manipulations and economic outcomes; 23. Termites in the stabilization role;
24. Modern government role and constitutional guidelines; 25. The quality of
the public sector and the legal framework; 26. The quality of public
institutions; Part III. Equity and Inequality: 27. Wealth creation and
government role; 28. Recent concerns about inequality; 29. How should
governments intervene?; 30. Intellectual property and income distribution; 31.
Historical background on intellectual property; 32. Tax rates, tax structures
and tax avoidance; 33. Summing up of past developments; 34. Why worry about
income distribution?; References; Index.
The book is written in a style that should be accessible to most readers from
different intellectual disciplines, while still retaining a high intellectual
rigor. It discusses areas not covered by similar books and provides a novel
interpretation of developments in the past fifty years.
"Dopo il miracolo economico che in circa 30 anni cambio' l'Italia da paese povero a paese ricco dopo la Guerra, il tasso di crescita dell'economia italiana comincio' a ridursi, negli anni settanta, e si ridusse gradualmente ma continuamente fino al nuovo secolo.Negli anni piu recenti non solo l'economia non e' cresciuta ma, a causa della crisi economica, il reddito medio degli italiani ed il PIL dell'Italia sono scesi al di sotto dei livelli raggiunto prima della crisi. Questi cambiamenti di "performance" non accadono per caso. Sono spesso causati da politiche sbagliate e da attitudini e fenomeni culturali che non aiutano la crescita. Dalla prospettiva di 40 anni di osservazioni intime l'autore descrive in un modo non tecnico politiche ed attitudini che hanno contribuito a questo declino." " Vito Tanzi ottenne il Ph.D in economia dalla Universita' di Harvard. E' stato professore di economia (1964- 1974); Capo della Divisione di Politica Fiscale (1974-81) e Direttore del Dipartimento di Finanza Pubblica (1981-2000) al Fondo Monetario Internazionale; Presidente dell' International Institute of Public Finance (1990-94); e Sottosegretario all'Economia e Finanze, nel Governo Italiano (2001-2003). E' stato consulente alle Nazioni Unite, la Banca Mondiale, la Banca Centrale Europea, la Commissione Europea, e la Banca Inter-Americana per lo Sviluppo. Ha ricevuto cinque lauree honoris causa ed e' autore di una ventina di libri e centinaia di articoli in riviste economiche."
