The Changing Role of the State in the Economy: A Historical Perspective

28 Pages Posted: 15 Feb 2006

See all articles by Vito Tanzi

Vito Tanzi

International Monetary Fund (IMF); National Bureau of Economic Research (NBER)

Date Written: September 1997

Abstract

This paper discusses the role of the state from a historical perspective. It outlines how that role has changed over the past hundred years and discusses the forces that have promoted the changes. In the period between 1913 and 1980, there was a large increase in public spending in industrial countries and a considerable expansion in the role of the government in the economy in all countries. The paper also outlines the intellectual developments that, starting in the 1970s, have brought about a reaction to the large role that the state has come to play in the economy.

JEL Classification: B1, H1, H5, L5, N4, 023

Suggested Citation

Tanzi, Vito, The Changing Role of the State in the Economy: A Historical Perspective (September 1997). IMF Working Paper No. 97/114, Available at SSRN: https://ssrn.com/abstract=882647

Vito Tanzi (Contact Author)

International Monetary Fund (IMF) ( email )

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National Bureau of Economic Research (NBER)

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