Redefining
the role of
the state
REDEFINING
THE ROLE OF
THE STATE
For decades, there was a consensus that reducing the role of the state and cutting public debt would generate wealth. This contributed to a chronic underinvestment in education and public infrastructure. New research focuses on establishing when and how governments need to intervene to better contribute to long-term prosperity and to stabilize rather than aggravate economic fluctuations.
LATEST NEWS
Good money - A question of political will? With Philippa Sigl-Glöckner and Stefan Kolev
KNOWLEDGE BASE
REDEFINING
THE ROLE OF
THE STATE
The Challenge
Decaying infrastructure and a lack of investment in education and innovation expose the weaknesses of an overly market-driven paradigm.
What went wrong
Reducing the role of the state in the economy was seen as the best way to ensure high levels of growth.
New Economy in Progress
The challenges of our time require us to rethink the role of the state and the need for a more active fiscal policy.
5 POSSIBLE WAYS THAT ARE DISCUSSED TO REDEFINE THE ROLE OF THE STATE
THE STEEP DECLINE IN NET PUBLIC INVESTMENT
Good money - A question of political will? With Philippa Sigl-Glöckner and Stefan Kolev
The Adventures of Money
A new article on contemporary monetary questions based on two recent books on the nature and the history of money.
Concerted Action - Preventing the Wage-Price Spiral? Short Cut Highlights
Chancellor Olaf Scholz has announced that he will bring together employers and unions in a "Concerted Action" to discuss tackling inflation. Can such an alliance prevent a wage-price spiral?