Government Role and the Efficiency of Policy Instruments

Vito Tanzi

No 1995/100, IMF Working Papers from International Monetary Fund

Abstract: Comparisons about the role of the government in an economy are usually made by reference to the share of tax revenue or of public expenditure in gross domestic product. However, governments often use other tools for pursuing their objectives. The paper discusses these other tools, shows the extent to which they can replace the traditional fiscal instruments, and assesses their quantitative importance. Various highly speculative hypotheses are advanced about the role of these other tools in countries at different levels of development.

Keywords: WP; government; country; government objective; government failure; government role; minimalist state; government goal; role of the government; reform of the State; Quasi-fiscal operations; Public sector; Eastern Europe (search for similar items in EconPapers)
Pages: 22
Date: 1995-10-01
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Citations: View citations in EconPapers (5)

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