Government Finance

    Government response to global financial crisis has threatened to crowd out the other important social functions of government the world over. Economic and social development require restoration of governments' ability to effectively tax and borrow within capital markets.

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    Beyond Market Failures The Market Creating and Shaping Roles of State Investment Banks

    Recent work has highlighted the need for innovation investments to be understood through a mission oriented approach rather than a market failure one (Foray et al. 2012). However, this work has only focused on state agencies, such as DARPA, overlooking the role of public financial institutions such as state investment banks. Read more

    What Kind of Brexit, What Kind of European Union?

    Feb 9, 2017 | 04:00—05:30

    States and Markets

    India's Economic Challenges

    A discussion with Kaushik Basu, Professor of Economics and the C. Marks Professor of International Studies at Cornell University and former Senior Vice President and Chief Economist of the World Bank.  Read more