Month: April 2012

Does Europe’s crisis have the potential to derail the Australian economy? How can the European crisis spread to Australia? And are there opportunities for Australia amid the European catastrophe?

Readers do not have to agree with every single prediction or assessment in Tanzi’s book, and may even miss a more clearly spelt out recipe of how to reduce government to the smaller size that the author deems sufficient to fulfil the functions of a modern state. But Tanzi’s well-written, thoughtful and thought-provoking book will leave readers better informed and better able to engage in debates about the future role of the state in the economy.