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PUBLIC FINANCE Public Finance in China Reform and Growth

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PUBLIC FINANCE Public Finance in China Reform and Growth

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please go ahead fantastic um thank you so much and welcome everyone to this session entitled placing politics above economics how covet has led to a public finance paradigm shift my name is christian under i'm the chief economist at the center for european reform and today we will talk about well nothing less than the role of the state after this pandemic even before the pandemic um the there was a sense that the state may need to play a larger role we were faced with repeated economic crises the geopolitical environment was changing pitting western states against those that are not shy of using the full arsenal of state power for their political goals we had climate change the biggest market failure of mankind coming to the top of the agenda largely thanks to the young on the street and we had uh probable discontent uh within some countries uh on on what the liberal economic model was delivering or rather failing to deliver for them and then i think the pandemic brought home t

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