The state as economic agent, regulator, developer has gained increasing attention during the last decade. The process was further accelerated during the financial and economic crisis of 2007-9. Reforms of the welfare state, direct state intervention in the form of nationalizations and other...

Topics of the 2011 meeting include: 1) Public debt and the process of fiscal rebalancing: - Sustainability considerations of public debt - Debt consolidation in times of recessions 2) Fiscal Policy in a Globalized World - Relation of fiscal debt and external debt - The role of foreign currency...