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Peter Bofinger
Universität Würzburg
Source: WEF, Global competitiveness report 2010
100
90
80
70
60
50
Gegenwart
40
Zukunft
30
20
10
0
Source: OECD Factbook 2010
0.28
0.27
0.26
0.25
0.24
0.23
0.22
0.21
Gini-Coefficient mid-2000s. Source: OECD Factbook
12.0
10.0
8.0
6.0
4.0
2.0
0.0
-2.0
-4.0
-6.0
Fiscal balance in % of GDP (2010). Source: OECD
60.0
50.0
40.0
30.0
20.0
10.0
0.0
Norway
Denmark
Sweden
Finland
Belgium
France
Austria
Italy
Netherlands Euro area
Share of households and government consumption in GDP
100
government
90
households
17
80
15,7
19,6
21,1
19,7
23
18,4
17,9
17,9
22,3
26
60
18,3
21,5
25,5
25,3
16
50
40
71,9
69,8
65,6
30
63,8
58,7
56,7
57,4
56,7
56,6
51
48,6
53,1
50,5
46,7
46,8
46,3
20
10
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0
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In Percentage of GDP
70


Uninformed political scientists and
socialogists proclaiming the „end of the
nation state“
Ideologically biased economists favoring slim
states


Commandment IV: You shall focus on fiscal
consolidation tools that are conducive to
strong potential growth.
This will require a bias towards (current)
spending cuts, as spending ratios are high in
advanced countries and require highly
distortionary tax levels
Source:http://blog-imfdirect.imf.org/2010/06/24/ten-commandments-for-fiscaladjustment-in-advanced-economies/:
0.0
-2.0
-4.0
-6.0
-8.0
-10.0
-12.0
-14.0
Iceland
Slovak
Republic
Poland
Portugal
Japan
France
Greece
Spain
United
United
States
Kingdom
Ireland
45.0
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
50 %
45 %
40 %
35 %
30 %
25 %
20 %
15 %
Government
Politicians
10 %
5%
0%
Percentage of people who have a great deal or quite a lot of trust in government or politicians
http://www.rdtrustedbrands.com/trusted-brands/about.shtml