Media Development: Government's Role?

What is your thinking on the appropriate role of government in media development: regulation, training, financing, creating public/community media space, policing for transparency, supporting media self-regulation... or staying out of the above? This is a space for discussion.

Here are links to a few blogs that represent opinions from various country settings:
Internet Rights in Ecuador: the possible triumph of activists

Mungu Fm 88.5MHZ - Second Chapter

Is anybody out there?

Kenyan Parliament Passes Retrogressive Media Bills