Publisher's Synopsis
This authoritative volume brings together Vito Tanzi's pioneering work on institutions and the influence of the behavior of government officials and economic agents on economic decision-making. It focuses on the 'dark side' of economics and the influence of institutions. Issues discussed include:
- public sector behavior and the efficiency of policy instruments
- corruption, rent seeking and governmental activities
- the underground economy and its impact on the economy
- tax evasion and the effect of globalization on tax systems
- money laundering and the international financial system
- fiscal deficits during the transition
- the dangers of fiscal decentralization
- determinants of income distribution.