Policies, Institutions and the Dark Side of Economics

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 instrumentscorruption, rent seeking and governmental activitiesthe underground economy and its impact on the economytax evasion and the effect of globalization on tax systemsmoney laundering and the international financial systemfiscal deficits during the transitionthe dangers of fiscal decentralizationdeterminants of income distribution.