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.
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