Policies, Institutions and the Dark Side of Economics
by Vito Tanzi, Vito L. Tanzi
Category: Business & Economics

From his two-decade position as Director of Fiscal Affairs Department of the International Monetary Fund, Tanzi casts light on the gap that exists between the economics found in textbooks and the one discussed at policy makers' meetings. The collection of 15 essays--some new, some previously published, and some significantly revised from earlier publication-- he shows how the outcome of tidy formulae becomes variable due to the role of the institutions responsible for implementing policy and the behavior of people working for the institutions. He explores the different ways of looking at the role of government and at the instruments it uses; phenomena such as corruption, tax evasion, money laundering, and the underground economy; and the role institutions play in economic policy. Annotation copyrighted by Book News, Inc., Portland, OR