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.