Public finance is an important branch of economics. Over the years it has become more important, more controversial, and more complex. This book aims to highlight to both economists and policymakers the need for simplicity in policies and to inform students of public finance and public policy about this growing problem.
Public finance is an important branch of economics. Over the years it has become more important, more controversial, and more complex. This book aims to highlight to both economists and policymakers the need for simplicity in policies and to inform students of public finance and public policy about this growing problem.
Dr Vito Tanzi has a Harvard PhD in Economics, which he received in 1967. He was Professor of Economics at the American University (1967-76), Head of the Tax Policy Division at the IMF (1974-1981), President of the International Institute of Public Finance (1990- 1994) at the Commendatore della Repubblica Italiana, Director of the Fiscal Affairs Department at the IMF (1981-2000), and Undersecretary for Economy and Finance with the Italian Government (2001-2003). Dr Tanzi has been an independent research scholar since 2003. He has received five honorary degrees from universities in four countries and several other prizes. The economic effect 'The Tanzi effect' was named after him.
Inhaltsangabe
Part I: Historical Developments and the Growing Economic Role of the State 1: Introduction 2: Government Role and Public Spending: Historical Background 3: Hayek, Keynes, and the Economic Role of the State 4: From the Keynesian to the Supply-Side Revolution 5: Why the Positive and the Normative Roles of the State Differ? 6: The Political Economy of Fiscal Deficit Reductions 7: The Theory versus the Reality of Fiscal Policy Part II: On the Growth of Complexity in Policy 8: Complexity, Systemic Failure, and Public Policies 9: The Design of Social Policy and Welfare Systems 10: Complexity, Corruption, and Tax Evasion 11: The Elusive Harmony between Government and Market Roles 12: Issues with the Current Uneven Income Distributions 13: Complexity in Stabilization Policy
Part I: Historical Developments and the Growing Economic Role of the State 1: Introduction 2: Government Role and Public Spending: Historical Background 3: Hayek, Keynes, and the Economic Role of the State 4: From the Keynesian to the Supply-Side Revolution 5: Why the Positive and the Normative Roles of the State Differ? 6: The Political Economy of Fiscal Deficit Reductions 7: The Theory versus the Reality of Fiscal Policy Part II: On the Growth of Complexity in Policy 8: Complexity, Systemic Failure, and Public Policies 9: The Design of Social Policy and Welfare Systems 10: Complexity, Corruption, and Tax Evasion 11: The Elusive Harmony between Government and Market Roles 12: Issues with the Current Uneven Income Distributions 13: Complexity in Stabilization Policy
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