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Springer Texts in Business and Economics

The Macroeconomics of Corruption

Governance and Growth

Authors: Ivanya, Maksym, Mourmouras, Alex, Rangazas, Peter

  • Examines corruption through a macroeconomic lens, exploring the relationship between corruption, fiscal policy, and political economy
  • Applies models that analyze the causes and consequences of rising income inequality, long-term economic growth slowdowns and fiscal crises
  • Contains ancillary materials including a technical appendix, end-of-chapter questions and problems, and a complete solutions manual
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Buy this book

eBook $84.99
price for USA (gross)
  • ISBN 978-3-319-68666-0
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $109.00
price for USA
  • ISBN 978-3-319-68665-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this Textbook

This textbook examines corruption through a macroeconomic lens, exploring the relationship between corruption, fiscal policy, and political economy. The book merges macroeconomic growth models with elements of political economic theory to address important applied topics such as income inequality within and across countries, growth slowdowns, and fiscal crises. Most of the basic ideas are illustrated using a two-period model of government investment that captures the future cost of policies that favor the present (Chapters 2-3).  The more subtle and advanced issues are illustrated and, in some cases, quantified, using the overlapping-generations model of economic growth (Chapters 4-6). The models used to illustrate the mechanisms of economic growth are extended to incorporate politics and the behavior of public officials (Chapters 3, 5-7). The text concludes with a thorough discussion of policy reforms designed to address the issues discussed in earlier chapters. Intended for students familiar with intermediate-level economics, the book contains a technical appendix, including detailed explanations of each model, end-of-chapter questions and problems, and a complete solutions manual, making it ideal for self-study. Offering a unified explanation for the causes and consequences of government failure, fiscal crisis, and the needed policy reforms, this text is appropriate for advanced undergraduate and beginning graduate courses in macroeconomics, political economy, and public policy. 

About the authors

Maksym Ivanyna has been an Economist at the Joint Vienna Institute since June 2012. He holds a Doctor’s degree in Economics from Regensburg University (Germany).  He also obtained a Master’s degree in Mathematics from Lviv National University (Ukraine), and M.A. degrees in Economics from Central European University (Hungary) and Michigan State University (USA). Prior to joining the JVI, Maksym did a number of consultancy jobs and internships at the IMF, World Bank, German Institute for Development, European Centre for Minority Issues, and Centre for EU Enlargement. His research portfolio includes publications and working papers in the fields of development, growth, corruption, governance, fiscal federalism, taxation, technology adoption and innovation.

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Table of contents (8 chapters)

  • Introduction

    Ivanyna, Maksym (et al.)

    Pages 1-30

  • Two-Period Model of Government Investment

    Ivanyna, Maksym (et al.)

    Pages 31-71

  • Politics and Corruption in the Two-Period Model

    Ivanyna, Maksym (et al.)

    Pages 73-109

  • Overlapping-Generations Model of Economic Growth

    Ivanyna, Maksym (et al.)

    Pages 111-158

  • Politics, Corruption, and Economic Growth

    Ivanyna, Maksym (et al.)

    Pages 159-194

Buy this book

eBook $84.99
price for USA (gross)
  • ISBN 978-3-319-68666-0
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $109.00
price for USA
  • ISBN 978-3-319-68665-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The Macroeconomics of Corruption
Book Subtitle
Governance and Growth
Authors
Series Title
Springer Texts in Business and Economics
Copyright
2018
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing AG
eBook ISBN
978-3-319-68666-0
DOI
10.1007/978-3-319-68666-0
Hardcover ISBN
978-3-319-68665-3
Series ISSN
2192-4333
Edition Number
1
Number of Pages
XII, 304
Number of Illustrations and Tables
4 b/w illustrations, 9 illustrations in colour
Topics