Overview
- 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
- Includes supplementary material: sn.pub/extras
- Request lecturer material: sn.pub/lecturer-material
Part of the book series: Springer Texts in Business and Economics (STBE)
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About this book
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 studentsfamiliar 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.
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Keywords
Table of contents (8 chapters)
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Front Matter
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Back Matter
Authors and Affiliations
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.
Bibliographic Information
Book Title: The Macroeconomics of Corruption
Book Subtitle: Governance and Growth
Authors: Maksym Ivanyna, Alex Mourmouras, Peter Rangazas
Series Title: Springer Texts in Business and Economics
DOI: https://doi.org/10.1007/978-3-319-68666-0
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer International Publishing AG 2018
Softcover ISBN: 978-3-319-88636-7Published: 04 September 2018
eBook ISBN: 978-3-319-68666-0Published: 29 November 2017
Series ISSN: 2192-4333
Series E-ISSN: 2192-4341
Edition Number: 1
Number of Pages: XII, 304
Number of Illustrations: 4 b/w illustrations, 9 illustrations in colour
Topics: Macroeconomics/Monetary Economics//Financial Economics, International Political Economy, Economic Policy