000			02669 a2200265 4500
999			_c37371 _d37371
020			_a9783030675592
041			_aeng-
082			_a339.5 _bIVA-M
100			_aIvanyna, Maksym _eauthor
245			_aThe Macroeconomics of Corruption : _bgovernance and growth / _cMaksym Ivanyna, Alex Mourmouras, and Peter Rangazas
250			_a2nd Edn
260			_aSwitzerland : _bSpringer, _c2021.
300			_aix, 345p.
504			_aIncludes bibliographical references
520			_aThis textbook examines corruption through a macroeconomic lens, exploring the re-lationship between corruption, fiscal policy, and political economy. It merges mac-roeconomic 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. Revised and updated to include new research findings and recent policy discussions, the second edition contains 15 new sections and 2 new chapters on topics such as public defaults, the wage elasticity of work and the interest elasticity of saving, and the economic and fiscal impact of the 2020 pandemic. Most of the basic ideas are illustrated using a two-period model of government invest-ment that captures the future cost of policies that favor the present. The more subtle and advanced issues are illustrated and, in some cases, quantified, using the overlapping-generations model of economic growth. The models used to illustrate the mechanisms of economic growth are extended to incorporate politics and the behavior of public official. 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 second edition contains a technical appendix, expanded end-of-chapter questions and problems, and a complete solutions manual. The second edition also offers updated resources for in-structors, including sample syllabi and over 550 multiple choice questions. Offering a unified explanation for the causes and consequences of government failure, fiscal crisis, and needed policy reforms, this text is appropriate for advanced undergraduate and beginning graduate courses in macroeconomics, political economy, and public policy
546			_aEnglish
650			_aCorruption _vEconomic aspects
650			_aMacroeconomics
650			_aFiscal policy _xPolitical aspects
650			_aEconomic development _xPolitical aspects
650			_aPolitical corruption _xEconomic aspects
700			_aMourmouras, Alex _eauthor
700			_aRangazas, Peter _eauthor
942			_2ddc _cBK