Macroeconomics of Corruption: Governance and Growth

This textbook explores corruption through a macroeconomic lens, merging macroeconomic growth models with political economic theory to address topics such as income inequality, growth slowdowns, and fiscal crises. It uses a two-period model and an overlapping-generations model to illustrate the mechanisms of economic growth and incorporate politics and public officials' behavior. The book is intended for students familiar with intermediate-level economics and is suitable for advanced undergraduate and beginning graduate courses in macroeconomics, political economy, and public policy.

\n Format: Hardback
\n Length: 304 pages
\n Publication date: 11 December 2017
\n Publisher: Springer International Publishing AG
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This comprehensive textbook delves into the intricate relationship between corruption, fiscal policy, and political economy, offering a macroeconomic perspective. By integrating macroeconomic growth models with elements of political economic theory, it addresses critical applied topics such as income inequality, growth slowdowns, and fiscal crises. The book employs a two-period model to illustrate fundamental concepts, while the overlapping-generations model is used to explore more nuanced and advanced issues. The models are extended to incorporate politics and the behavior of public officials, providing a holistic understanding of economic growth mechanisms. The text concludes with a thorough discussion of policy reforms aimed at addressing the issues raised earlier. Designed for students with a solid foundation in intermediate-level economics, the book includes a technical appendix with detailed explanations of each model, end-of-chapter questions, and a comprehensive solutions manual. This textbook serves as an ideal resource for self-study and is suitable for advanced undergraduate and beginning graduate courses in macroeconomics, political economy, and public policy. By providing a unified explanation for government failure, fiscal crises, and the necessary policy reforms, it contributes to a deeper understanding of these critical economic and political issues.

\n Weight: 594g\n
Dimension: 166 x 247 x 20 (mm)\n
ISBN-13: 9783319686653\n
Edition number: 1st ed. 2018\n