The Shadow Economy, Corruption And Governance
, Edward Shinnick
Edited by the late Michael Pickhardt, formerly of Brandenburg University of Technology Cottbus, Germany and Edward Shinnick, University College Cork, Ireland
|2008 296 pp Hardback 978 1 84844 079 1
Hardback £83.00 on-line price £74.70
Series: INFER Advances in Economic Research series
‘This is an outstanding collection of articles on the nexus between the shadow economy and institutional quality. Combining theory with rigorous econometrics, the collection is comprehensive and insightful, making it a work that the students of institutions and development cannot ignore.’
– Axel Dreher, KOF Swiss Economic Institute, ETH Zurich, Switzerland
Contributors: I. Adams, F. Barry, C. Delavallade, C. Fiorio, T. Friehe, K.A. Kriz, J. Meriküll, A. Paulus, M. Pickhardt, A. Pitsoulis, F. Schneider, E. Shinnick, K. Staehr, J.K. Wilson, A. Zanardi
Full table of contents
This book contributes to the current debates on the shadow economy and related issues of tax evasion and corruption. The approach taken here is one that will develop a better understanding of these related issues, which are increasingly seen as impediments to country competitiveness and economic growth.
Economists and policymakers are increasingly focused on how the shadow economy operates. The contributors discuss how effective corporate governance may help to reduce both the occurrence and effects of illegal activities. The book begins by considering institutional governance and how issues such as economic growth and development can be better understood by gaining a deeper understanding of the decision-making process. The importance of collective persuasion and collective decision-making in an institutional context is illustrated. The remainder of the work details a series of empirical studies outlining the role of governance and institutional capacity in assessing economic performance, the role of political competition in reducing corruption and measures of, and influences on, corruption in different countries around the world.
Institutions such as the WTO, World Bank and the IMF will find much to engage them in this book as will policy makers in government and research policy agencies. It will also hold great appeal to academics (postgraduate and above) in the fields of political economy, economic development and international economics.
PART I: OVERVIEW
1. Governance and Illegal Activities: A Survey of Recent Developments and Issues
Michael Pickhardt and Edward Shinnick
PART II: KEY ISSUES OF INSTITUTIONAL GOVERNANCE
2. The Political Economy of Governance and Development: Towards a New Worldview
3. A Dynamic Theory of Collective Persuasion
4. On the Optimal Sanction Structure When Individuals are Imperfectly Informed about the Probability of Apprehension
PART III: EMPIRICAL STUDIES ON INSTITUTIONS, GOVERNANCE CORRUPTION AND THE SHADOW ECONOMY
5. Institutional Capacity and the Celtic Tiger Economy: Ireland in Comparative Perspective
6. Reducing Petty Corruption: What Role for a More Competitive Political System?
John K. Wilson
7. Shadow Economies and Corruption all over the World: What do we Really Know?
8. Determinants of Shadow Economy in Tunisia and Algeria: A Firm-Level Analysis
9. “It’s a Lot, But Let It Stay”: How Tax Evasion is Perceived Across Italy
Carlo Fiorio and Alberto Zanardi
10. Why Do Individuals Evade Payroll and Income Taxation in Estonia?
Kenneth A. Kriz, Jaanika Meriküll, Alari Paulus, Karsten Staehr