ABSTRACT

The Festschrift for Vito Tanzi is composed of two volumes. While the companion volume to this book explores various aspects of the macroeconomic impact of fiscal policies, this volume focuses on the role of these policies in the process of economic and structural reform. Both dimensions of fiscal policy have been emphasized in Vito Tanzi’s scholarly, as well as applied, economic policy work. Indeed, the issue of structural reforms has probably predominated, especially in recent years, when, as Director of the Fiscal Affairs Department of the International Monetary Fund (IMF), Tanzi spearheaded the policy advice and technical assistance of the IMF to the implementation of reforms in the fiscal area in industrial, developing, and former socialist countries.