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In Termites of the State, renowned public economist Vito Tanzi presents a sweeping account of the industrialized world's economic development during the 20th century to today. In the tradition of grand economic histories, Tanzi connects the biggest issues of the modern world including extreme gaps in income distribution; increasing complexity of government actions and regulations; and asymmetry of access to information and to political influen...

Over the last four decades, Dr. Vito Tanzi traveled frequently to Latin America in his professional capacity as an economist working for the International Monetary Fund and for other international organizations. During many trips, he observed ongoing economic and political developments, but, was also fascinated by the culture, history, and beauty of the region. He believes that books written about Latin America don't often convey the vitality,...