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Corruption, Black Markets, and the Fiscal Problem in LDC's : Some Recent Findings


  • Mc Laren, J


The fiscal difficulties of LDC's, and the important role for evasion as a part of them, are well-known. Drawing on the rich literature on tax evasion in the public finance literature, much recent research has shed light on two phenomena contributing to this problem: fiscal corruption and evasion through illegal transactions. This note surveys some of this recent research.

Suggested Citation

  • Mc Laren, J, 1996. "Corruption, Black Markets, and the Fiscal Problem in LDC's : Some Recent Findings," Papers 763, Yale - Economic Growth Center.
  • Handle: RePEc:fth:yalegr:763

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    References listed on IDEAS

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    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. James Roumasset, 2008. "The Political Economy of Corruption: A Philippine Illustrationa," Working Papers 200805, University of Hawaii at Manoa, Department of Economics.

    More about this item



    JEL classification:

    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance


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