Tanzi effect
Appearance
English
[edit]Etymology
[edit]Named after Italian economist Vito Tanzi who explained the effect in 1977.
Noun
[edit]Tanzi effect (plural Tanzi effects)
- (economics) A phenomenon in which a period of high inflation in a country which results in a decline in the volume of tax collection and a deterioration of real tax proceeds being collected by the government of that country.
- Synonym: Olivera-Tanzi effect
Further reading
[edit]- Tanzi effect on Wikipedia.Wikipedia