Tanzi effect en · NOUN
Etymology
Named after Italian economist Vito Tanzi who explained the effect in 1977.
Meanings
- 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.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| Tanzi effects | Number=Plur | lexicographic |