For Immediate Release: June 21, 2001
Contact: Carmen MacDougall, 202-939-2319

He most recently produced "Pitfalls on the Road to Fiscal Decentralization," a working paper which can be seen at www.ceip.org/pubs. An economist of international renown, Tanzi earlier had a distinguished career at the IMF, where he has served for almost three decades.

"We congratulate Vito on this important appointment in his home country," Carnegie Endowment President Jessica Mathews said. "We'll greatly miss his intellectual rigor, impressive economic expertise, and thought-provoking analysis."

A specialist in international economics and fiscal policy, Tanzi served as director of the fiscal affairs department at the IMF since 1981. In that post, he worked with fiscal authorities worldwide on issues ranging from tax and budgetary policy to corruption and money laundering. He started at the IMF in 1974 as chief of the tax policy division. From 1990 to 1994, he also served as president of the International Institute of Public Finance. Before joining the IMF, Tanzi was professor and chairman of the department of economics at American University. Tanzi received his Ph.D. in economics from Harvard University and is a prolific writer. His most recent publications include Public Spending in the 20th Century: A Global Perspective; Policies, Institutions, and the Dark Side of Economics; and Taxation in an Integrating World.

About the Carnegie Endowment for International Peace
Founded in 1910, the Carnegie Endowment for International Peace is a private nonprofit organization dedicated to advancing cooperation among nations and promoting active international engagement by the United States. The Carnegie Endowment's research projects are grouped in two areas, the Global Policy Program and the Russian and Eurasian Program. The Endowment publishes Foreign Policy magazine and operates the Carnegie Moscow Center to address compelling issues confronting post-communist societies. Visit www.ceip.org for more information on programs, staff, and publications.

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To reach Vito Tanzi, contact:

Vito Tanzi
Sottosecretario di Stato
Ministero della Economia e delle Finanze
Via XX Settembre, 97
00187 Roma ITALY
(+39 06) 481-5665
Fax: (+39 06)487-1246
Telex: 626432