Vito Tanzi is a former Professor and Chairman of the Economics Department, American University, Washington D.C. He also served as Head of the Tax Policy Division and later as Director of the Fiscal Affairs Department at the IMF. From 1990-1994 he served as President of the International Institute of Public Finance (IIPF). Since 2000 he has been active as a Senior Associate, Carnegie Endowment for International Peace; State Secretary for Economy and Finance in the Italian Government; and a senior consultant to the Inter-American Development Bank. He received many awards including Honorary president of the IIPF and Honorary degrees from the University of Cordoba (Argentina), the University of Liege (Belgium), the University of Torino (Italy), the University of Lisbon (Portugal), and the University of Bari (Italy). An economic effect (the Tanzi effect) named after him.