The expert authors in this timely volume offer diverse perspectives on how corruption distorts state and market relations, while drawing from insights in political science, economics, and law. This book represents a new wave of research in political economy, relying on methodological rigor to address topics ranging from corruption in taxation and trade to crony capitalism and false anti-corruption reforms. Key chapters provide a thorough review of the literature on links between political connections and democratic institutions. Special attention is paid to the OECD Anti-Bribery Convention, the US Foreign Corrupt Practices Act, China's anti-corruption drive, and language used to discuss tax evasion. Case studies from various regions - such as China, Paraguay, South Africa, and New York City - anchor the analysis with real-world situations. Greed, Corruption, and the Modern State is a critical resource for students, researchers, and practitioners interested in development, economics, governance, and corruption.