Keen, Michael; Baunsgaard, Thomas - International Monetary Fund (IMF) - 2005
With the public finances of many developing and emerging market countries still heavily dependent on trade tax revenues … trade tax revenues fell. Troublingly, however, revenue recovery has been extremely weak in low-income countries (which are … those most dependent on trade tax revenues): they have recovered, at best, no more than about 30 cents of each lost dollar …