Tax expenditures are generally defined as those government expenditures carried out through tax legislation …, regulations, and practices that reduce or defer taxes for some taxpayers. There is a general concern that the tax expenditures … systems. Many countries in Latin American and a few in the Caribbean already estimate their tax expenditures; but in many …

significant negative long run association between inflation and real GDP, which is suggestive of economic inefficiencies. Once the …

Italy do relatively poorly. Yet the explanation for this ranking - one that holds even after adjustment for GDP and socio …