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The United States faces challenging budgetary prospects, as do most other OECD countries. The federal budget deficit widened considerably during the recession, reaching about 10% of GDP in both 2009 and 2010, reflecting the operation of automatic stabilizers and the policy response to the...
Persistent link: https://www.econbiz.de/10008680609
The process of fiscal consolidation and the need to step up the poor long term economic performance provide an opportunity to implement tax measures to improve efficiency and rebalance the economy. As consolidation progresses, switching taxes from labour to consumption and property offers an...
Persistent link: https://www.econbiz.de/10008726893
While Korea remains one of the fastest-growing OECD economies, its potential growth rate per capita is projected to decelerate from around 4% during the current decade to around 2¼ per cent during the 2030s. Sustaining growth requires policies to mitigate the impact of rapid population ageing...
Persistent link: https://www.econbiz.de/10011276834
des sociétés (IS) et le taux réduit de la taxe sur la valeur ajoutée (TVA) appliqué à de nombreux biens et services a été …
Persistent link: https://www.econbiz.de/10008498306
Finance Review.<P>Évasion de la TVA : Théorie et Comparaisons Internationales<BR>Ce document développe un jeu différentiel des …’analyse empirique utilise la TVA d’un échantillon de pays de l’OCDE et non-OCDE. Les indicateurs OCDE d’efficacité des administrations … fiscales sont intégrés aux régressions. Les résultats montrent que l’efficacité de la TVA (définie comme le ratio entre les …
Persistent link: https://www.econbiz.de/10005045741
Korea has one of the lowest tax burdens in the OECD area, reflecting its small public sector. However, rapid population ageing will put upward pressure on government spending. The challenge is to meet the long-run need for greater expenditures and tax revenue while sustaining strong economic...
Persistent link: https://www.econbiz.de/10005045955
The Polish tax system is characterised by high social security contributions for both employers and employees. As a result, Poland has one of the highest tax wedges in the OECD, despite relatively low personal income tax rates. This, combined with a relatively high minimum wage and generous...
Persistent link: https://www.econbiz.de/10005046187
Adequate and well-functioning infrastructure is a key ingredient to growth and well-being. The benefits to activity of … accumulation. Good infrastructure facilitates trade, bolsters market integration and competition, fosters the dissemination of … other markets. Nevertheless, Australia has an important infrastructure deficit. This is in part due to underinvestment in …
Persistent link: https://www.econbiz.de/10008872205
This paper investigates the role played by deregulation on firms’ investment decisions in infrastructure sectors. The ….<P>La déréglementation favorise-t-elle les investissements en infrastructure? : Analyse basée sur les entreprises des pays de l …
Persistent link: https://www.econbiz.de/10009322440
Brazil under-invested in infrastructure for over three decades, and infrastructure investment rates have come up only … slowly since 2007. Infrastructure needs are sizeable in almost all sectors. It is likely that at its current stage of … development the country will benefit from large pay-offs from infrastructure spending. Against this background, the Brazilian …
Persistent link: https://www.econbiz.de/10009350674