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enforcement of long-term illegal trade relations, and may even provide an effective enforcement mechanism for occasional (one …-shot) illegal transactions, which would not be enforceable otherwise. -- Law enforcement ; Self-reporting ; Corruption ; Crime …
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The earmarking (or setting aside) of revenues from various taxes for specific types of expenditure is a much maligned fiscal practice. The paper examines a number of theoretical arguments and institutional circumstances under which earmarking (even widespread earmarking) may be welfare...
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