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This paper examines the reform of the external tariff initiated by the CEMAC and the WAEMU that is aimed at reinforcing their economic integration. Overall, there is broad compliance with the streamlined and moderate rates, but with significant deviations from the harmonized paths in several...
Persistent link: https://www.econbiz.de/10005826234
This paper examines the reform of the main domestic consumption taxes initiated by the CEMAC and the WAEMU aimed at reinforcing their economic integration. On the whole, compliance with the VAT is relatively weaker in the CEMAC than in the WAEMU. The opposite applies for excises. Major reforms...
Persistent link: https://www.econbiz.de/10005826514
The paper reviews the principles and practical considerations involved in the choice between foreign and domestic financing of fiscal deficits, and derives a series of recommendations broadly applicable to Central and West African countries. The paper develops a simple analytical framework and...
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Polycentric development in regions has many dimensions, which involve several definitions and measures. This paper tackles the problem of defining and measuring polycentricity under an integrated and multi- dimensional perspective. Firstly, the policy relevance of polycentricity is analysed....
Persistent link: https://www.econbiz.de/10008683290
This study employs spatial panel techniques to examine determinants of regional allocation of infrastructure investment made by the central government. Using a sample of 31 Chinese provinces over the 2001-2008 period, we derived four major empirical findings. First, there exist substantial...
Persistent link: https://www.econbiz.de/10011113521