This paper examines the possibility of ascertaining the welfare changes that occur when a consumption tax replaces an equal-yield income tax. It finds that those with saving/income ratios greater than the social saving/income ratio under the income tax will surely benefit and those with ratios...

Der Länderbericht des IMF über Usbekistan gibt einen Überblick über den wirtschaftlichen Hintergrund und die Wirtschaftsstruktur des Landes. In weiteren Kapiteln wird die jüngere wirtschaftliche Entwicklung und die Wirtschafts- und Reformpolitik für 1992 dargestellt. Die Felder für...

Der Bericht des IMF über Tadschikistan gibt einen Überblick über die Wirtschaftsstruktur des Landes und beschreibt dann die jüngere Wirtschaftsentwicklung anhand der einzelnen volkswirtschaftlichen Aggregate. In einem weiteren Kapitel werden die Felder der Wirtschafts- und Reformpolitik...

Economic developments in Hungary during 1995-97 illustrate one of the most remarkable cases of macroeconomic adjustment in Europe over the last decade. Several momentous steps in the integration of the Hungarian economy with the rest of Europe and the industrial countries community took place....

This study focused on environmental tax measures, and on allocation, pricing, and taxation of Iceland’s major hydropower and geothermal resources. Measures to secure the tax base for the corporate income tax (CIT) are proposed. Taxation of the financial sector can be improved by a number...

This paper reviews the fiscal reform of the Czech Republic, its key reform measures, and structural implications. The study also focuses on key challenges and demographic pressures facing the Czech economy, and describes the analytical framework of Global Fiscal Model (GFM) with technical...