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The Icelandic government has launched a review of the tax system, with a view to improving its income redistribution … boost the revenue potential in line with the government’s objectives while substantially increasing income redistribution …
Persistent link: https://www.econbiz.de/10014403917
This paper assesses changes in the size and scope of government in 24 transition economies. Whereas these governments … noncash transactions). At the same time, the scope of government activities-although evolving-has not necessarily become … appropriate. This paper provides some recommendations for aligning the scope of government with the increasing market orientation …
Persistent link: https://www.econbiz.de/10005826413
This Selected Issues paper and Statistical Appendix reviews the factors behind developments in government revenue in …
Persistent link: https://www.econbiz.de/10005825100
Macroeconomic developments in the Central African Economic and Monetary Community (CEMAC) region have been satisfactory, but risks to macroeconomic stability persist. The process of convergence remains slow and needs strengthening, notably through the adoption of a fiscal rule and the...
Persistent link: https://www.econbiz.de/10005252643
This paper highlights the significance of open-economy considerations in the analysis of tax reforms. It focuses on domestic and international consequences of revenue-neutral conversion between income and value-added tax systems. The principal result is that the direction of changes in key...
Persistent link: https://www.econbiz.de/10014396378
Central government wage expenditures accounted for 7 percent of GDP in 99 countries during 1980-90 (unweighted average … countries, and small low-income economies tend to have lower central government wage expenditures as a percent of GDP. Access to … foreign financing is not; the public and publicly guaranteed foreign financing is often provided for government capital …
Persistent link: https://www.econbiz.de/10014398730
The economic downturns and an ongoing industrial restructuring toward capital-intensive sectors, such as chemical and pharmaceuticals, have contributed to rising unemployment. With the economic recovery continuing to gain momentum, the near-term outlook has improved. With broad agreement on the...
Persistent link: https://www.econbiz.de/10005768513
and communication activity, import prices of oil products, government finances and revenue, monetary survey, interest …
Persistent link: https://www.econbiz.de/10005768585
This Selected Issues paper analyzes recent economic developments and policies in Madagascar. Real GDP growth in 2001 was 6 percent, continuing the trend of sustained increase in per capita real GDP that began during the period 1997–2000. The secondary and tertiary sectors were the main...
Persistent link: https://www.econbiz.de/10005824900
Executive Directors commended Sudan's efforts to bring economic policies back on track and welcomed the establishment of a mechanism to save oil export receipts arising from higher-than-programmed oil prices, but underscored the need to strengthen budget control and monitoring systems. The audit...
Persistent link: https://www.econbiz.de/10005824974