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contributions and/or payroll taxes, and reducing the entry income tax rate. …
Persistent link: https://www.econbiz.de/10011245579
high on the government’s agenda. Tax reforms have improved the economy’s growth potential. Reforms in financial, labor …
Persistent link: https://www.econbiz.de/10011245675
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521
robust, propelled by strong household spending and supported by the global recovery as well as macroeconomic policies. Tax …
Persistent link: https://www.econbiz.de/10005598973
generating capacity by utilizing a standard neoclassical growth model. A calibration exercise for G-7 countries shows that France …, Germany and Italy suffer greater revenue impact from a given reduction in hours worked due to their larger government …
Persistent link: https://www.econbiz.de/10010790302
Finland’s 2008 Article IV Consultation shows that spillovers from the global turmoil are adversely affecting activity and may weaken the financial system. From a cyclical perspective, a fiscal structural loosening is warranted. Its effectiveness in Finland’s small, open economy...
Persistent link: https://www.econbiz.de/10011242874
This paper analyzes the role of the tax and benefit system in spurring the impressive increase in Canadian female labor … reforms in the Canadian tax and benefit system in the mid-1990s account for at least one-third of the observed increase in …-friendly" policies introduced in Canada could boost female participation in other countries and help policymakers meet the challenges of …
Persistent link: https://www.econbiz.de/10005826383
Persistent link: https://www.econbiz.de/10010878426
This paper reviews the Central African Republic’s three-year arrangement under the poverty reduction and growth facility. Concerns about the social impact of higher fuel prices have delayed implementation of an automatic pricing formula and caused serious fiscal losses. The new financing...
Persistent link: https://www.econbiz.de/10011244185
In 2011, the economy of Mali is expected to stay on a robust growth trajectory with low inflation. Fiscal performance has been consistent with program targets during the first half of 2011. Money supply increased more than GDP during the first nine months of 2011. The authorities intend to...
Persistent link: https://www.econbiz.de/10011244204