The main message of this report is that Pakistan can take measures to increase the tax to gross domestic product (GDP) ratio by around 3.5 percentage points over the next five years. In order to ensure a healthy long-run economic development, Pakistan needs to embrace substantial changes in tax...

The main message of this report is that Pakistan can take measures to increase the tax to gross domestic product (GDP) ratio by around 3.5 percentage points over the next five years. In order to ensure a healthy long-run economic development, Pakistan needs to embrace substantial changes in tax...

This paper has been prepared in accordance with the terms of reference for a study on power system planning in India: incorporating externality costs and benefits. It reviews estimates of the external costs of power in international studies as well as in India and compares the figures available....

This report provides estimates of social and financial costs of environmental damage in India from three pollution damage categories: (i) urban air pollution, including particulate matter and lead; (ii) inadequate water supply, poor sanitation, and hygiene; (iii) indoor air pollution; and four...

Alcohol abuse is one of the leading causes of death and disability worldwide. Alcohol abuse is responsible for 4 percent of global deaths and disability, nearly as much as tobacco and five times the burden of illicit drugs (WHO). In developing countries with low mortality, alcohol is the leading...

"The authors examine the effects of taxation on financing policy using the corporate tax reform in 2001 in Croatia as a natural experiment. Since the extant literature on tax effects on capital structure studies listed firms in developed countries, it is worth investigating whether the same...