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"In this paper, the authors describe South Africa's value added tax (VAT), showing that (1) the VAT is mildly regressive, and (2) it is an effective source of government revenue, compared with other tax instruments in South Africa. They evaluate the VAT in the context of other distortions in the...
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The MEM is the World Bank's biannual flagship publication on Malaysia. It provides analysis of recent economic … developments and the near-term outlook for Malaysia. Each publication also focuses on a special topic related to Malaysia …'s transformation into a high-income economy. Malaysia is at the forefront of a "new generation" of trade agreements that will shape …
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In 2020, Malaysia passes a crucial milestone in its demographic trajectory and becomes an aging society. Driven by a … precipitous decline in fertility accompanied by a sustained rise in life expectancy, in recent years Malaysia has seen an uptick … in the pace of demographic change. Rapid aging will be one of the most crucial megatrends affecting Malaysia in coming …
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