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Croatia has made significant economic progress since independence, but the global financial crisis has exposed weaknesses in its economy and growth model. While growth has resumed in 2015, income convergence has been thrown back by the crisis and by the prolonged recession that followed and is...
Persistent link: https://www.econbiz.de/10012700658
This report takes an in-depth look, from a policy perspective, at the trade-offs between increasing tax collection and improving the equity of the fiscal system. As part of this effort, the report places the Peruvian tax system in an international context and considers the key challenges the...
Persistent link: https://www.econbiz.de/10012642771
- enabled Turkey to recover from its shock of 2016, with growth accelerating to 7.4 percent in 2017. The outcome of supply … orderly adjustment is important for productivity and potential output. Turkey has been prone to large economic swings in the …
Persistent link: https://www.econbiz.de/10012645346
Mid-2018 was a period of intense market volatility and rising economic stress in Turkey that was precipitated by … sharp slowdown in capital flows to Turkey in 2018 Q2-Q3. Though this did not technically amount to a sudden stop, Turkey was … current account deficit, high inflation, overheating economy) and perceived policy weaknesses. Market volatility in Turkey has …
Persistent link: https://www.econbiz.de/10012645843
conditions. Even so, foreign exchange reserves have gotten eroded over the past two years, exposing Turkey to external market … losses and falling real wages. Turkey's economy lost around 840 thousand jobs from May 2018 to May 2019, amounting to 2 …
Persistent link: https://www.econbiz.de/10012646643
Despite an initial surge in COVID-19 cases, cross country data suggests that Turkey containedrelatively quickly the … this fragile trend. Turkey's pandemic response may offer some lessons, notwithstanding country specific conditions. Turkey … economic recovery in Turkey. By the second half of 2019, the economy started to gradually recover from the shock of the mid …
Persistent link: https://www.econbiz.de/10012647432
After its worst economic crisis in 100 years, Latin America and the Caribbean countries are emerging from the COVID-19 pandemic. The need to recover dynamic, inclusive, and sustainable growth to redress both the legacy of the pandemic and long-standing social needs has never been more acute....
Persistent link: https://www.econbiz.de/10012700806
Despite decades of impressive economic growth, tax revenues in the Dominican Republic (DR) remain well below the regional average. The DR's tax base is extremely narrow, with extensive exemptions, deductions, zero-ratings, and allowances across all major tax categories. Tax expenditures amounted...
Persistent link: https://www.econbiz.de/10012603646
As part of the ongoing tax policy dialogue with the Government of Ethiopia, the World BankGroup organized a workshop in Addis Ababa, on June 20, 2016, to discuss tobacco use, its healthimpact, and excise taxes on tobacco as a public policy measure to reduce tobacco use, and hencethe risk of ill...
Persistent link: https://www.econbiz.de/10012646281
Implementing governments need to be prepared to face considerable opposition in introducing and defending a new sugar-sweetened beverage (SSB) tax. Arguments against SSB taxes tend to closely mirror those used against tobacco taxes, including that these taxes are not effective, are regressive...
Persistent link: https://www.econbiz.de/10012647246