This study examines how the economic effects of elections in rural China depend on voter heterogeneity, for which religious fractionalization is taken as a proxy. [BREAD Working No. 366]. URL:[http://ipl.econ.duke.edu/bread/papers/working/366.pdf].

The paper first gives a brief history and comparison of Japanese foreign direct investment into India and other Asian countries, highlighting the fact that Japanese investment into India is quite low. It then outlines the research objectives and explains the methodology followed. Second, the...

This paper assesses recent theorising and empirical evidence on the impact of fiscal policy—taxes, public expenditures and budget deficits—on long-run growth. It considers the relevance of recent advances in growth theory for low-income countries and compares the evidence for...

This paper considers the role of global environmental taxes both as instruments for improving the global environment and as a source of revenue for funding economic development. It reviews the general case for environmental taxes and the particular issues that arise for the adoption of such...

Economic Review of Developments in 2005 and Prospects for 2006. Presented before the Budget for 2006.

The challenge to the tax system to expand both the revenue base and progressively bring into the net larger number of taxpayers remains as daunting as ever. The object is not to ignore the generally beneficial impact of deregulation and tax friendly measures in providing a more conducive...