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In the current slowdown in Europe, the United States and Japan, policy makers are vexed by the question when a recovery will come. This is the wrong question. The issue should be how a higher growth path can be reached in the long run, i.e., how the potential growth rate of our economies can be...
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an environment which is conducive for the growth factors.¤ Within the next five years, the member states of the EU should …
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paribus, to changes in VAT revenues in the individual EU countries. For instance, the member countries with trade surpluses … type of revenue imbalance among the EU nations. The introduction of the Single Market in 1993 appears to have further … encouraged firms' and households' evasive behaviour in paying VAT in the EU. In order to estimate its relevance, this study …
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