Showing 1 - 8 of 8
The paper surveys the role of financial markets and fiscal institutions in the transformation process going on in Eastern and Central Europe. It highlights (a) the need to create some sort of “social ecological balance” necessary for the working of a modern market economy; (b) the need to...
Persistent link: https://www.econbiz.de/10005264034
Social protection in industrial countries has been provided through regulations, tax expenditures, and public spending … level of recent decades. Specifically, tax competition among jurisdictions, ballooning electronic commerce, and increased … mobility of the factors of production will likely cause significant falls in tax revenue in future years. The paper concludes …
Persistent link: https://www.econbiz.de/10005264098
The paper discusses some channels through which corruption affects growth such as the impact of corruption on enterprises, on the allocation of talent, and on investment. It also discusses the impact of corruption on some aspects of public finance.
Persistent link: https://www.econbiz.de/10005826657
periods. These changes are too large and too sudden to attribute fully to a deterioration in tax administration or to changes … in the traditional determinants of tax levels. The paper argues that they should be attributed mostly to macroeconomic … policies. The paper discusses the connection between tax levels and (a) the real value of the official exchange rate, (b …
Persistent link: https://www.econbiz.de/10005768723
This paper discusses important tax policy issues facing developing countries today. It views tax policy from both the … macroeconomic perspective, which focuses on broad questions such as the level and composition of tax revenue, and the microeconomic … perspective, which focuses on certain design aspects of selected major taxes, such as the personal income tax, the corporate …
Persistent link: https://www.econbiz.de/10005769236
In a recent paper Professor Dixit criticized the argument that when collection lags characterize tax systems, recourse … to meet. The paper argues that more attention should be paid by tax theorists to the constraints under which tax reforms …
Persistent link: https://www.econbiz.de/10005605050
This paper discusses assessment of income on the basis of approximate indicators as opposed to conventional records. Such a method of assessment, known as presumptive income taxation, is widely used in many developing and industrial countries; however, it has been neglected in public finance...
Persistent link: https://www.econbiz.de/10005605402
A tax on gross assets has been introduced in some developing countries where several factors (most notably, high … inflation) enabled apparently viable enterprises to report losses for income tax purposes. The idea of a tax on the value of …-Saxon world. The economic implications of such a tax are analyzed in this paper. Special attention is devoted to efficiency and …
Persistent link: https://www.econbiz.de/10005826303