Showing 1 - 10 of 43
natural resources, are important determinants of tax revenue. …
Persistent link: https://www.econbiz.de/10011242287
Argentina has committed itself to a reform of its revenue-sharing system. This paper examines this system and the issues involved in its redesign, and discusses the pros and cons of various options with a view to specifying a preferred approach.
Persistent link: https://www.econbiz.de/10005826288
This paper assesses changes in the size and scope of government in 24 transition economies. Whereas these governments have retrenched in terms of public expenditures in relation to GDP, as well as public employment as a share of population, some indicators suggest that size remains high (e.g.,...
Persistent link: https://www.econbiz.de/10005826413
This paper reexamines the relationship between aid and domestic tax revenues using a more recent and comprehensive … association between net Official Development Assistance (ODA) and domestic tax revenues, but this relationship appears to have … are negatively associated with VAT, excise and income tax revenues, but have a positive relationship with trade taxes. Aid …
Persistent link: https://www.econbiz.de/10011242414
External shocks pose major challenges to fiscal policy makers through lower output and large fiscal imbalances. This paper analyzes the case of Moldova, which faced parallel crises a decade apart: the Russian crisis of 1998 and the global financial crisis of 2008-2009. The country went through...
Persistent link: https://www.econbiz.de/10010790375
This paper addresses two fundamental issues in indirect tax design. It first revisits the case for reduced rates on … rate on a broad base†is always good tax policy—may plausibly be large even at a low nominal tax rate and with few …
Persistent link: https://www.econbiz.de/10011123815
vastly in tax matters, and in ways that are less than fully understood; that the history of ‘big ideas’ in guiding tax …
Persistent link: https://www.econbiz.de/10011142024
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
Year-ahead forecasts of tax revenues incorporated into IMF programs for low-income countries, from 1993 to 1999, are … percent. Forecasts of tax revenues as a percentage of GDP were biased upwards, but there was no significant bias in forecasts … of nominal tax revenues. Upward bias in the tax revenue forecasts was associated with subsequent interruptions to the …
Persistent link: https://www.econbiz.de/10005768789
This paper examines the role of tax administration in developing countries from an economic perspective. The … traditional separation of tax policy and tax administration in the literature is shown to break down in developing countries …, where tax administrators decide in what manner complicated tax legislation should actually be applied. After surveying …
Persistent link: https://www.econbiz.de/10005768804