In recent years the level of taxation of many developing countries has changed dramatically over relatively short 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...

Ces derniegrave;res anneacute;es, le niveau d`imposition de nombreux pays en deacute;veloppement a eacute;volueacute; de faccedil;on spectaculaire sur des peacute;riodes relativement bregrave;ves. Ces changements ont eacute;teacute; trop profonds et trop soudains pour qu`on puisse les imputer...

La preacute;sente eacute;tude a plusieurs objets. Premiegrave;rement, elle preacute;sente une eacute;bauche de theacute;orie positive (donc ayant trait au monde reacute;el) de l`intervention du secteur public. Deuxiegrave;mement, elle contient une analyse relativement approfondie de l`activiteacute; du...

This paper surveys the fiscal landscape of Latin America. It analyzes external and domestic factors that over the years led to the deterioration of the fiscal accounts. It also discusses difficulties that are encountered in pursuing a sound fiscal policy under inflationary conditions. Issues...

The resumption of economic growth in Latin America is predicated on the successful restoration of fiscal discipline and stabilization. In restoring fiscal discipline, the mix of policy instruments should aim at maximizing efficiency in the use of domestic and foreign resources.Poverty...

International coordination of macroeconomic policies has attracted much attention in recent years. The main issue has been whether economic performance can be improved by coordination. Although it is still a controversial issue many economists have argued that coordination would make a positive...

This paper surveys many of the tax reforms that industrial countries have recently carried out or that have proposed to carry out. In addition to describing those reforms, the paper attempts to identify common features. A trait common to many of these reforms is the lowering of the tax rates for...

The internationalization of the financial markets of the industrial countries has greatly increased the mobility of financial capital and has made the concept of interest rate parity one of more than just theoretical significance. Given interest rate parity, decisions concerning the generation,...

The paper deals with the activities of Fund staff with taxation. It is made up of four parts. Part I outlines the connection between Fund major activities and taxation. Part II surveys general influences on Fund staff with implications for tax work. Part III outlines the relationship between...