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Every bigger economic crisis, as the current one, leaves behind a huge material damage to the world economy, and to separate national economies as well. However, every such crises reminds national authorities of the mistakes done in the past while creating and running macroeconomic policy and...
Persistent link: https://www.econbiz.de/10011259251
After the last EU enlargement the problem of tax competition is more complex and this article tries to reflect the amplitude of this phenomenon. Some factors have a positive influence of tax competition and one of this is capital mobility, but others have a negative impact like public debt or...
Persistent link: https://www.econbiz.de/10008592992
This paper searches statistical evidence of tax harmonization initiated and motivated by EU Commission since 1980. The … purpose of energy tax harmonization is to reach more efficient use of energy among members and thereby to establish more … competitive markets in EU. The tax harmonization in EU, in this work, is analyzed through convergence tests to see whether total …
Persistent link: https://www.econbiz.de/10008599100
The article is focused on value added tax harmonization. It summarizes theoretical basis of harmonization process …, refers to basic law. It also analyzes a real level of value added tax harmonization in the European Union and compares … and one or two reduced rates till the end 2005. Though tax harmonization has considerable development in the field of …
Persistent link: https://www.econbiz.de/10008543494
features: increasing harmonization to facilitate transactions and to reduce compliance costs; better impact assessment and …
Persistent link: https://www.econbiz.de/10005027118
has as purpose to emphasize the essential problems: the harmonization and fiscal coordination from the E.U. perspective …
Persistent link: https://www.econbiz.de/10005617033
concepts of harmonization, meaning that one regulation/standard is better that multiple regulations/standards, and the theory …
Persistent link: https://www.econbiz.de/10005617181
This paper constructs a simple general equilibrium model of the trade and distributional effects of spreading advanced country international labour standards to developing countries. Labour standards (including minimum safety requirements, prohibition of prison and child labour, and rights to...
Persistent link: https://www.econbiz.de/10005621526
In a standard New-Keynesian sticky-price model of monetary policymaking, we show that formulating the policy objective of a monetary union in terms of a weighted average of objectives for inflation and output in each of the member countries, instead of union-wide aggregate inflation and output,...
Persistent link: https://www.econbiz.de/10011107410
Some economists have attacked the two-percentage point cut in the GST to 5 per cent proposed by the Conservatives in the January 2006 Canadian federal election. The main reason for this is that many economists believe that, if money was available for tax cuts, it would make more sense to use it...
Persistent link: https://www.econbiz.de/10011109580