Showing 1 - 10 of 25
Tax reforms are crucial to promoting inclusive growth in India. The replacement of a myriad of consumption taxes by a … Goods and Services Tax (GST) will boost India's competitiveness, investment, job creation and tax compliance. The potential … productivity by reducing distortions in the allocation of resources which emanate from the corporate income tax; iv) boost job …
Persistent link: https://www.econbiz.de/10011700368
a way that minimises deadweight costs and distortions weighing on growth and employment. Reducing further the tax wedge …
Persistent link: https://www.econbiz.de/10011914174
the experience of 34 OECD countries over 1980-2014 to assess the effects of changes in the tax structure on the long … while keeping government size constant typically lift long-term output per capita when they involve cuts in the labour tax …-income effects of revenue-neutral reductions in labour tax wedges are broadly in line with intuition: the relative position of those …
Persistent link: https://www.econbiz.de/10011823664
"An AIDS epidemic threatens Ethiopia with a long wave of premature adult mortality, and thus with an enduring setback … possible in view of Ethiopia's poverty and high background adult mortality, it does cause a permanent, downward displacement of …
Persistent link: https://www.econbiz.de/10003833419
to achieve convergence of policy outcomes to OECD upper standards is challenging. Efficiency gains in the tax system … could bring additional revenues. The tax base should be expanded by reducing informality, strengthening tax administration … unemployment and income inequality, the tax-benefit system should also be revised as it is now relatively regressive and the tax …
Persistent link: https://www.econbiz.de/10011399630
As its workforce ages and major economies shift towards producing higher value-added goods and services, New Zealand will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need to come increasingly from productivity gains, and...
Persistent link: https://www.econbiz.de/10009769652
Policy reforms aimed at boosting long-run growth often have side effects – positive or negative – on an economy’s vulnerability to shocks and their propagation. Macroeconomic shocks as severe and protracted as those since 2007 warrant a reconsideration of the role growth-promoting policies...
Persistent link: https://www.econbiz.de/10010231015
In the wake of the financial crisis there has been renewed focus on the importance of a country’s net external debt position in determining domestic interest rates and, relatedly, its vulnerability to a crisis. This paper extends the panel estimation of OECD countries described in Turner and...
Persistent link: https://www.econbiz.de/10010231409
New indicators measuring the effects of public spending on inclusive growth have been constructed using recent empirical work by Fournier and Johansson (2016) and a recent public finance dataset (Bloch et al., 2016). A first set of indicators combines information on the mix of public spending....
Persistent link: https://www.econbiz.de/10011914165
of long-term sustainability over short-term benefits. As such, Thailand has a long history of fiscal prudence that has … should: (i) increase tax revenues by broadening the tax base and enhancing collection efficiency; (ii) facilitate greater …
Persistent link: https://www.econbiz.de/10011914182