Showing 1 - 10 of 291
The availability of windfall revenues from natural resource exports or foreign aid potentially weakens governments' incentives to design efficient tax systems. Cross-country data for developing countries provide evidence for this hypothesis, using a World Bank indicator of "efficiency of revenue...
Persistent link: https://www.econbiz.de/10012552208
During the past decade, diverse developing countries have introduced radical reforms in their collection of taxes. In more than 15 countries, traditional tax departments have been granted the status of semiautonomous revenue authorities (ARAs), which are designed with a number of...
Persistent link: https://www.econbiz.de/10012559856
Bureaucratic reform is a priority of donor organizations, including the World Bank, but is notoriously difficult to implement. In many countries, politicians have little interest in the basic financial and personnel management systems that are essential to political oversight of bureaucratic...
Persistent link: https://www.econbiz.de/10012560794
Pay schemes in the public sector aim to attract motivated, high-ability applicants. A nascent literature has found positive effects of higher pay on ability and no or slightly positive effects on motivation. This paper revisits this issue with a novel subject pool, students destined for the...
Persistent link: https://www.econbiz.de/10012560837
The adequacy of compensation for government workers and the affordability of the public sector wage bill are important concerns for many developing countries. Suitable pay is considered a necessary -- albeit far from sufficient -- condition for attracting and retaining skilled public sector...
Persistent link: https://www.econbiz.de/10012560849
The global financial crisis and its aftermath have triggered extraordinary policy responses in advanced countries. The impacts of these policy responses—from asset price bubbles to currency depreciations—have often been felt in the developing world. As tapering talk evolves into actual...
Persistent link: https://www.econbiz.de/10012564370
In the aftermath of the global financial crisis, interest in systemic risk has surged among academics and policy makers. The mitigation of systemic risk is now widely accepted as the fundamental underlying concept for the design of the post-crisis regulatory agenda. Effective mitigation requires...
Persistent link: https://www.econbiz.de/10012564546
This study uses a computable general equilibrium model to analyze various policy scenarios for a carbon tax on greenhouse gas emissions from petroleum fuels and kerosene in Ethiopia. The carbon tax starts at $5 per ton of carbon dioxide in 2018 and rises to $30 per ton in 2030. Different...
Persistent link: https://www.econbiz.de/10012568741
Using a new, large data set on quarterly reserve requirements for the period 1970-2011, this paper provides new evidence on the use of reserve requirements as a countercyclical macroprudential tool in developing countries. The appeal of reserve requirements lies in the pro-cyclical behavior of...
Persistent link: https://www.econbiz.de/10012573862
This paper investigates corruption and tax evasion and their firm-level determinants across 25,000 firms in 57 countries, a large fraction of which are small and medium enterprises in developing countries. Firms that pay more bribes also evade more taxes. Corruption acts as a tax on innovation,...
Persistent link: https://www.econbiz.de/10012551605