A strand of recent literature shows that a reform of import tariff (export tax) and consumption tax (production tax) that keeps the consumer (producer) price unchanged enhances welfare and increases revenue under plausible conditions. It has been argued that the results provide an ex-post...

A Strand of recent literature shows that a reform of import tariff (export tax) and consumption tax (production tax) that keeps consumer (producer) price unchanged cnhances welfare and increases revenue under plausible conditions. We demonstrate that the results derived so far critically depend...

The current consensus on indirect tax reform in developing countries favors a reduction in trade taxes with an increase in VAT to raise revenue. The theoretical results on selective reform that underlie this consensus are, however, derived from partial models that ignore the existence of an...

This paper provides a critical analysis of the current consensus on tax reform in developing countries in terms of both efficiency and equity objectives. Drawing on the recent theoretical advances it shows that the emphasis on value-added tax (VAT) as the main instrument for indirect taxation is...

The current consensus on indirect tax reform in developing countries favors a reduction in trade taxes with an increase in VAT to raise revenue. The theoretical results on selective reform that underlie this consensus are, however, derived from partial models that ignore the existence of an...

Preface -- The welfare state in the twenty-first century / Joseph E. Stiglitz -- Adapting labor and social protection systems to twenty-first-century capitalism / Sandra Polaski -- The welfare state in the twenty-first century : latest trends in social protection / Isabel Ortiz -- Supporting...