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effect of tax-benefit policies. We simulate this effect in the framework of a collective model of labor supply when shifting … from a joint to an individual taxation system in France. We show that the net-of-tax relative earning potential of the wife … sensitivity analysis shows that the collective model would be required if the tax reform was both radical and of extended scope. …
Persistent link: https://www.econbiz.de/10010262182
The paper examines the applicability of GDP-linked bonds for the financing of developing countries and emerging markets. GDP-linked bonds are bonds of which the coupon and/or redemption payments are tied to the GDP of the issuing country. The study encompasses a detailed empirical analysis of...
Persistent link: https://www.econbiz.de/10010297388
he paper considers the political obstacles and supports for additional development finance and a number of possible devices through which advantage may be taken of the supports and the obstacles circumvented. It emphasizes the need for effective negotiating alliances among developing-country...
Persistent link: https://www.econbiz.de/10010323521
This paper discusses the so-called commercial approach to microfinance under economic and ethical aspects. It first shows how microfinance has developed from a purely welfare-oriented activity to a commercially relevant line of banking business. The background of this stunning success is the...
Persistent link: https://www.econbiz.de/10010271345
. It then looks at possibilities for the future, including tax deductions, the new ‘global funds’, corporate social …
Persistent link: https://www.econbiz.de/10010279188
tax rates, called fiscal equity, leaving them discretion to implement interpersonal redistribution schemes within their …
Persistent link: https://www.econbiz.de/10010279241
In this paper, we review the theoretical and empirical literature on capital flight. First, we discuss the measurement of capital flight. Next, we provide information on the magnitude as well as the ‘burden’ of capital flight for a selected set of developing countries in four regions of the...
Persistent link: https://www.econbiz.de/10010279273
The world lottery market now amounts to at least US$126 billion in sales. World market sales for all gaming products (public, charitable and commercial) total some US$1 trillion, of which Internet gambling accounts for US$32 billion. This paper assesses the prospects for harnessing this large...
Persistent link: https://www.econbiz.de/10010279276
In analysing proposals for new sources of development funding, there are several issues that arise across the board. What is the role of new sources in relation to existing overseas development assistance? Should we be seeking new sources that generate a double dividend? Can the key elements of...
Persistent link: https://www.econbiz.de/10010279300
Multilateral development banks (MDBs) are an innovative institutional model to channel financing and knowledge to developing countries. In Latin America, the balance of forces between competition and collaboration among MDBs and other sources of development finance have formed a system that is...
Persistent link: https://www.econbiz.de/10010397338