Do state holding companies promote the success of private participation in the water sector? Apparently not, judging from experience in four African countries. There are very few functions that state holding companies are better suited for performing than other entities are.When the Gambia,...

This paper examines the relationships between taxation and output in Côte d’Ivoire during the period 1960-2006. The bounds testing approach to cointegration devised by Pesaran et al. (2001) showed that tax variables, except direct tax, and real GDP are cointegrated and positively related in...