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Using donor-recipient data from 1973 to 2013, we find that reducing foreign aid as a fraction of the recipient’s GDP by 10% improves the bilateral political relation by 2% in the long run. Such a negative relationship is robust for aid with different purposes, for sample averaged over 3 to 5...
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This paper evaluates the impact of globalization on the tax bases of countries at varying stages of development. We see globalization as a process that induces countries to embrace greater trade and financial integration, and macro stabilization. This in turn should shift their tax base from...
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