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A recently much debated issue is why observed investment and growth rates inpoor countries are lower than traditional … investment rates is notmonotonic but follows a hump-shaped pattern. The empirical evidence shows thatalthough very poor economies … have very low investment rates there are'intermediately' developed economies that exhibit extremely high investmentrates …
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Tanzania, like most other developing countries, faces numerous economic challenges in striving to achieve sustainable economic growth and development through taxation. In the literature, the debate on how effective taxes are as a tool for promoting economic growth and economic development...
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