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Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has been strong, yet poverty remains high. Underlying the shortage of good livelihoods and high social inequality is the lack of diversification in Africa's economies-in contrast to...
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identity and extent of the efforts of paid lobbyists to influence Federal officials.” Recommendations for reform include …
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Economists recommend to partly redistribute gains to losers from a structural reform, which in many cases may be … required for making the reform politically viable. However, taxation is distortionary. Then, it is unclear that compensatory … transfers can support a Pareto-improving reform. This paper provides sufficient conditions for this to occur, despite tax …
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Economists recommend to partly redistribute gains to losers from a structural reform, which in many cases may be … required for making the reform politically viable. However, taxation is distortionary. Then, it is unclear that compensatory … transfers can support a Pareto-improving reform. This paper provides sufficient conditions for this to occur, despite tax …
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