policy initiatives, most notably by the G20, have called for major changes in the tax treatment of financial institutions and … transactions as well as individuals working in the financial sector. This book examines how tax policies contributed to the … system. The book looks at the pros and cons of various tax initiatives, including limiting the tax advantages to debt …

, trade, and macro economy. The book explains how fiscal and monetary stimulus work and the roles of local governments in … policy makers, scholars, students, and public audience working or having interest in the fields of development economics …

education, health care, and infrastructure. Complicating the policy challenges of taxation in developing countries are issues … that most developed countries do not face, including widespread corruption, tax evasion and tax avoidance, and ineffective … revenue. - After a comprehensive and insightful overview, each chapter uses modern empirical methods to study a single …