In this study, an attempt is made to develop estimates of the value of economic rent from production of hydro-electricity. These estimates are made for the year 1979, which is the latest period for which a comprehensive set of data was available at the time this work was undertaken. The...

The 1986 tax reform in Bolivia was comprehensive and highly successful. Since that time the economy has moved from a state of hyperinflation to one of economic stability and growth. As this process continues there will be a need for additional government revenues to develop social and physical...

The use of market-based incentives (MBIs) as mechanism for influencing pollution abatement has increased greatly in recent years. This trend reflects the realization that the integration of economic and environmental decision-making will induce the private sector to take steps to reduce their...

Reengineering or reforming a tax system in low-income countries such as Nepal Malawi or Bolivia is a more challenging, or a more interesting, task than undertaking a tax reform in a typical high income industrial country. The greatest challenge is to design a tax system that will appropriately...

The purpose of this study is to provide an outline of the policy issues that arise when instituting a system of private-funded pension plans. At this time, many countries-particularly those in Eastern Europe and Latin America-are rethinking their past social security policies and considering the...

Roads, electrical generation for facilities, hospitals, schools, housing, and recreational facilities are investments that are often made by mining enterprises in communities where they are operating. Often these enterprises argue that the services generated by this community infrastructure are...

Before discussing the specific proposal of the resource rent tax developed in the paper by Ross Garnaut and Anthony C. Ross the advantages and disadvantages inherent in the four broad takes applicable to the mining sector are considered. In this way, we will have a better understanding of the...

The Himalayan Rivers have an enormous hydropower potential that is still not exploited fully for the benefit of the region. Bhutan and Nepal together have an economically feasible potential of 60,000 MW of hydroelectric power generation capacity but are too weak financially to bear alone the...

The purpose of this study is to develop a model to arrive at a joint optimizing strategy for the use of a given capital budget for the construction of new school buildings and for the repair of the already existing schools. This is to be done in a way that will have the maximum positive impact...

Travel in Metro Manila at present is characterized by high levels of congestion, slow travel speeds, long journey times and limited road capacity. The situation will be further exacerbated due to the expected growth in population and income and the subsequent increase in car ownership. Localized...