world sample is provided to explain at least part of the OECD's better performance. This allows evaluation of Africa …'s generally dismal experience in the wider context of world development.Public deficits are sensitive to short-term domestic and … for these two variables, macroeconomic stability is still significantly lower in Africa than in the rest of the world …

. As main approximators of taxation, implicit tax rates and the World Tax Index are used. Methods and tests of dynamic … complex analysis, it is evident that there exists a non-linear relationship between tax revenues (implicit tax rates, world …