Mexico's tax system is a paradox. The tax policy and tax administration reforms of the late 1980s and early 1990s delivered a tax structure that is in many ways comparable, if not superior, to that in many OECD countries. However, Mexico's tax system continues to perform in some fundamental...

The relationship between financial development and economic growth has received a lot of attention in the economic literature in recent years. The consensus finding, which has also become widely accepted by policymakers, is that financial development has a positive, monotonic effect on growth....

The paper uses China's recent experience to investigate the potential tradeoff between economic growth and regional equity in the design of fiscal decentralization policy. Although present in other countries, this policy tradeoff has been particularly relevant to China over the last two decades....

In this report we highlight some of the progress that has been made in the reform of the system of intergovernmental fiscal relations in Macedonia, but we dedicate more space and attention to those areas of the system where challenges still remain. The report is structured along the main pillars...

This report provides estimates of Pakistan’s tax gap by type of tax and describes the methodologies and data used to produce these estimates. A country’s tax gap is the amount of tax that goes uncollected due to non-compliance with the tax law. For estimation purposes, the operational...

The purpose of this study is to review the status of revenue mobilization by sub-national Governments in Pakistan, and to identify reform options that might lead to a higher level of revenues and a better functioning fiscal decentralization. This analysis is based on case studies of Punjab and...

Fiscal decentralization reform, the reform of fiscal relations between different levels of government, is an important fiscal policy issue in many African countries. While for many African nations the decentralized delivery of government goods and services is a relatively new concept, the issue...

One of the most important goals of government policy is to address inequalities in the distribution of income and to try to improve the welfare of the poor. An important part of the theory and practice of public finance is dedicated to conceptualizing and measuring how the revenue and...

Indonesia is engaged in an unprecedented major social and economic experiment in which much authority and responsibility for its governmental expenditures are being decentralized from the national government, largely to the local government level rather than the provincial government level. From...

The fundamental tax reform undertaken in the late 70s by the first democratic governments helped to overcome the antiquated tax regime, kicking off a panoply of other reforms and laying the revenue foundations for the transformation of Spain 's public sector. Indeed, the nature of today's tax...