This study is literally about missing tax revenues. In an environment of declining public school quality and student test scores, classroom, textbook and teacher shortages, inadequate supplies of public health facilities, roads and ports, not to mention shortfalls in tax collections, where did...

This study updates earlier estimates of the sensitivity of regional investment flows in the Philippines to fiscal incentives - income tax holidays and other fiscal inducements provided by government. All other factors held constant, the strength and significance of the investment-inducing effect...

This study analyzes cross-country data extracted from a large global database to identify the major risks affecting Asian PPP into six major factors: (1) macroeconomic environment; openness of economy; (2) incentive issues during planning, design and contracting phases; (3) political risk; (4)...

This study analyzes the determinants of stress in public-private partnerships (PPPs) in infrastructure investment. While project failures seldom occur, there are many stresses that hinder success. One of these is broad political risk: the prerogative of government executives to make sweeping...