The influx of immigrants in developed countries has increased in recent decades. This, together with rapid population aging have stimulated public interest on immigration issues. Thus, some authors have argued that immigration could serve as a remedy for age-related fiscal pressures. However,...

The paper’s objective is to present the affordability and the fiscal pressure, essential indicators, in our opinion, in capitalising every local community’s fiscal policies, specific to the natural person and legal person tax payers. Therefore, these indicators must be considered when...

The article presents a theme of great interest for political parties, public administration representatives and researchers as each country tries to implement those policies that bring about economic growth. This study aims to determine the key role of taxation for achieving economic growth and...

Inside the actual Italian system of the finance of Italian Municipalities the ICI has a double function: allowing the Municipalities to be fiscally independent, by means of the faculty they have to modify its tax rate and its deductions, as well as the way to manage it and, according to article...

VAT represents an indirect tax due to the state budget that includes all phases of the economic circuit, namely manufacturing, services and distribution, up to sales to final consumers. VAT collection is done fractionally, according to the value added at each stage of the economic circuit....

This paper analyzes the linkages between governance quality and country stress events. It focuses on two types of events: fiscal and political stress events, for which two innovative stress indicators are introduced. The results suggest that weaker governance quality is associated with a higher...

This paper assesses the relative strengths and weaknesses of fiscal institutions in ten Southeastern European countries, using recent benchmarking methodologies developed by FAD. The assessment evaluates each country’s understanding of the scale of the fiscal adjustment challenge, its...

The Nicaraguan economy continued to post robust growth in the first half of 2011. The Seventh Review Under the Extended Credit Facility (ECF) and Financing Assurances Review highlights that all quantitative performance criteria for end-June 2011 were met and the structural agenda is broadly on...

Economic conditions in Egypt are favorable, and the economic reform is moving forward. The discussions focused on the elements of a macroeconomic policy. IMF staff discussed the following with authorities: a multiyear fiscal consolidation plan, the monetary policy stance and strategy appropriate...

The article makes reference to the concept of taxation and of fiscal pressure, to its ways of manifestation on account of the level of organization where it is found, of the sphere of tax deductions, of the effective or predicted character. A comparative study on fiscal pressure has been...