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This report takes an in-depth look, from a policy perspective, at the trade-offs between increasing tax collection and improving the equity of the fiscal system. As part of this effort, the report places the Peruvian tax system in an international context and considers the key challenges the...
Persistent link: https://www.econbiz.de/10012642771
Croatia has made significant economic progress since independence, but the global financial crisis has exposed weaknesses in its economy and growth model. While growth has resumed in 2015, income convergence has been thrown back by the crisis and by the prolonged recession that followed and is...
Persistent link: https://www.econbiz.de/10012700658
The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institute focused on supporting the private sector in emerging economies. Through its work with more than 2,000 companies worldwide, IFC mobilizes capital, expertise, and influence to...
Persistent link: https://www.econbiz.de/10012645709
Over the last sixty years, Ireland has experienced profound economic, social, technological, occupational, cultural … transformation and has been a central component of Ireland's human capital development. Ireland's journey towards prosperity has not … the story of Ireland's remarkable economic and social transformations since the 1960s, with a focus on the contribution …
Persistent link: https://www.econbiz.de/10012700788
As part of the ongoing tax policy dialogue with the Government of Ethiopia, the World BankGroup organized a workshop in Addis Ababa, on June 20, 2016, to discuss tobacco use, its healthimpact, and excise taxes on tobacco as a public policy measure to reduce tobacco use, and hencethe risk of ill...
Persistent link: https://www.econbiz.de/10012646281
Implementing governments need to be prepared to face considerable opposition in introducing and defending a new sugar-sweetened beverage (SSB) tax. Arguments against SSB taxes tend to closely mirror those used against tobacco taxes, including that these taxes are not effective, are regressive...
Persistent link: https://www.econbiz.de/10012647246
Despite decades of impressive economic growth, tax revenues in the Dominican Republic (DR) remain well below the regional average. The DR's tax base is extremely narrow, with extensive exemptions, deductions, zero-ratings, and allowances across all major tax categories. Tax expenditures amounted...
Persistent link: https://www.econbiz.de/10012603646
Global growth is projected to slow significantly in 2023 as continued monetary tightening constrains the credit supply. Tanzania's economy has performed relatively well despite a challenging external environment. The government recognizes that a dynamic private sector fueled both by domestic and...
Persistent link: https://www.econbiz.de/10014454304
The Lao People's Democratic Republic (Laos) is facing economic challenges. The country is experiencing a growth slowdown with high levels of public debt. Growing current expenditure and debt service obligations amid sluggish tax revenue led to a widening fiscal deficit in the early 2010s, which...
Persistent link: https://www.econbiz.de/10014454362
Bulgaria has traditionally adhered to fiscal discipline and prudent fiscal policy since the introduction of its currency board arrangement in mid-1997. After a gradual decline in the 2000s, public debt has remained among the lowest in the European Union (EU), hovering in a narrow band between 17...
Persistent link: https://www.econbiz.de/10014454364