An improved physical environment would undoubtedly yield gross benefits to the residents of Ontario. The really challenging question is how should environmental policy be formulated and implemented in order to achieve these benefits with the least amount of social cost? There is a net social...

Public investments are key policy instruments used by governments in pursuing their overall development goals and strategies. Given the limited resources available to an economy, the chosen projects should fit into the overall development strategy, which usually concerns many stakeholder groups....

In this paper we develop an analytical general equilibrium framework to measure the foreign exchange premium and the premium for non-tradable outlays for a country. The framework allows us to capture in a consistent manner the impacts of the sourcing of funds and their expenditure on tradable...

In preparing this paper we have examined all the major tax systems in the Dominican Republic except the property tax. Our focus was both on the short term revenue requirements of the government as well as on the tax reform measures that are needed in order to meet the longer term revenue...

This statement outlines the economic effects of certain features of the existing method of taxation of the foreign operations of the United States petroleum corporations. These tax provisions have allowed the American petroleum companies to largely avoid paying United States tax on their foreign...

In this study, we present an overview of the alternative instruments for pollution control. We have included a review of theoretical foundations of market-based incentive instruments and a discussion of the disadvantages of the market-based incentive approach. Most of the study, however, is...

Recommendations and discussions of the current situation regarding taxation are found in this report: In particular, we believe Palestinian authorities should begin to administer the current system and stabilize tax revenues prior to making significant tax policy changes. We are pleased and...