Ces derniegrave;res anneacute;es, le niveau d`imposition de nombreux pays en deacute;veloppement a eacute;volueacute; de faccedil;on spectaculaire sur des peacute;riodes relativement bregrave;ves. Ces changements ont eacute;teacute; trop profonds et trop soudains pour qu`on puisse les imputer...

La preacute;sente eacute;tude a plusieurs objets. Premiegrave;rement, elle preacute;sente une eacute;bauche de theacute;orie positive (donc ayant trait au monde reacute;el) de l`intervention du secteur public. Deuxiegrave;mement, elle contient une analyse relativement approfondie de l`activiteacute; du...

This paper surveys the fiscal landscape of Latin America. It analyzes external and domestic factors that over the years led to the deterioration of the fiscal accounts. It also discusses difficulties that are encountered in pursuing a sound fiscal policy under inflationary conditions. Issues...

The resumption of economic growth in Latin America is predicated on the successful restoration of fiscal discipline and stabilization. In restoring fiscal discipline, the mix of policy instruments should aim at maximizing efficiency in the use of domestic and foreign resources.Poverty...

International coordination of macroeconomic policies has attracted much attention in recent years. The main issue has been whether economic performance can be improved by coordination. Although it is still a controversial issue many economists have argued that coordination would make a positive...

This paper surveys many of the tax reforms that industrial countries have recently carried out or that have proposed to carry out. In addition to describing those reforms, the paper attempts to identify common features. A trait common to many of these reforms is the lowering of the tax rates for...

The paper deals with the activities of Fund staff with taxation. It is made up of four parts. Part I outlines the connection between Fund major activities and taxation. Part II surveys general influences on Fund staff with implications for tax work. Part III outlines the relationship between...

The paper surveys the role of financial markets and fiscal institutions in the transformation process going on in Eastern and Central Europe. It highlights (a) the need to create some sort of quot;social ecological balancequot; necessary for the working of a modern market economy; (b) the need...

The transition from a command to a market economy requires profound reforms of the tax system. Such a transition will put downward pressures on the level of taxation at a time when public expenditure remains high. This paper outlines the main characteristics of the tax systems in...