Abeysinghe, Tilak; Jayawickrama, Ananda - In: Journal of Asian Economics 19 (2008) 2, pp. 117-124
Aided by strong economic growth the Singapore government has been able to keep both the tax rate and the government expenditure rate low and yet generate healthy budget surpluses year after year. Although the gap between the tax rate and the government expenditure rate is the obvious source of...
