Countries in the Asia and Pacific region have shown many macroeconomic similarities such as current account surpluses, exchange rate appreciation, export-oriented economies, growth success, etc. This paper argues that there may be one more macroeconomic feature to add to the list: strong tax...

Tax burden has a notable influence on economic development. In an open economy, tax policy of one country may affect economic activity and public revenue in other countries. This observation has led to calls for international tax coordination in the wake of deepening economic integration. The EU...

The European Union Candidate Countries, including Estonia, lag behind the European Union (EU) level of economic and social development. By convergence we usually mean harmonisation of the level of incomes across countries. Convergence also means harmonisation of particular economic indicators,...