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This paper provides a critical analysis of the current consensus on tax reform in developing countries in terms of both efficiency and equity objectives. Drawing on the recent theoretical advances it shows that the emphasis on value-added tax (VAT) as the main instrument for indirect taxation is...
Persistent link: https://www.econbiz.de/10014048508
The current consensus on indirect tax reform in developing countries favors a reduction in trade taxes with an increase … reform of trade taxes and VAT reduces welfare under plausible conditions. Moreover, a VAT base broadening with a revenue …-neutral reduction in trade taxes may also reduce welfare. The results raise serious doubts about the wisdom of the widely implemented …
Persistent link: https://www.econbiz.de/10014032947
Persistent link: https://www.econbiz.de/10011411988
The revival of economic growth in Sub-Saharan Africa is all the more welcome for having followed one of the worst …
Persistent link: https://www.econbiz.de/10012679442
The revival of economic growth in Sub-Saharan Africa is all the more welcome for having followed one of the worst … world, examining their risks and rewards and what they mean for Sub-Saharan Africa. …
Persistent link: https://www.econbiz.de/10014481798