, while the rigidity of expenditure has kept on increasing. Findings Considering the present fiscal and taxation system reform … with the analysis above, it can be seen that if the reform's progress for the past two years is slower than expected - thus … taxation system reform will be reached and challenges entirely different from the past, including sharp slowdown in revenue …

expenditures, as in China and India, the impact was magnified. Increases in recurrent expenditure, which were made in Brazil and … India, acted as short-term stimulants; additional public investment, as in China, appears to have had a more lasting impact … integration, resulting in differential magnitude and timing of the crisis impact. For example, coastal states in India were …

expenditures, as in China and India, the impact was magnified. Increases in recurrent expenditure, which were made in Brazil and … India, acted as short-term stimulants; additional public investment, as in China, appears to have had a more lasting impact … integration, resulting in differential magnitude and timing of the crisis impact. For example, coastal states in India were …