Many fiscal reforms in LDC’s have relied on the introduction of a presumptive tax. Aims were to simplify the tax system and to enhance the fiscal base by introducing previously informal enterprises. Theoretical qualities of positive incidence and of redistribution effects have been shown, but...

Gesucht wird nach dem Grund, warum in Madagaskar in den späten 90er Jahren die Vergabe von Bankkrediten deutlich zurückging, obwohl das Bankensystem als solches über eine hohe Liquidität verfügte. Drei Ursachen werden genannt: (1) Zur Bekämpfung inflationären Drucks als Folge der...

This article examines the dynamics of the informal sector in Madagascar during the 1995-2004 period, which was characterized by sustained growth that ended due to a major political crisis. As conventionally assumed by simple dualistic models, the informal sector indeed fulfils a labor-absorbing...