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This paper explores how fiscal incentives offered to local governments in China affect investment rates in their … governments, we offer a novel explanation for the unusually high investment rate in China that has been sustained over a prolonged …
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Tax avoidance and evasion have an important effect on the economic development of every economy. Developing economies are particularly vulnerable to tax avoidance and evasion due to inadequacies in their institutional framework and the lack of sufficient expertise and resources to monitor the...
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