Coordinating Tariff Reduction and Domestic Tax Reform

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451851634
Total Pages : 21 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Coordinating Tariff Reduction and Domestic Tax Reform by : Mr.Michael Keen

Download or read book Coordinating Tariff Reduction and Domestic Tax Reform written by Mr.Michael Keen and published by International Monetary Fund. This book was released on 1999-07-01 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: A key obstacle to fundamental tariff reform in many developing countries is the revenue loss that it ultimately implies. This paper establishes a simple and practicable strategy for realizing the efficiency gains from tariff reform without reducing public revenues, showing that for a small open economy, a cut in tariffs combined with a point-for-point increase in domestic consumption taxes increases both welfare and public revenues. Increasingly stringent conditions are required, however, to ensure unambiguously beneficial outcomes from this reform strategy when allowance is made for such important features as nontradeable goods, intermediate inputs, and imperfect competition.

Coordinating Tariff Reduction and Domestic Tax Reform

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Author :
Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Coordinating Tariff Reduction and Domestic Tax Reform by : Michael Keen

Download or read book Coordinating Tariff Reduction and Domestic Tax Reform written by Michael Keen and published by . This book was released on 2006 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: A key obstacle to fundamental tariff reform in many developing countries is the revenue loss that it ultimately implies. This paper establishes a simple and practicable strategy for realizing the efficiency gains from tariff reform without reducing public revenues, showing that for a small open economy, a cut in tariffs combined with a point-for-point increase in domestic consumption taxes increases both welfare and public revenues. Increasingly stringent conditions are required, however, to ensure unambiguously beneficial outcomes from this reform strategy when allowance is made for such important features as nontradeable goods, intermediate inputs, and imperfect competition.

The Coordinated Reform of Tariffs and Domestic Indirect Taxes

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4./5 ( download)

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Book Synopsis The Coordinated Reform of Tariffs and Domestic Indirect Taxes by : Pradeep Mitra

Download or read book The Coordinated Reform of Tariffs and Domestic Indirect Taxes written by Pradeep Mitra and published by World Bank Publications. This book was released on 1990 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tariff reform for trade liberalization must be seen as part of a broader program of tax reform. Custom duties on imports should be geared chiefly to protection. Reductions in such duties to promote an outward- oriented development strategy should be offset by increases in sales/value- added taxes applied equally to imports and domestic production. That would maintain public revenues and avoid exacerbating macroeconomic dificulties.

Tax Coordination, Tax Competition, and Revenue Mobilization in the West African Economic and Monetary Union

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484338774
Total Pages : 41 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Tax Coordination, Tax Competition, and Revenue Mobilization in the West African Economic and Monetary Union by : Mario Mansour

Download or read book Tax Coordination, Tax Competition, and Revenue Mobilization in the West African Economic and Monetary Union written by Mario Mansour and published by International Monetary Fund. This book was released on 2013-07-09 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: We review the current state of the West African Economic and Monetary Union’s tax coordination framework, against the main objectives of the WAEMU Treaty of 1994: reduce distortions to intra-community trade, and mobilize domestic tax revenue. The process of tax coordination in WAEMU is one of the most advanced in the world—de jure at least—, but remains in many areas ineffective de facto. Nevertheless, the framework has, to some extent, succeeded in converging tax systems, particularly statutory tax rates, and may have contributed to improving revenue mobilisation. Important lessons can be drawn from the WAEMU experience, particularly in terms of whether coordination should take the form of harmonization through a top-down approach, or a softer approach of sharing best practice and limiting certain types of tax competition.

Revenue Mobilization in Developing Countries

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Publisher : International Monetary Fund
ISBN 13 : 1498339247
Total Pages : 86 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Revenue Mobilization in Developing Countries by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Revenue Mobilization in Developing Countries written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2011-08-03 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fund has long played a lead role in supporting developing countries’ efforts to improve their revenue mobilization. This paper draws on that experience to review issues and good practice, and to assess prospects in this key area.

Tariff-Tax Reforms in Large Economies

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Publisher : International Monetary Fund
ISBN 13 : 1475555601
Total Pages : 62 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Tariff-Tax Reforms in Large Economies by : Mr.Giovanni Ganelli

Download or read book Tariff-Tax Reforms in Large Economies written by Mr.Giovanni Ganelli and published by International Monetary Fund. This book was released on 2012-05-01 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies tariff-tax reforms in a calibrated two-region global New Keynesian model composed of a developing and an advanced region. In our baseline calibration, a revenue-neutral reform that lowers tariffs in developing countries can reduce domestic welfare. The reason is that the increase in developing countries welfare due to higher output is dominated by the welfare losses stemming from the deterioration of the terms of trade. On the other hand, the reform increases output and welfare in the advanced countries and in the world as a whole. The effects that we highlight have not been studied in previous contributions to the literature, which typically looks at tariff-tax reforms using a small open economy framework. Nominal rigidities have important implications for adjustment dynamics in our model. In the case of a "point-for-point" reform, for example, price stickiness implies that the international dynamics of output is reversed compared to a revenue neutral reform.

International Trade, Economic Development, and the Vietnamese Economy

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Author :
Publisher : Springer Nature
ISBN 13 : 9811905150
Total Pages : 238 pages
Book Rating : 4.8/5 (119 download)

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Book Synopsis International Trade, Economic Development, and the Vietnamese Economy by : Cuong Le Van

Download or read book International Trade, Economic Development, and the Vietnamese Economy written by Cuong Le Van and published by Springer Nature. This book was released on 2022-05-03 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume spotlights some of the most important economic issues confronting today's emerging developing countries. The topics studied in the book include the importance of productivity to economic growth, international trade and its relationship to productivity; immigration and brain drain; pollution havens, climate change, and the carbon tax; the effectiveness of foreign aid, the efficiency of education, and governance. Written by some of the most respected scholars in their respective fields, the individual chapters apply both economic theory and the most current empirical tools in rigorous but accessible exposition. Researchers can find value in the modeling and empirical techniques that can be applied to other countries and datasets. Policy makers can benefit from the intellectual foundation on which decisions on important issues can be based; and students of international trade, economic development, and environmental economics can gain knowledge of different country settings that give context to their fields of study.

Recent Developments in Normative Trade Theory and Welfare Economics

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Author :
Publisher : Springer
ISBN 13 : 981108615X
Total Pages : 221 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Recent Developments in Normative Trade Theory and Welfare Economics by : Binh Tran-Nam

Download or read book Recent Developments in Normative Trade Theory and Welfare Economics written by Binh Tran-Nam and published by Springer. This book was released on 2018-05-14 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines important topical issues in normative trade theory and welfare economics. In particular, it seeks to investigate how far the potential gainfulness of international trade can be extended in an increasingly globalized world. The first section focuses on the gains from trade in the presence of time-consuming consumption and external increasing returns to scale, which are often neglected in traditional trade theory. The next section considers a range of issues that have practical and policy relevance, including trade liberalization, tax reform, tourism, and international migration. The last section examines the impact of income transfers, both from domestic and international perspectives, and of economic policy making. All chapters of the book are contributed by internationally well-known researchers, including Murray Kemp, Henry Wan, Ngo Van Long and some of Murray Kemp's many colleagues and former students around the world. This book, with its up-to-date information and analysis, will be essential to academics and graduate students in the field of international economics. Trade theorists in research institutions and practicing economists in governmental departments will also find this book of great interest. ​

Tax Systems and Tax Reforms in South and East Asia

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Author :
Publisher : Routledge
ISBN 13 : 1134168322
Total Pages : 308 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Tax Systems and Tax Reforms in South and East Asia by : Luigi Bernardi

Download or read book Tax Systems and Tax Reforms in South and East Asia written by Luigi Bernardi and published by Routledge. This book was released on 2007-01-24 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the present status, recent tax reforms and planned tax policies in some South and East Asia countries since the 1990s. The evidence is presented in a user friendly manner, but at the same time uses technically sophisticated methods. The main countries studied are China, India, Japan, Malaysia, South Korea and Thailand. It is unique for being the first systematic treatment of the topic: hitherto, the information available has been widely dispersed and difficult to access. It should prove to be a natural companion to two previous books on taxation published by Routledge and also edited by Luigi Bernardi.

Foreign Trade Reforms and Development Strategy

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Author :
Publisher : Routledge
ISBN 13 : 1134907095
Total Pages : 209 pages
Book Rating : 4.1/5 (349 download)

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Book Synopsis Foreign Trade Reforms and Development Strategy by : Jean-Marc Fontaine

Download or read book Foreign Trade Reforms and Development Strategy written by Jean-Marc Fontaine and published by Routledge. This book was released on 2005-07-27 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.

Modernizing VATs in Africa

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Publisher : Oxford University Press
ISBN 13 : 0192582372
Total Pages : 400 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis Modernizing VATs in Africa by : Sijbren Cnossen

Download or read book Modernizing VATs in Africa written by Sijbren Cnossen and published by Oxford University Press. This book was released on 2019-07-16 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most African countries are in dire need of more tax revenue. In 28 out of 45 countries with a value-added tax (VAT), total tax revenue as a percentage of GDP is around 15% or less, falling short of what is necessary to finance basic human and economic development. Far from being revenue-raising instruments, current African VATs are riddled with exemptions, exclusions, and zero rates on domestic goods and services that depress revenue, are highly distortionary, and greatly complicate the administration of VAT. Modernizing VATs in Africa enables policymakers, professionals, and students to analyse African tax systems to ascertain how they can be modernized. It explains the case for VAT base-broadening over rate-increasing, arguing that exemptions and zero rates mainly accrue benefits for higher-income groups. Even more persuasively, it demonstrates that the net result of fiscal systems can be equalizing if the revenue of broad-based VATs is used to finance in-kind transfers, such as healthcare and education. VAT modernization should be used to enable governments to finance development; Modernizing VATs in Africa puts a compelling case forward for how and why this can be achieved.

Sustainable Development and Adjustment in the Mediterranean Countries Following the EU Enlargement

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Author :
Publisher : FrancoAngeli
ISBN 13 : 9788846478061
Total Pages : 548 pages
Book Rating : 4.4/5 (78 download)

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Book Synopsis Sustainable Development and Adjustment in the Mediterranean Countries Following the EU Enlargement by : Franco Praussello

Download or read book Sustainable Development and Adjustment in the Mediterranean Countries Following the EU Enlargement written by Franco Praussello and published by FrancoAngeli. This book was released on 2006 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Taxation in the Global Economy

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226705889
Total Pages : 456 pages
Book Rating : 4.2/5 (267 download)

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Book Synopsis Taxation in the Global Economy by : Assaf Razin

Download or read book Taxation in the Global Economy written by Assaf Razin and published by University of Chicago Press. This book was released on 2008-04-15 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: The increasing globalization of economic activity is bringing an awareness of the international consequences of tax policy. The move toward the common European market in 1992 raises the important question of how inefficiencies in the various tax systems—such as self-defeating tax competition among member nations—will be addressed. As barriers to trade and investment tumble, cross-national differences in tax structures may loom larger and create incentives for relocations of capital and labor; and efficient and equitable income tax systems are becoming more difficult to administer and enforce, particularly because of the growing importance of multinational enterprises. What will be the role of tax policy in this more integrated world economy? Assaf Razin and Joel Slemrod gathered experts from two traditionally distinct specialties, taxation and international economics, to lay the groundwork for understanding these issues, which will require the attention of scholars and policymakers for years to come. Contributors describe the basic provisions of the U.S. tax code with respect to international transactions, highlighting the changes contained in the U.S. Tax Reform Act of 1986; explore the ways that tax systems influence the decisions of multinationals; examine the effect of taxation on trade patterns and capital flows; and discuss the implications of the opening world economy for the design of optimal international tax policy. The papers will prove valuable not only to scholars and students, but to government economists and international tax lawyers as well.

Palgrave Handbook of International Trade

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Author :
Publisher : Springer
ISBN 13 : 0230305318
Total Pages : 711 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Palgrave Handbook of International Trade by : David Greenaway

Download or read book Palgrave Handbook of International Trade written by David Greenaway and published by Springer. This book was released on 2016-11-09 with total page 711 pages. Available in PDF, EPUB and Kindle. Book excerpt: International trade is the core foundation of globalisation. This current and up-to-date volume brings together the finest academics working in the field today, containing contributions in key areas of policy research, such as, modelling frameworks, trade policy, trade and migration, trade and the environment, trade and unemployment.

The Kingdom of the Netherlands-Aruba

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484389859
Total Pages : 75 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis The Kingdom of the Netherlands-Aruba by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book The Kingdom of the Netherlands-Aruba written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2018-12-18 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decade, Aruba has faced three recessions resulting in a public debt of approximately 90 percent of GDP. Its current budget deficit needs to be reduced and Aruba should close a fiscal gap of 1.5-2 percent of GDP over the next two to three years to return to a sustainable path. Earlier this year, the authorities have introduced a crisis package, mainly by increasing the turnover taxes. This temporary tax measure should be replaced by a tax reform that will modernize and simplify the current system. The new tax system should not only raise more revenue, but also shift the tax burden away from income and profits toward consumption. The current system is not well equipped to make these changes. In replacing the crisis levy, the Government sees an opportunity to streamline the current tax system, modernize it, and make it more sustainable for the future needs of Aruba.

Economic Development in the Americas Since 1500

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Publisher : Cambridge University Press
ISBN 13 : 1107009553
Total Pages : 449 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Economic Development in the Americas Since 1500 by : Stanley L. Engerman

Download or read book Economic Development in the Americas Since 1500 written by Stanley L. Engerman and published by Cambridge University Press. This book was released on 2012 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines differences in the rates of economic growth in Latin America and mainland North America since the seventeenth century.

Taxing Reforms

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782543404
Total Pages : 216 pages
Book Rating : 4.5/5 (434 download)

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Book Synopsis Taxing Reforms by : Richard Eccleston

Download or read book Taxing Reforms written by Richard Eccleston and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Taxing Reforms is a good short book about the comparative policies of Value Added Taxation (VAT) in Australia, Canada, Japan and the United States. . . Taxing Reforms is a fine book, well worth reading, especially for specialists in the comparative political economy of taxation. . . its richly detailed case studies will make it a fruitful source of comparative hypotheses.' - Isaac W. Martin, Journal of Economic Literature