|
Showing 1 - 2 of
2 matches in All Departments
Globalization is triggering a 'revenue shock' in developing
economies. International trade taxes - once the primary source of
government revenue - have been cut drastically in response to trade
liberalization. Bastiaens and Rudra make the novel argument that
regime type is a major determinant of revenue-raising capacity once
free trade policies have been adopted. Specifically, policymakers
in democracies confront greater challenges than their authoritarian
counterparts when implementing tax reforms to offset
liberalization's revenue shocks. The repercussions are significant:
while the poor bear the brunt of this revenue shortfall in
democracies, authoritarian regimes are better-off overall.
Paradoxically, then, citizens of democracies suffer precisely
because their freer political culture constrains governmental
ability to tax and redistribute under globalization. This important
contribution on the battle between open societies and the ability
of governments to help their people prosper under globalization is
essential reading for students and scholars of political economy,
development studies and comparative politics.
Globalization is triggering a 'revenue shock' in developing
economies. International trade taxes - once the primary source of
government revenue - have been cut drastically in response to trade
liberalization. Bastiaens and Rudra make the novel argument that
regime type is a major determinant of revenue-raising capacity once
free trade policies have been adopted. Specifically, policymakers
in democracies confront greater challenges than their authoritarian
counterparts when implementing tax reforms to offset
liberalization's revenue shocks. The repercussions are significant:
while the poor bear the brunt of this revenue shortfall in
democracies, authoritarian regimes are better-off overall.
Paradoxically, then, citizens of democracies suffer precisely
because their freer political culture constrains governmental
ability to tax and redistribute under globalization. This important
contribution on the battle between open societies and the ability
of governments to help their people prosper under globalization is
essential reading for students and scholars of political economy,
development studies and comparative politics.
|
You may like...
Midnights
Taylor Swift
CD
R418
Discovery Miles 4 180
Loot
Nadine Gordimer
Paperback
(2)
R398
R330
Discovery Miles 3 300
Loot
Nadine Gordimer
Paperback
(2)
R398
R330
Discovery Miles 3 300
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.