Fiscal Policy In Underdeveloped Countries

Author : Raja J. Chelliah
Publisher : Routledge
Page : 218 pages
File Size : 55,7 Mb
Release : 2010-11-26
Category : Business & Economics
ISBN : 9780415593588

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Fiscal Policy in Underdeveloped Countries by Raja J. Chelliah Pdf

Originally published in 1960, with a second edition in 1969, this book is of special interest for having been the first systematic attempt to discuss problems of fiscal policy from the point of view of promoting economic growth in underdeveloped countries. It deals mainly with problems of tax policy, and outlines the economic principles by which the structure of taxation in developing economies can be constructed and evaluated. The work made a distinct contribution in the field of Development studies by reorienting the theory of fiscal policy originally developed in the economically advanced countries to the problems, requirements and institutional structure of an underdeveloped, over-populated country with a mixed enterprise system.

Author : Raja J. Chelliah
Publisher : Routledge
Page : 217 pages
File Size : 43,6 Mb
Release : 2012
Category : Business & Economics
ISBN : 020383853X

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Fiscal Policy in Underdeveloped Countries by Raja J. Chelliah Pdf

Originally published in 1960, with a second edition in 1969, this book is of special interest for having been the first systematic attempt to discuss problems of fiscal policy from the point of view of promoting economic growth in underdeveloped countries. It deals mainly with problems of tax policy, and outlines the economic principles by which the structure of taxation in developing economies can be constructed and evaluated. The work made a distinct contribution in the field of Development studies by reorienting the theory of fiscal policy originally developed in the economically advanced countries to the problems, requirements and institutional structure of an underdeveloped, over-populated country with a mixed enterprise system.

Author : Eprime Eshag
Publisher : Cambridge University Press
Page : 316 pages
File Size : 51,6 Mb
Release : 1983
Category : Business & Economics
ISBN : 0521270499

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Fiscal and Monetary Policies and Problems in Developing Countries by Eprime Eshag Pdf

Consideration on the use of fiscal and monetary policies in less developed countries to overcome the three sets of obstacles to development largely because of socio-political constraints. The three major obstacles to development are: inadequate investment; misallocation of investment resources; and internal and external imbalance i.e. inflation and balance of payments deficits.

Author : Raja Jesudoss Chelliah
Publisher : Unknown
Page : 176 pages
File Size : 41,7 Mb
Release : 1960
Category : Developing countries
ISBN : UCAL:$B674519

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Fiscal Policy in Underdeveloped Countries by Raja Jesudoss Chelliah Pdf

Author : Mr.Mario I. Bléjer,Mr.Ke-young Chu
Publisher : International Monetary Fund
Page : 404 pages
File Size : 43,8 Mb
Release : 1989-06-15
Category : Business & Economics
ISBN : 1557750343

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Fiscal Policy, Stabilization, and Growth in Developing Countries by Mr.Mario I. Bléjer,Mr.Ke-young Chu Pdf

Edited by Mario I. Blejer and Ke-young Chu, this book investigates linkages among components of the public sector, as well as between macro and micro aspects of fiscal policy, in developing countries. It presents 13 papers prepared by economists of the IMF's Fiscal Affairs Department.

Author : Blanca Moreno-Dodson
Publisher : World Bank Publications
Page : 285 pages
File Size : 53,7 Mb
Release : 2012-11-15
Category : Business & Economics
ISBN : 9780821396315

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Is Fiscal Policy the Answer? by Blanca Moreno-Dodson Pdf

The effects of fiscal policy measures, both taxes and public spending, adopted by developing countries in response to the 2009 global crisis are still uncertain. This book discusses them using an analytical framework that allows for distilling possible implications on growth and social welfare.

Author : Roberto Perotti
Publisher : World Bank Publications
Page : 46 pages
File Size : 53,7 Mb
Release : 2007
Category : Economic development
ISBN : 9787092014498

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Fiscal Policy in Developing Countries: by Roberto Perotti Pdf

This paper surveys fiscal policy in developing countries from the point of view of long-run growth. The first section reviews existing methodologies to estimate the effects of fiscal policy shocks and of systematic fiscal policy, with time series or with cross-sectional methods, and their applicability to developing countries. The second section surveys optimal fiscal policy in developing countries, by considering the role of the intertemporal government budget, and sustainability and solvency. It also reviews the fuzzy debate on "fiscal space" and "macroeconomic space" - and the usefulness (or lack thereof) of these terms for policy analysis. The third section asks what theory tells us about the optimal cyclical behavior of fiscal policy in developing countries. It shows that it very much depends on the assumptions about the interactions between credit market imperfections at the individual, firms, or government level, and on the supply of external funds to the country. Different sets of assumptions lead to different implications about optimal cyclical behavior. The available evidence on the cyclical behavior of fiscal policy, and possible reasons for the observed prevalence of a procyclical behavior in developing countries, is also reviewed. If one agrees that fiscal policy is indeed less countercyclical than we think is optimal, the issue is how to correct the problem. One obvious question is why government do not self-insure, i.e. why they do not accumulate assets in upturns and decumulate them in downturns. This leads to the analysis of fiscal rules and stabilization funds, in the fourth section. The last section concludes with what the author considers important research and policy questions in each part.

Author : Mr.Vito Tanzi,Mr.Howell H. Zee
Publisher : International Monetary Fund
Page : 28 pages
File Size : 48,7 Mb
Release : 2001-01-01
Category : Business & Economics
ISBN : 1589060202

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Tax Policy for Developing Countries by Mr.Vito Tanzi,Mr.Howell H. Zee Pdf

Discusses important tax policy issues facing developing countries today, provides a review of the role of tax incentives, and identifies some policy challenges posed by the globalization of the world economy. Draws on country cases.

Author : Huixin Bi,Ms.Wenyi Shen,Ms.Susan S. Yang
Publisher : International Monetary Fund
Page : 37 pages
File Size : 48,5 Mb
Release : 2014-03-31
Category : Business & Economics
ISBN : 9781475521665

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Fiscal Limits, External Debt, and Fiscal Policy in Developing Countries by Huixin Bi,Ms.Wenyi Shen,Ms.Susan S. Yang Pdf

This paper studies fiscal policy effects in developing countries with external debt and sovereign default risks. State-dependent distributions of fiscal limits are simulated based on macroeconomic uncertainty and fiscal policy specifications. The analysis shows that expected future revenue plays an important role in the low fiscal limits of developing countries, relative to those of developed countries. External debt carries additional risks since large devaluation of the real exchange rate can suddenly raise default probabilities. Consistent with majority views, fiscal consolidations are counterproductive in the short and medium runs. When an economy approaches its fiscal limits, government spending can be less expansionary than in a low-debt state. As more revenue is required to service debt in a high-debt state, higher tax rates raise the economic cost of increasing consumption, reducing the fiscal multiplier.

Author : Mr.Vito Tanzi
Publisher : International Monetary Fund
Page : 244 pages
File Size : 53,9 Mb
Release : 1990-06-15
Category : Business & Economics
ISBN : 9781557751713

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Fiscal Policy in Open Developing Economies by Mr.Vito Tanzi Pdf

Based on papers presented at the 44th Congress of the international Institute of Public Finance, this book, edited by Vito Tanzi, deals with public finance and macroeconomic policy in open, developing economies, with case studies of Chile, Mexico, Turkey, Korea, and the Arab oil exporting countries.

Author : Rashed Al Mahmud Titumir
Publisher : Routledge
Page : 302 pages
File Size : 44,5 Mb
Release : 2021-12-24
Category : Business & Economics
ISBN : 9781000511239

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Fiscal and Monetary Policies in Developing Countries by Rashed Al Mahmud Titumir Pdf

The COVID-19 crisis has fractured the pre-existing structural rigidities and institutional fragilities in the economies of developing countries more than ever, necessitating a rethinking of fiscal and monetary policies, the main vehicles for relief, recovery and reconstruction. This book examines the barriers to transformation in developing countries in the wake of the pandemic and analyses the paths to recovery based on an economic policymaking agenda. It juxtaposes fiscal and monetary policies and state-building from pre- and post-colonial periods to the present-day context. It employs an interdisciplinary approach and ventures beyond the well-rehearsed tendency to explain the state of developing countries by considering the experiences of advanced economies. The book utilises data on three levels: the aggregate level using world data, the single-country context with case studies and a cross-country assessment for comparative analysis. Further, the book critically assesses the relevance of different schools of thought and provides nuanced, thought-provoking theoretical apparatuses applicable to developing countries, as well as allowing the reader to undertake a country-specific analysis through the detailed historical country case studies undertaken in each chapter. Each chapter has a detailed and separate theoretical and empirical section for the ease of understanding of the key propositions in the book. The book will find an audience among scholars and researchers alike, who wish to gain a deeper understanding of the formulation of fiscal and monetary policies, specifically in developing countries. For policymakers and policy advocates, the book will serve as the groundwork for monetary and fiscal policies in the context of developing countries, providing more relevant instruments for transformational pathways.

Author : Raja Jesudoss Chelliah
Publisher : Unknown
Page : 216 pages
File Size : 45,9 Mb
Release : 1969
Category : Electronic
ISBN : OCLC:906095270

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Fiscal Policy in Underdeveloped Countries by Raja Jesudoss Chelliah Pdf

Author : Robert Babbitt Bangs
Publisher : Chicago : University of Chicago Press
Page : 232 pages
File Size : 53,9 Mb
Release : 1968
Category : Political Science
ISBN : STANFORD:36105033995627

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Financing Economic Development by Robert Babbitt Bangs Pdf

Study of problems of fiscal policy and the role thereof in the financing of economic development, with particular reference to developing countries - covers concepts of economic growth, economic administration, budget structures, taxation and the effects of tax income, monetary policy, investment in private enterprise, foreign economic aid, etc. References and statistical tables.

Author : Mr.Sanjeev Gupta,Benedict J. Clements,Ms.Gabriela Inchauste
Publisher : International Monetary Fund
Page : 552 pages
File Size : 54,7 Mb
Release : 2004-09-17
Category : Business & Economics
ISBN : STANFORD:36105115131141

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Helping Countries Develop by Mr.Sanjeev Gupta,Benedict J. Clements,Ms.Gabriela Inchauste Pdf

Sets out principles for conducting fiscal policy in developing countries. Examines the role of public spending in meeting the Millennium Development Goals. Discusses the determinants of fiscal sustainability, the effectiveness of social spending, the limits to absorptive capacity, the volatility of aid flows and their impact on dependency, and a range of other contentious issues.

Author : Roger Gordon
Publisher : Columbia University Press
Page : 321 pages
File Size : 47,5 Mb
Release : 2010-07-05
Category : Political Science
ISBN : 9780231520072

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Taxation in Developing Countries by Roger Gordon Pdf

Taxes are a crucial policy issue, especially in developing countries. Just recently, proposals to raise middle-class taxes toppled the Bolivian government, and plans to extend or increase the value-added tax caused political unrest in Ecuador and Mexico. Despite the impact of tax policy on developing countries, a comprehensive study has yet to be written. Treating Argentina, Brazil, India, Kenya, Korea, and Russia as key case studies, this volume outlines the major aspects of current tax codes and explores their economic and political implications. Examples of both the poorest and wealthiest developing countries, Argentina, Brazil, India, Kenya, Korea, and Russia uniquely demonstrate the diverse fiscal problems of tax reform. Each economy relies heavily on indirect and corporate income taxes, though recently some have reduced their tariff rates and have switched from excise to value-added taxes. There is a large, informal economy in most of these countries, and tax evasion by firms is a significant concern. As a result, tax revenue remains low, even though rates are as high as those in developed economies. Also, unconventional methods to collect revenue have been implemented, including bank debit taxes, state ownership of firms, and implicit taxes on individuals in the informal sector. Exploring these and other concerns, as well as changes in tax law, administration, and fiscal pressures, this comprehensive anthology clarifies the current landscape of tax administration and the economic future of the world's poorer economies.