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Articles 1 - 8 of 8
Full-Text Articles in Social and Behavioral Sciences
Some Effects Of Imf Lending Programs In The Mena Countries, Jorge Martinez-Vazquez, Wasseem Mina
Some Effects Of Imf Lending Programs In The Mena Countries, Jorge Martinez-Vazquez, Wasseem Mina
ECON Publications
The goal of this paper is to examine whether IMF lending programs in the MENA region lead international lenders to perceive lower lending risks and generate moral hazard as reflected in a shift in the maturity composition of international debt toward long-term debt flows. We find that IMF credit in general generated moral hazard in MENA after the IMF large-scale rescue package to Mexico.
The Regional Services Council Levy, Roy W. Bahl, David Solomon
The Regional Services Council Levy, Roy W. Bahl, David Solomon
ECON Publications
South African local governments metropolitan (category A) and district ( category C) municipalities - rely heavily on revenues from the Regional Service Council (RSC) levy. The RSC levy is not one, but two taxes: a flat rate payroll tax and a flat rate turnover tax. This levy allows local governments to tap into the broad revenue bases of payroll and gross receipts, and to generate a significant revenue flow. But the RSC levy has a legal basis that makes it almost impossible to properly administer, and as a result it fails when measured against most of the criteria for a …
Integrating Fiscal Decentralization Reforms And The Challenge Of Implementation, Paul Smoke, Roy W. Bahl, Andrew Reschovsky, Larry Schroeder, Peter Vaz
Integrating Fiscal Decentralization Reforms And The Challenge Of Implementation, Paul Smoke, Roy W. Bahl, Andrew Reschovsky, Larry Schroeder, Peter Vaz
ECON Publications
South Africa's struggles with an ambitious and complex fiscal decentralization program are presented in detail in the first six chapters of this book. In this chapter, we summarize our key findings and turn to a discussion of the way forward with the assignment of powers and functions, the development of local sources of revenue, and the redesign of the intergovernmental transfer system. We give special emphasis to the interrelationships among the pieces of the fiscal decentralization system. We also briefly consider two dimensions of the system - development transfers to support capital investment and municipal borrowing powers - that are …
Overview Of The Local Government Revenue System, Roy W. Bahl, Paul Smoke, David Solomon
Overview Of The Local Government Revenue System, Roy W. Bahl, Paul Smoke, David Solomon
ECON Publications
No abstract provided.
Overview Of Fiscal Decentralization In South Africa, Roy W. Bahl, Paul Smoke
Overview Of Fiscal Decentralization In South Africa, Roy W. Bahl, Paul Smoke
ECON Publications
No abstract provided.
Fiscal Decentralization: The Provincial – Local Dimension, Roy W. Bahl, Sally Wallace
Fiscal Decentralization: The Provincial – Local Dimension, Roy W. Bahl, Sally Wallace
ECON Publications
No abstract provided.
Institutions, Paradigms, And Tax Evasion In Developing And Transition Countries, James Alm, Jorge Martinez-Vazquez
Institutions, Paradigms, And Tax Evasion In Developing And Transition Countries, James Alm, Jorge Martinez-Vazquez
ECON Publications
No abstract provided.
The Uneasy Case Against Discriminatory Excise Taxation: Soft Drink Taxes In Ireland, Roy W. Bahl, Richard M. Bird, Mary Beth Walker
The Uneasy Case Against Discriminatory Excise Taxation: Soft Drink Taxes In Ireland, Roy W. Bahl, Richard M. Bird, Mary Beth Walker
ECON Publications
This study uses an empirical case study to investigate the revenue implications of reducing a discriminatory excise tax. The case study is Ireland, which provides a natural experiment because it has both imposed and removed such a discriminatory tax (on soft drinks) in the past two decades. The authors find that soft drink consumption is price elastic, income elastic, and sensitive to weather. They estimate that 30% of the amount of surrendered excise tax revenue is recaptured by the value-added tax and income tax. The remaining 70% loss is further reduced by a small reduction in welfare costs, elimination of …