Fiscal Devaluation and Fiscal Consolidation is popular PDF and ePub book, written by Ruud A. de Mooij in 2012-03-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Fiscal Devaluation and Fiscal Consolidation can be Read Online from any device for your convenience.
Fiscal Devaluation and Fiscal Consolidation Book PDF Summary
This paper focuses on two core tax design issues that arise in addressing current fiscal challenges. It first explores the idea, prominent in troubled Eurozone countries, of a "fiscal devaluation": shifting from social contributions to the VAT as a way to mimic a nominal devaluation. Empirical evidence is presented which suggests that in Eurozone countries this may indeed improve the trade balance in the short-run, though, as theory predicts, the effects eventually disappear. The paper then assesses the wider scope for VAT reform in meeting fiscal consolidation needs, developing and beginning to apply a methodology for finding additional VAT revenue in ways less distortionary and fairer than further raising the standard rate.
Detail Book of Fiscal Devaluation and Fiscal Consolidation PDF
- Author : Ruud A. de Mooij
- Release : 01 March 2012
- Publisher : International Monetary Fund
- ISBN : 9781475502480
- Genre : Business & Economics
- Total Page : 49 pages
- Language : English
- PDF File Size : 21,9 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book Fiscal Devaluation and Fiscal Consolidation by Ruud A. de Mooij, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.