Fiscal Monitor October 2013 is popular PDF and ePub book, written by International Monetary Fund. Fiscal Affairs Dept. in 2013-10-09, 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 Monitor October 2013 can be Read Online from any device for your convenience.
Fiscal Monitor October 2013 Book PDF Summary
Persistently high debt ratios in advanced economies and emerging fragilities in the developing world cast clouds on the global fiscal landscape. In advanced economies, with narrowing budget deficits, the average public debt ratio is expected to stabilize in 2013–14—but it will be at a historic peak. At the same time, fiscal vulnerabilities are on the rise in emerging market economies and low-income countries—on the back, in emerging market economies, of heightened financial volatility and downward revisions to potential growth, and in low-income countries, of possible shortfalls in commodity prices and aid. Strengthening fiscal balances and buttressing confidence thus remain at the top of the policy agenda. Against that backdrop, this issue explores whether and how tax reform can help strengthen public finances. Taxation is always a sensitive topic and is now more than ever at the center of policy debates around the world. Can countries tax more, better, more fairly? Results reported in this issue show that the scope to raise more revenue is limited in many advanced economies and, where tax ratios are already high, the bulk of the necessary adjustment will have to fall on spending. In emerging market economies and low-income countries, where the potential for raising revenue is often substantial, improving compliance remains a central challenge.
Detail Book of Fiscal Monitor October 2013 PDF
- Author : International Monetary Fund. Fiscal Affairs Dept.
- Release : 09 October 2013
- Publisher : International Monetary Fund
- ISBN : 9781484350423
- Genre : Business & Economics
- Total Page : 104 pages
- Language : English
- PDF File Size : 21,5 Mb
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