Toward A Sustainable and Inclusive Consolidation in Lithuania is popular PDF and ePub book, written by Ms.Nan Geng in 2013-07-03, 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, Toward A Sustainable and Inclusive Consolidation in Lithuania can be Read Online from any device for your convenience.
Toward A Sustainable and Inclusive Consolidation in Lithuania Book PDF Summary
This paper reviews Lithuania’s fiscal consolidation since 2009, assesses the contribution of revenue and expenditure to the consolidation, evaluates the quality of measures, and draws lessons for the future. It finds that, despite having the lowest revenue-to-GDP ratio in the EU, Lithuania’s fiscal adjustment has so far relied mainly on expenditure measures, with the quality of measures deteriorating over time. The analysis also suggests that Lithuania’s tax system, in comparison with other EU countries and regional peers, is skewed toward labor and consumption taxes, and plays a more limited role in income redistribution, especially in the upper income brackets. The paper argues therefore that there is ample scope to implement high quality revenue measures in order to complete the fiscal adjustment in the medium term in a sustainable and inclusive manner.
Detail Book of Toward A Sustainable and Inclusive Consolidation in Lithuania PDF
- Author : Ms.Nan Geng
- Release : 03 July 2013
- Publisher : International Monetary Fund
- ISBN : 9781475514520
- Genre : Business & Economics
- Total Page : 18 pages
- Language : English
- PDF File Size : 12,5 Mb
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