Trade Liberalization and Tax Reform in the Southern Mediterranean Region PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Trade Liberalization and Tax Reform in the Southern Mediterranean Region PDF full book. Access full book title Trade Liberalization and Tax Reform in the Southern Mediterranean Region by Mr.George T. Abed. Download full books in PDF and EPUB format.
Author: Mr.George T. Abed Publisher: International Monetary Fund ISBN: 1451846819 Category : Business & Economics Languages : en Pages : 34
Book Description
The European Union’s Association Agreements with several countries in the Southern Mediterranean Region (SMR) aim to promote deeper economic integration between the SMR and the EU by establishing a free trade area in twelve years. Because a large share of the SMR countries’ total imports comes from the EU, the removal of import tariffs could reduce budgetary revenue by the equivalent of 1 percent to 4 percent of individual countries’ GDP. This paper proposes tax and tariff reforms that would help generate the needed compensatory revenue and, more important in the long run, reduce the distortionary effects of the tax and tariff systems and underpin higher rates of sustainable growth.
Author: Mr.George T. Abed Publisher: International Monetary Fund ISBN: 1451846819 Category : Business & Economics Languages : en Pages : 34
Book Description
The European Union’s Association Agreements with several countries in the Southern Mediterranean Region (SMR) aim to promote deeper economic integration between the SMR and the EU by establishing a free trade area in twelve years. Because a large share of the SMR countries’ total imports comes from the EU, the removal of import tariffs could reduce budgetary revenue by the equivalent of 1 percent to 4 percent of individual countries’ GDP. This paper proposes tax and tariff reforms that would help generate the needed compensatory revenue and, more important in the long run, reduce the distortionary effects of the tax and tariff systems and underpin higher rates of sustainable growth.
Author: Mr.Alexei P Kireyev Publisher: International Monetary Fund ISBN: 1484378377 Category : Business & Economics Languages : en Pages : 47
Book Description
Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their total trade, substantially lower than in all other regional trading blocs around the world. Geopolitical considerations and restrictive economic policies have stifled regional integration. Economic policies have been guided by country-level considerations, with little attention to the region, and are not coordinated. Restrictions on trade and capital flows remain substantial and constrain regional integration for the private sector.
Author: International Monetary Fund. Research Dept. Publisher: International Monetary Fund ISBN: 1451973608 Category : Business & Economics Languages : en Pages : 168
Book Description
This paper presents international evidence on the determinants of trade dynamics. It provides some new empirical perspectives on the relationship between international trade and macroeconomic fluctuations in industrial economies. A comprehensive set of stylized facts concerning fluctuations in trade variables and their determinants is presented. A measure of the quantitative importance of international trade for the propagation of domestic business cycles is then constructed, focusing on the role of external trade as a catalyst for cyclical recoveries.
Author: Bernard M. Hoekman Publisher: World Bank Publications ISBN: 9780821346143 Category : Business & Economics Languages : en Pages : 292
Book Description
"While very diverse in many respects, the Middle East and North Africa (MENA) countries nevertheless also share some common characteristics, including a number of important shared challenges for policymakers."The Middle East and North Africa region has great potential for economic growth and prosperity in the 21st century. Yet, this potential will not be realized unless governments and private sector leaders in the region forge partnerships for development. An indispensable resource for all those working within the international development community, especially within the Middle East and North Africa region, Trade Policy Developments in the Middle East and North Africa offers policy and institutional alternatives to help both parties achieve that goal.This volume describes and analyzes recent trade policy developments in the Middle East and North Africa. Contributorsalmost all economists from the regionreview recent trends in trade performance, assess current trade and investment regimes, and discuss some of the emerging microeconomic policy challenges that confront governments and firms seeking to export and trade. Topics addressed include the need and scope for using regional integration and economic free zones as a tool of development, mobilization of non-trade tax bases, efficient enforcement of product standards to ensure health and safety of citizens, and implementation of modern information technologies to facilitate customs clearance.This book is the second in a series from the Mediterranean Development Forum, a partnership of 10 Middle East and North Africa Region think tanks and the World Bank Institute. This volume will be of interest to development specialists, policymakers, and investors.
Author: Vito Tanzi Publisher: David Rockefeller Center for Latin American Studies ISBN: Category : Business & Economics Languages : en Pages : 452
Book Description
In South and Central America, a movement toward further economic integration has begun. In the hope of expediting the process, and to foster a better understanding of the policy actions required, the Inter-American Development Bank studied the impact of trade integration on taxes. This book collects twelve of these studies.
Author: Dessus Sébastien Publisher: OECD Publishing ISBN: 9264182241 Category : Languages : en Pages : 130
Book Description
The authors of this study highlight the opportunities trade liberaliastion agreements offer for supporting reforms to encourage industrial restructuring through financial transfers, providing incentives for producers to diversify, and securing new markets.
Author: Organisation for Economic Co-operation and Development. Development Centre Publisher: Organisation for Economic Co-Operation and Development ISBN: Category : Business & Economics Languages : en Pages : 144
Book Description
The authors of this study highlight the opportunities trade liberaliastion agreements offer for supporting reforms to encourage industrial restructuring through financial transfers, providing incentives for producers to diversify, and securing new markets.
Author: Mario Mansour Publisher: International Monetary Fund ISBN: 1484365054 Category : Business & Economics Languages : en Pages : 51
Book Description
This paper reviews trends in taxation and revenue in MENA countries over 1990-2012, with a focus on non-resource taxes. On average, non-resource revenues declined slightly, while resource revenues soared. Country experiences vary: rates of main taxes and their revenues tend to be higher in the Magreb than in the Mashreq, except for the value-added tax, where lower rates are associated with equal or higher revenue; most oil producers raise little tax revenues—generally less than 5 percent of GDP—and most have reduced them since the late 1990s. But there are similarities: unlike common experience around the world, income taxes (not indirect taxes) have partially compensated for lost revenue from trade liberalization; revenues from indirect taxes have remained stable; personal income taxes have played an unimportant role as a revenue tool; and fees and stamp duties are significant revenue sources. Looking forward, tax reform challenges will also vary across countries: the Maghreb needs to focus on efficiency-enhancing reforms, especially in capital income and consumption taxes; the Mashreq have some room to increase revenue; and, there are ample opportunities to improve equity and reduce complexity of tax systems in all countries. Finally, the recent decline in oil prices and revenues is a reminder that even resource-rich GCC countries need to lay the basis of a tax system for the future.
Author: Mr.George T. Abed
Author: Mr.George T. Abed
Author: Mr.Alexei P Kireyev
Author: International Monetary Fund. Research Dept.
Author: Vito Tanzi
Author: Franco Praussello
Author: Bernard M. Hoekman
Author: Vito Tanzi
Author: Dessus Sébastien
Author: Organisation for Economic Co-operation and Development. Development Centre
Author: Mario Mansour