Development Viewpoint: Why has Domestic Revenue Stagnated in Low-Income Countries?
Terry McKinley
Editorial:
Centre for Development Policy and Research
Lugar de Editorial:
Londres - Inglaterra
Fecha de Publicación:
2009-11-01
Número de paginas:
2
There has been miserably slow progress in increasing domestic revenue in low-income countries since the 1990s. In order to find out why, this Development Viewpoint draws on an extensive analysis of disaggregated revenue data for low-income countries in sub-Saharan Africa, South and Southeast Asia, and Central Asia.
Based on this analysis, we contend that the reigning ‘tax consensus’ has placed an inordinate emphasis on boosting domestic indirect taxes, and the value added tax (VAT) in particular. These taxes cover domestic goods and services in the formal sector.
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