Why Governments Continue to Offer Inefficient Investment Incentives? The Role of Bureaucratic Design
Alexander Slaski and Sarah Bauerle Danzman | 19 March 2021Fiscal, Blog | Tags: Investment, Tax Incentives
Governments worldwide use a myriad of tax incentives to promote investment and yet, there is little evidence that these incentives actually work as intended. Moreover, although the striking lack of transparency makes it hard (if not impossible) to accurately estimate their fiscal cost, the available ... continue reading