Domestic Revenue Mobilization and Tax Expenditures in Developing Countries
Agustin Redonda and
Tom Neubig | 11 July 2018
Blog,
Fiscal | Tags:
Domestic Revenue Mobilization,
Tax Expenditures Domestic revenue mobilization (DRM) is a fundamental component of any sustainable development strategy. This is particularly salient in developing countries where low DRM levels are often one of the most important impediments to inclusive economic growth. Whereas external financing – including, e.g. official development assistance
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Financial Stability and Inequality: A Challenge for Macroprudential Regulation
Pierre Monnin | 5 June 2018
Blog,
Monetary | Tags:
Central Banks,
Financial Regulation,
Financial Stability,
Inequality,
Macroprudential Regulation The global financial crisis shed new light on the role that central banks play for financial stability. In response to the financial turmoil, central banks took radical action to stabilize the financial system, by providing liquidity to banks and buying up financial assets. Following these
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Climate Change Adds to Risk for Banks, but EU Lending Proposals Will Do More Harm Than Good
Arnoud Boot and
Dirk Schoenmaker | 17 January 2018
Blog,
Monetary | Tags:
Climate Change,
Financial Stability,
Macroprudential Regulation Climate change is a relevant risk factor for the banking sector, but the European Commission's plan to lower capital requirements for greener investments is irresponsible in encouraging banks to forego proper risk management.
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Shedding Light on Hidden Government Spending: Tax Expenditures
Agustin Redonda and
Tom Neubig | 20 December 2017
Blog,
External,
Fiscal | Tags:
Tax Expenditures Tax expenditures (TEs) are used by governments around the world to promote public policy objectives. Examples include tax deductions on mortgage interest to encourage home ownership and preferential tax treatment of pension savings.
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Fighting Poverty with Taxes
Patricia K. Tong | 21 November 2017
Blog,
Fiscal | Tags:
Inequality,
Poverty,
Tax Expenditures One way the U.S. federal income tax system provides low-income families with financial support is through refundable tax credits. Families can claim refundable tax credits even if they do not owe any tax liability, which allows families with the lowest incomes to receive benefits.
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