Economic Policy Reforms 2010 Going for Growth by OECD Publishing

By OECD Publishing

Show description

Read or Download Economic Policy Reforms 2010 Going for Growth PDF

Best encyclopedias & subject guides books

The Law in Plain English for Crafts

• the whole source for craftspeople who're additionally enterprise humans• specialist suggestion from a pioneer in paintings legislation this is the definitive consultant for craftspeople who are looking to effectively take on the company and criminal concerns they face on a daily basis. motives of recent legislation plus a dialogue of recent company varieties one of these s constrained legal responsibility businesses carry this imperative quantity modern.

Towards Coherent Policy Frameworks: Understanding Trade and Investment Linkages

As financial integration maintains, the excellence among family and overseas concerns turns into extra tenuous. bettering coordination and coherence between overseas alternate, funding and household guidelines is of accelerating value for constructing international locations of the Asia-pacific zone to compete successfully and benefit from globalization.

Revenue Statistics 2008: Special feature: Taxing Power of Sub-central Governments

###############################################################################################################################################################################################################################################################

Extra info for Economic Policy Reforms 2010 Going for Growth

Sample text

6 .. .. .. .. .. 4 .. .. .. .. .. 4. 2 r 1. Total tax revenue includes direct taxes, indirect taxes, and social security contributions. Source: OECD, Economic Outlook 86 Database. 12 Automatic fiscal stabilisers led to even larger declines in actual (non cyclically adjusted) tax receipts and provided further support to economic activity, especially in high-tax countries. In last year’s edition of Going for Growth, it was recommended that tax cuts focus on reducing the income and social security tax burden on low-income workers, as a way to both boost short-term spending – as this target group is more likely to spend rather than save additional net earnings – as well as lower the cost of labour and hence cushion employment levels.

2008) suggests that a trade collapse similar to that experienced during the Great Depression could cut long-run GDP per capita levels by between 3% and 6%. This estimate is however surrounded by considerable uncertainty, and amplifying mechanisms may imply an even larger reduction in long-run GDP per capita levels in the presence of such a large trade fall. More restrictive product market regulations and higher other behind-the-borders barriers to trade would also be detrimental to living standards.

O u le O nl y D Br o EC n w increases in exemption levels, and decreases in social security contributions on low-wage workers. Provided they are adequately financed and thereby sustainable, such measures should help boost both short and long-term employment. Countries that cut taxes but did not take such measures included Italy, Japan, Luxembourg, Mexico, Netherlands, Norway, and Turkey. 1. An Virtually all countries undertook at least some action in the area of business or corporate taxation, generally reducing taxes, except in the case of Italy, which raised them.

Download PDF sample

Rated 4.83 of 5 – based on 49 votes