This article intends to provide an overview of the significance of a country’s tax environment in economic growth and development.It examines the effects of taxation on the most important factors of economy such as i...This article intends to provide an overview of the significance of a country’s tax environment in economic growth and development.It examines the effects of taxation on the most important factors of economy such as investment,labour supply and environment.The last factor,the environment,has received more attention in recent years as many agree that economic growth must be sustainable.The authors also point out that there is an interaction between taxes and the entire tax system,rather than a single tax in isolation,which should be looked at when assessing the influence of taxation on economic growth.Moreover,an introduction is given to IBFD’s TAx-Ray Assessment that measures operational ability of tax administrations with a view to improving the effectiveness and efficiency in their efforts of the implementation,administration and enforcement of tax laws.展开更多
The Maputo Development Corridor along the N4 toll road between the north-eastern provinces of South Africa and Maputo （the capital and main port of Mozambique） was initiated in 1996. A Development Corridor can be se...The Maputo Development Corridor along the N4 toll road between the north-eastern provinces of South Africa and Maputo （the capital and main port of Mozambique） was initiated in 1996. A Development Corridor can be seen as a concept to elevate an area to a certain level of development. One of the objectives of this project was investment in transport infrastructure in order to create an enabling environment for economic growth and development. The project is also in line with the 1995 Spatial Development Initiatives of the South African Government that attempt to improve investment in those areas were the greatest potential for growth exists. This paper addresses economic wealth creation within the broader region that the N4 toll road and the corridor currently serve. The research revealed that the areas closer to the N4 corridor had higher growth in terms of economic output as measured by Gross Valued Added than those further removed. There were a stronger correlation between growth in employment and proximity to the road corridor for the manufacturing, construction, trade and transport sectors. Analysis done also shows that income per capita has grown at a faster rate in areas closer to the corridor that areas further removed.展开更多
China has witnessed consistent economic growth and development in the past two decades and half in spite of the significant downturn recorded in the global economic performance during part of the period of this dramat...China has witnessed consistent economic growth and development in the past two decades and half in spite of the significant downturn recorded in the global economic performance during part of the period of this dramatic achievement. Principally, the Chinese economic development is the direct outcome of the economic restructuring embarked in 1978. Of interest is the fact that while the one time economically fragile communist nation has made such a tremendous progress within a period of less than three decades, most of the developing countries in the Sub-Saharan Africa, particularly Nigeria, the sub regional power that engaged in similar economic reforms in 1986 has performed grossly below expectation in spite of its economic potentials. Why this sharp variation in the outcomes of the reforms in the two nations, what＇s the missing link in the Nigerian economic reforms？ This paper basically provides the response to these fundamental questions in its comparative analysis of the two distant economies and draws significant lessons for the less successful SSA economies undergoing economic reforms.展开更多
文摘This article intends to provide an overview of the significance of a country’s tax environment in economic growth and development.It examines the effects of taxation on the most important factors of economy such as investment,labour supply and environment.The last factor,the environment,has received more attention in recent years as many agree that economic growth must be sustainable.The authors also point out that there is an interaction between taxes and the entire tax system,rather than a single tax in isolation,which should be looked at when assessing the influence of taxation on economic growth.Moreover,an introduction is given to IBFD’s TAx-Ray Assessment that measures operational ability of tax administrations with a view to improving the effectiveness and efficiency in their efforts of the implementation,administration and enforcement of tax laws.
文摘The Maputo Development Corridor along the N4 toll road between the north-eastern provinces of South Africa and Maputo （the capital and main port of Mozambique） was initiated in 1996. A Development Corridor can be seen as a concept to elevate an area to a certain level of development. One of the objectives of this project was investment in transport infrastructure in order to create an enabling environment for economic growth and development. The project is also in line with the 1995 Spatial Development Initiatives of the South African Government that attempt to improve investment in those areas were the greatest potential for growth exists. This paper addresses economic wealth creation within the broader region that the N4 toll road and the corridor currently serve. The research revealed that the areas closer to the N4 corridor had higher growth in terms of economic output as measured by Gross Valued Added than those further removed. There were a stronger correlation between growth in employment and proximity to the road corridor for the manufacturing, construction, trade and transport sectors. Analysis done also shows that income per capita has grown at a faster rate in areas closer to the corridor that areas further removed.
文摘China has witnessed consistent economic growth and development in the past two decades and half in spite of the significant downturn recorded in the global economic performance during part of the period of this dramatic achievement. Principally, the Chinese economic development is the direct outcome of the economic restructuring embarked in 1978. Of interest is the fact that while the one time economically fragile communist nation has made such a tremendous progress within a period of less than three decades, most of the developing countries in the Sub-Saharan Africa, particularly Nigeria, the sub regional power that engaged in similar economic reforms in 1986 has performed grossly below expectation in spite of its economic potentials. Why this sharp variation in the outcomes of the reforms in the two nations, what＇s the missing link in the Nigerian economic reforms？ This paper basically provides the response to these fundamental questions in its comparative analysis of the two distant economies and draws significant lessons for the less successful SSA economies undergoing economic reforms.
