
This book stands out in two ways. First, this is cutting edge research. The list of authors reads as a Who’s Who? in the field of fiscal policy analysis in developing countries and the quality of the contributions is very high. Second, the volume moves well beyond the traditional topics. Novel issues include the design of new tax systems when the state is very weak, the fiscal implications of war, assessing the impact of fiscal policy on poverty, and the effect of tax choices on economic growth.—Jan Willem Gunning, Professor, Free University, Amsterdam
Researchers and policy analysts will find this book to be an excellent basis for thinking about a number of difficult fiscal, tax, and budgetary issues facing developing economies. The readings are of high quality and relevant to current policy analysis. The papers contained in this book scream out to policy makers as to why better budgetary practices as outlined in this book are not commonly adopted throughout the world. —Jack Mintz, President and CEO, C.D. Howe Institute, Toronto