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Publications (7)
– What difference do they make?
The socioeconomic fallout from the ongoing COVID-19 pandemic has brought to the fore discussions on domestic resource mobilization (hereafter DRM). Raising domestic taxes has monopolized policy attention, however, given the attendant and ensuing needs in developing countries, raising savings rates...
Working Paper
pdf
– India’s informal sector firms
How does informal economic activity respond to increased financial inclusion? Does it become more entrepreneurial? Does access to new financing options change the gender configuration of informal economic activity and, if so, in what ways and what directions? We take advantage of nationwide data...
Working Paper
pdf
– The doubly false premise of rules reform
The World Bank’s Doing Business reports have evoked an intense policy debate about whether countries should simplify regulatory rules in order to stimulate investment and growth, or make them more stringent in order to achieve public policy objectives. Both sides of this debate, however, assume that...
– Five key policies assessed
When Narendra Modi became India’s prime minister in spring 2014 the Indian economy was in the doldrums. There was a clear policy paralysis in India’s central government, in large part due to the high profile corruption cases that involved the central government bureaucracy and politicians at the...
– The potential electoral consequences of demonetisation
In the campaign leading up to the Lok Sabha elections in spring 2014, one of the more important promises that Narendra Modi made was to ‘clean up’ the economy by bringing back to India all the illicit money that was purportedly stashed away overseas. After coming into power, the government led by...
In many less developed countries, there is little problem identifying the need for public investment in programmes aimed at improving things such as infrastructure, health and education. The problem comes in delivering them. An important factor in whether these kinds of programmes are successfully...
– What can help?
The ability to raise revenues from taxes – called “fiscal capacity” – is a crucial aspect for the functioning of any state. Being able to tax citizens, and collect revenues efficiently, is a cornerstone of state formation and survival. Secondly, greater fiscal capacity implies greater access of the...
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