Verfügbarkeit: The Fiscal Implications of Trade Liberalization

The Fiscal Implications of Trade Liberalization:

Trade liberalization affects not only the external sector, production, and prices, but also the fiscal balance, through changes in tariff revenue, and through the sensitivity of the budget to induced changes in the exchange rate and in the level and distribution of income and employment. This paper...

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Körperschaft:	International Monetary Fund (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1988
Schriftenreihe:	IMF Working Papers
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	Trade liberalization affects not only the external sector, production, and prices, but also the fiscal balance, through changes in tariff revenue, and through the sensitivity of the budget to induced changes in the exchange rate and in the level and distribution of income and employment. This paper discusses the effects of liberalization on the budget, which may differ in the short- and long-run. The short-run cost of adjustment to open trade could force the government to reverse the liberalization even if longer-term benefits could be realized. Long-run budget gains are more likely when the tax and transfer systems are broad, neutral, and efficiently administered
Beschreibung:	1 Online-Ressource (20 p)
ISBN:	1451948271 9781451948271

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spelling	International Monetary Fund Verfasser aut The Fiscal Implications of Trade Liberalization Washington, D.C International Monetary Fund 1988 1 Online-Ressource (20 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Trade liberalization affects not only the external sector, production, and prices, but also the fiscal balance, through changes in tariff revenue, and through the sensitivity of the budget to induced changes in the exchange rate and in the level and distribution of income and employment. This paper discusses the effects of liberalization on the budget, which may differ in the short- and long-run. The short-run cost of adjustment to open trade could force the government to reverse the liberalization even if longer-term benefits could be realized. Long-run budget gains are more likely when the tax and transfer systems are broad, neutral, and efficiently administered Online-Ausg International Monetary Fund Sonstige oth http://elibrary.imf.org/view/IMF001/14952-9781451948271/14952-9781451948271/14952-9781451948271.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	The Fiscal Implications of Trade Liberalization
title	The Fiscal Implications of Trade Liberalization
title_auth	The Fiscal Implications of Trade Liberalization
title_exact_search	The Fiscal Implications of Trade Liberalization
title_exact_search_txtP	The Fiscal Implications of Trade Liberalization
title_full	The Fiscal Implications of Trade Liberalization
title_fullStr	The Fiscal Implications of Trade Liberalization
title_full_unstemmed	The Fiscal Implications of Trade Liberalization
title_short	The Fiscal Implications of Trade Liberalization
title_sort	the fiscal implications of trade liberalization
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