Fiscal Revenues in South Mediterranean Arab Countries: Vulnerabilities and Growth Potential
This paper reviews the fiscal revenue performance of Southern Mediterranean Arab countries (SMCs) over the last decade and compares this performance with selected middle income and Organization for Economic Cooperation and Development (OECD) countries. These revenues have been declining over the pas...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2002
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Schriftenreihe: | IMF Working Papers
Working Paper No. 02/67 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper reviews the fiscal revenue performance of Southern Mediterranean Arab countries (SMCs) over the last decade and compares this performance with selected middle income and Organization for Economic Cooperation and Development (OECD) countries. These revenues have been declining over the past few years, and this trend is expected to continue because of a fall in mineral receipts and trade liberalization. Individual income tax yields are substantially lower than in other regions but the introduction of the value-added tax has proven to be highly successful. Higher trade protection than in other regions must be reduced, if SMCs are to be integrated into the global economy. Loss of nontax and customs revenues can be offset by reforms in income tax systems, petroleum product pricing, and by ensuring, through flexible exchange rate policies, that competitiveness is maintained |
Beschreibung: | 1 Online-Ressource (17 p) |
ISBN: | 1451848919 9781451848915 |
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spelling | Nashashibi, Karim A. Verfasser aut Fiscal Revenues in South Mediterranean Arab Countries Vulnerabilities and Growth Potential Nashashibi, Karim A Washington, D.C International Monetary Fund 2002 1 Online-Ressource (17 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 02/67 This paper reviews the fiscal revenue performance of Southern Mediterranean Arab countries (SMCs) over the last decade and compares this performance with selected middle income and Organization for Economic Cooperation and Development (OECD) countries. These revenues have been declining over the past few years, and this trend is expected to continue because of a fall in mineral receipts and trade liberalization. Individual income tax yields are substantially lower than in other regions but the introduction of the value-added tax has proven to be highly successful. Higher trade protection than in other regions must be reduced, if SMCs are to be integrated into the global economy. Loss of nontax and customs revenues can be offset by reforms in income tax systems, petroleum product pricing, and by ensuring, through flexible exchange rate policies, that competitiveness is maintained Online-Ausg http://elibrary.imf.org/view/IMF001/02535-9781451848915/02535-9781451848915/02535-9781451848915.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Nashashibi, Karim A. Fiscal Revenues in South Mediterranean Arab Countries Vulnerabilities and Growth Potential |
title | Fiscal Revenues in South Mediterranean Arab Countries Vulnerabilities and Growth Potential |
title_auth | Fiscal Revenues in South Mediterranean Arab Countries Vulnerabilities and Growth Potential |
title_exact_search | Fiscal Revenues in South Mediterranean Arab Countries Vulnerabilities and Growth Potential |
title_exact_search_txtP | Fiscal Revenues in South Mediterranean Arab Countries Vulnerabilities and Growth Potential |
title_full | Fiscal Revenues in South Mediterranean Arab Countries Vulnerabilities and Growth Potential Nashashibi, Karim A |
title_fullStr | Fiscal Revenues in South Mediterranean Arab Countries Vulnerabilities and Growth Potential Nashashibi, Karim A |
title_full_unstemmed | Fiscal Revenues in South Mediterranean Arab Countries Vulnerabilities and Growth Potential Nashashibi, Karim A |
title_short | Fiscal Revenues in South Mediterranean Arab Countries |
title_sort | fiscal revenues in south mediterranean arab countries vulnerabilities and growth potential |
title_sub | Vulnerabilities and Growth Potential |
url | http://elibrary.imf.org/view/IMF001/02535-9781451848915/02535-9781451848915/02535-9781451848915.xml |
work_keys_str_mv | AT nashashibikarima fiscalrevenuesinsouthmediterraneanarabcountriesvulnerabilitiesandgrowthpotential |