Fiscal Constraints, Collection Costs, and Trade Policies

That free trade allows economies in an ideal world to achieve the greatest possible welfare is one of the few undisputed propositions in economics. In reality, however, free trade is rare. The author argues that many developing countries intervene in trade at least partly to raise revenues, and that...

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Bibliographic Details
Main Author: Kubota, Keiko
Language:en_US
Published: World Bank, Washington, DC 2015
Subjects:
GDP
oil
tax
Online Access:http://hdl.handle.net/10986/21460