Re-imagining South Africa’s state structure for inclusive growth
When economies lose momentum and stagnation becomes entrenched, a shift in thinking and action is imperative. So urged Kofi Annan at a Davos panel decades
The value added tax paradox in resource-dependent economies
The introduction of value added taxes has been widely perceived as successful, boosting government revenue and stimulating industrialisation. This contrasts with the empirical finding that,
Tax incentives for R&D can spur innovation and growth—when done right
As the debate around industrial policy intensifies, there is broad consensus on the rationale for government support to encourage private sector innovation. Economy-wide returns from
Bridging the gap: revenue mobilization in South Asia
South Asia is grappling with significant fiscal challenges that affect its governments’ ability to provide essential public services. Although its tax rates are often higher
