Tax Effort in Sub-Saharan Africa

Tax Effort in Sub-Saharan Africa
Author: Ms.Janet Gale Stotsky
Publisher: International Monetary Fund
Total Pages: 58
Release: 1997-09-01
Genre: Business & Economics
ISBN: 1451852940

Many sub-Saharan African countries face difficulty in raising tax revenue for public purposes. This study uses panel data on 43 sub-Saharan African countries during 1990-95 to measure the determinants of the tax share in GDP and to construct a measure of tax effort. The analysis suggests that the countries with a relatively high tax share tend to have a relatively high index of tax effort, although these results are not uniform across the countries. The results can be used to provide guidance on to the proper mix of fiscal policy in the event of budgetary imbalance.

Revenue Mobilization in Developing Countries

Revenue Mobilization in Developing Countries
Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
Total Pages: 86
Release: 2011-08-03
Genre: Business & Economics
ISBN: 1498339247

The Fund has long played a lead role in supporting developing countries’ efforts to improve their revenue mobilization. This paper draws on that experience to review issues and good practice, and to assess prospects in this key area.

FinTech in Sub-Saharan African Countries

FinTech in Sub-Saharan African Countries
Author: Mr.Amadou N Sy
Publisher: International Monetary Fund
Total Pages: 61
Release: 2019-02-14
Genre: Business & Economics
ISBN: 1484385667

FinTech is a major force shaping the structure of the financial industry in sub-Saharan Africa. New technologies are being developed and implemented in sub-Saharan Africa with the potential to change the competitive landscape in the financial industry. While it raises concerns on the emergence of vulnerabilities, FinTech challenges traditional structures and creates efficiency gains by opening up the financial services value chain. Today, FinTech is emerging as a technological enabler in the region, improving financial inclusion and serving as a catalyst for the emergence of innovations in other sectors, such as agriculture and infrastructure.

Sub-Saharan Africa

Sub-Saharan Africa
Author: World Bank
Publisher:
Total Pages: 324
Release: 1989
Genre: Business & Economics
ISBN:

3. Investing in people.

Which Way to Livable and Productive Cities?

Which Way to Livable and Productive Cities?
Author: Kirsten Hommann
Publisher: World Bank Publications
Total Pages: 59
Release: 2019-04-18
Genre: Political Science
ISBN: 1464814058

For African cities to grow economically as they have grown in size, they must create productive environments to attract investments, increase economic efficiency, and create livable environments that prevent urban costs from rising with increased population densification. What are the central obstacles that prevent African cities and towns from becoming sustainable engines of economic growth and prosperity? Among the most critical factors that limit the growth and livability of urban areas are land markets, investments in public infrastructure and assets, and the institutions to enable both. To unleash the potential of African cities and towns for delivering services and employment in a livable and environmentally friendly environment, a sequenced approach is needed to reform institutions and policies and to target infrastructure investments. This book lays out three foundations that need fixing to guide cities and towns throughout Sub-Saharan Africa on their way to productivity and livability.

Property Tax in Africa

Property Tax in Africa
Author: Riël C. D. Franzsen
Publisher:
Total Pages: 484
Release: 2017
Genre: Property tax
ISBN: 9781558443631

"Overview of property tax systems across Africa. Reviews of salient features for 29 countries and four regions (Anglophone, Francophone, Lusophone, North African countries). Chapters offer in-depth discussion of key policy issues (tax base, exemptions and other relief, and tax rate), administrative issues (valuation and assessment, billing, collection, enforcement), and the future of the property tax in Africa"--Provided by publisher.

Resource Blessing, Revenue Curse? Domestic Revenue Effort in Resource-Rich Countries

Resource Blessing, Revenue Curse? Domestic Revenue Effort in Resource-Rich Countries
Author: Ernesto Crivelli
Publisher: International Monetary Fund
Total Pages: 29
Release: 2014-01-14
Genre: Business & Economics
ISBN: 1484351487

This paper uses a newly constructed revenue dataset of 35 resource-rich countries for the period 1992-2009 to analyze the impact of expanding resource revenues on different types of domestic (non resource) tax revenues. Overall, we find a statistically significant negative relationship between resource revenues and total domestic (non resource) revenues, including for the major tax components. For each additional percentage point of GDP in resource revenues, there is a reduction in domestic (non resource) revenues of about 0.3 percentage points of GDP. We find this primarily occurs through reduced effort on taxes on goods and services—in particular, the VAT— followed by a smaller negative impact on corporate income and trade taxes.

The Economic Consequences of Conflict in Sub-Saharan Africa

The Economic Consequences of Conflict in Sub-Saharan Africa
Author: Xiangming Fang
Publisher: INTERNATIONAL MONETARY FUND
Total Pages: 29
Release: 2020-10-30
Genre: Business & Economics
ISBN: 9781513559667

Sub-Saharan Africa has been marred by conflicts during the past several decades. While the intensity of conflicts in recent years is lower than that observed in the 1990s, the region remains prone to conflicts, with around 30 percent of the countries affected in 2019. In addition to immeasurable human suffering, conflicts impose large economic costs. On average, annual growth in countries in intense conflicts is about 2.5 percentage points lower, and the cumulative impact on per capita GDP increases over time. Furthermore, conflicts pose significant strains on countries’ public finances, lowering revenue, raising military spending, and shifting resources away from development and social spending.

Investment and Risk in Africa

Investment and Risk in Africa
Author: Paul Collier
Publisher: Springer
Total Pages: 391
Release: 2016-07-27
Genre: Business & Economics
ISBN: 1349150681

This book brings together academics in the fields of economics, political science, and law, with business practitioners in the fields of risk assessment and portfolio management. Their contributions are sequenced to tell a story. Africa is perceived as being a highly risky continent. As a result, investment is discouraged. These risks are partly exaggerated. However, to the extent that they reflect genuine problems, they are capable of being mitigated by insurance and reduced by political restraints such as central banks, investment charters, and international agreements.