Fiscal Devaluation and Fiscal Consolidation : The VAT in Troubled Times /
This paper focuses on two core tax design issues that arise in addressing current fiscal challenges. It first explores the idea, prominent in troubled Eurozone countries, of a "fiscal devaluation": shifting from social contributions to the VAT as a way to mimic a nominal devaluation. Empir...
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2012.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2012/085 |
| Online Access: | Full text available on IMF |