English, Article edition: A note on global taxes and aid for development Howell H. Zee

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Bookmark: http://trove.nla.gov.au/version/28849
Physical Description
  • article
Language
  • English

Edition details

Title
  • A note on global taxes and aid for development
Author
  • Howell H. Zee
Physical Description
  • article
Notes
  • Purpose – The paper aims to investigate the possible crowding-out of regular development aid by global taxes. Design/​methodology/​approach – The paper models cross-country interactions in aid giving using a simple Cournot-Nash framework. Findings – The paper argues that global taxes could lead to an increase in aid-cum-tax revenue if such taxes produce a globally net positive income effect. Whether this condition can be satisfied is very much an open empirical issue. An alternative to global taxes is cooperative aid-giving among donors, which this paper shows will always result in more global aid. Originality/​value – The paper highlights the need for a shift of policy focus from designing global taxes to designing viable mechanisms for effective aid coordination, for which multilateral institutions could play a crucial role.
  • International aid, Taxes
  • RePEc:eme:jespps:v:33:y:2006:i:1:p:5-11
Language
  • English
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