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Regards About Fiscal Competition

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Author Info

  • Mariana Vuta

    (The Academy of Economic Studies, Bucharest)

  • Paula Lazar

    (The Academy of Economic Studies, Bucharest)

Abstract

This paper aims to present the concept of fiscal competition and it’s impact on the “brain-drain” phenomenon, on one side, and, on the other side, the impact of fiscal competition on the financial privacy, through the measures taken at european and world wide levels to fight against the fiscal competition phenomenon. The paper will present the fact that both the fiscal competition phenomenon and the financial privacy are two important aspects of the freedom of the people and that together they are imperative for an harmonious global economic growth. But, at the same time, the fiscal competition phenomenon can have an impact on the “brain-drain” phenomenon, reckoned as an negativ phenomenon who has an negative impact on the source country and, yet, a positive one on the receiver country.

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Bibliographic Info

Article provided by Asociatia Generala a Economistilor din Romania - AGER in its journal Theoretical and Applied Economics.

Volume (Year): 11(528)(supplement) (2008)
Issue (Month): 11(528)(supplement) (November)
Pages: 23-26

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Handle: RePEc:agr:journl:v:11(528)(supplement):y:2008:i:11(528)(supplement):p:23-26

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Related research

Keywords: fiscal competiton; financial privacy; global economic growth; information sharing; Money-laundering.;

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