Fiscal Policies and Challenges in South Asia
This paper presents a brief overview of the extant fiscal situation in South Asian countries. In particular, I emphasize low tax/GDP ratios and inelastic expenditure/GDP ratios which then lead to structurally entrenched fiscal deficits. The paper also reports on the sustainability of fiscal and current account deficits in the South Asian countries. Finally, the paper reports on some important issues in tax reform in South Asian counties. These include explaining and finding an antidote for low tax/GDP ratios and analyzing the scope for a VAT. Some general principles are enunciated but many of the required reforms have to be context specific.
|Date of creation:||2010|
|Contact details of provider:|| Postal: Crawford Building, Lennox Crossing, Building #132, Canberra ACT 2601|
Phone: +61 2 6125 4705
Fax: +61 2 6125 5448
Web page: https://crawford.anu.edu.au/acde/asarc/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:pas:asarcc:2010-01. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Raghbendra Jha)
If references are entirely missing, you can add them using this form.