School of Economics | ‘Beggar Thy Neighbour’ Policy Advice
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Anis Chowdhury abd Jomo Kwame Sundaram The harmful effects of falling corporate tax rates have been acknowledged in a recent International Monetary Fund (IMF) research paper. This trend, since the early 1980s, has been especially detrimental for developing countries, which rely on direct taxation much more than developed economies. Acknowledging that existing...