Amazon cover image
Image from Amazon.com

Democracies in peril : taxation and redistribution in globalizing economies / Ida Bastiaens and Nita Rudra

By: Contributor(s): Material type: TextTextPublication details: United Kingdom Cambridge University Press 2018Description: 326 pISBN:
  • 9781108454889
Subject(s): DDC classification:
  • 336.0917 BAS-I
Star ratings
    Average rating: 0.0 (0 votes)
Holdings
Item type Current library Collection Shelving location Call number Status Date due Barcode Item holds
Books Books BITS Pilani Hyderabad 330 General Stack (For lending) 336.0917 BAS-I (Browse shelf(Opens below)) Available 40380
Total holds: 0

Globalization is triggering a 'revenue shock' in developing economies. International trade taxes - once the primary source of government revenue - have been cut drastically in response to trade liberalization. Bastiaens and Rudra make the novel argument that regime type is a major determinant of revenue-raising capacity once free trade policies have been adopted. Specifically, policymakers in democracies confront greater challenges than their authoritarian counterparts when implementing tax reforms to offset liberalization's revenue shocks. The repercussions are significant: while the poor bear the brunt of this revenue shortfall in democracies, authoritarian regimes are better-off overall. Paradoxically, then, citizens of democracies suffer precisely because their freer political culture constrains governmental ability to tax and redistribute under globalization. This important contribution on the battle between open societies and the ability of governments to help their people prosper under globalization is essential reading for students and scholars of political economy, development studies and comparative politics.

There are no comments on this title.

to post a comment.
An institution deemed to be a University Estd. Vide Sec.3 of the UGC
Act,1956 under notification # F.12-23/63.U-2 of Jun 18,1964

© 2015 BITS-Library, BITS-Hyderabad, India.