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Fiscal Monitor (IMF)

Fiscal monitor – Taxing times published by IMF (10/2013). “Results reported in this issue show that the scope to raise more revenue is limited in many advanced economies and, where tax rations are already high, the bulk of the necessary adjustment will have to fall on spending. In emerging market economies and low-income countries, where the potential for raising revenue is often substantial, improving compliance remains a central challenge.”

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