How Can Tax Law Stimulate Economic Growth and Finance development? INTRODUCTION Tax is one of the most revenue sources where each government relies upon to exist sustainably and discharge its public responsibility. Therefore‚ this essay tries to highlight how this revenue source of the government is controlled and administered to bring economic growth and finance development. Tax law is the mechanism whereby the government designs to ensure the proper collection of its tax. In this connection‚ tax
Premium Economics Tax Taxation
com/index.php?ref=MjBfMTJfMzBfMTJfMV8yN18xNTQ4NDg= Media and economic development Published : Sunday‚ 30 December 2012 M S Siddiqui Bangladesh is a country aspiring to be a member of the middle-income group of states. It has been recognised by some quarters as an ’emerging tiger’ with too many challenges at hand. Bangladesh is the seventh largest country in the world in terms of population. Despite its good performance as recorded by many growth indexes‚ it has been lagging behind in building necessary
Premium Bangladesh Newspaper Economic development
The economic development in India followed socialist-inspired policies for most of its independent history‚ including state-ownership of many sectors; extensive regulation and red tape known as "Licence Raj"; and isolation from the world economy. India’s per capita income increased at only around 1% annualized rate in the three decades after Independence.[1] Since the mid-1980s‚ India has slowly opened up its markets through economic liberalization. After more fundamental reforms since 1991 and their
Premium Economic development Purchasing power parity Economics
Global development is entering a phase where entrepreneurship will increasingly play a more important role. There are at least three reasons for this‚ each particular to certain types of countries. Firstly‚ in the West‚ the managed economy of the 1970s-2000s‚ characterized by reliance on big business and mass production‚ has given way to a so-called entrepreneurial economy. Here knowledge-driven goods and services are now more flexibly provided by smaller firms‚ and the emergence of a creative class
Premium Economics Economic growth Economic development
Ruth Stein believes that fundamentalism is one’s personal “quest” to “violently transcend experiences” of one’s fear of eternal slumber (death) and how the existence of another human being serves as an “obstacle” that distances an individual further from their personal desires. She feels as though fundamentalism is being encapsulated in one’s own personal “comforting straight jacket.” Which I felt is a view that is rarely seen or heard of (at least it is nothing I have seen or heard of). As I was
Premium Religion God Philosophy
What were the central political‚ economic‚ and social developments of the Hellenistic World? The Hellenistic era was the age of Alexander the Great and beyond roughly 300BC-30BC. One of Alexander’s generals was later appointed governor of Egypt and signified an end of the pharaohs of independent Egypt. This was the age of Cleopatra and lasted until the Roman conquests in 30BC. Alexander also appointed a governor for Babylonia as well. This was the age of the rise of the Roman Empire as
Premium Alexander the Great Ancient Greece Greeks
Democracy and Economic Development* Adam Przeworski Department of Politics New York University I examine the mutual relation between political regimes and economic development. An analysis of regime dynamics shows that while the paths to democracy are varied‚ once established for whatever reasons‚ democracies survive in developed countries. Contrary to long-standing arguments‚ political regimes do not affect the rate of investment and of the growth of total income. But since population grows
Premium Democracy Government Oligarchy
system would act as a hindrance to economic development. Thus‚ the single most significant complex of social-control tools for national development is found in the educational system; be it formal or informal. (Uwadia ‚ 2010). It is also accepted that the development of any nation depends largely on the development of the human population in that nation which can majorly be improved through education. Smith (1937) stressed the significance of education in human capital formation. Therefore it follows
Premium Nigeria Education UNESCO
Introduction Growth is a dominant biological activity during the first two decades or so of human life‚ including nine months of prenatal life. It is a basic characteristic of all living organisms. The integrated nature of growth and maturation is largely maintained by constant interaction of genes‚ nutrients‚ hormones‚ and other factors. Healthy growth and development in early years life have a profound effect on health across the life span.(1) The first 1000 days of life are considered as the
Premium Management Employment Strategic management
Determinants of Economic Growth in Developing Countries: A Panel Cointegration Approach Zequn (Charlie) Li December 19‚ 2014 Economics 385 St. Olaf College Abstract Many factors influence the economic growth process. Especially‚ the inflow of foreign direct investment (FDI) has been found to play a crucial role in the economic growth of receiving countries. This paper examines determinants of economic growth in developing countries from 1991 to 2010. Using panel cointegration approach
Premium Economic growth