01822cas a2200241 a 4500 AALejournalIMF008509 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451950236 1018-5941 BD-DhAAL BD-DhAAL Tanzi, Vito. The Impact of Macroeconomic Policieson the Level of Taxation (andon the Fiscal Balance) in Developing Countries / Vito Tanzi. Washington, D.C. : International Monetary Fund, 1988. 1 online resource (28 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students In recent years the level of taxation of many developing countries has changed dramatically over relatively short periods. These changes are too large and too sudden to attribute fully to a deterioration in tax administration or to changes in the traditional determinants of tax levels. The paper argues that they should be attributed mostly to macroeconomic policies. The paper discusses the connection between tax levels and (a) the real value of the official exchange rate, (b) import substitution policies, (c) trade liberalization, (d) inflation, (e) public debt, (f) financial policies. The paper concludes that more attention should be paid to those relationships and that tax reform should aim at neutralizing some of these effects. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1988/095 Full text available on IMF http://elibrary.imf.org/view/journals/001/1988/095/001.1988.issue-095-en.xml IMF e-Library