Tax Revenue Trends in Latin America and Asia: A Comparative Analysis

Joshua Aizenman, Yothin Jinjarak, Jungsuk Kim, Donghyun Park

Research output: Contribution to journalArticlepeer-review

3 Scopus citations

Abstract

We take stock of and compare tax revenue trends in Latin America and Asia. The tax revenues to GDP ratios increased significantly in both regions in the 2000s, although they remain visibly below European levels. Our analysis portrays a complex picture of the tax collection challenges facing developing countries. Overall, there remains sizable heterogeneity in the revenue performance of developing countries, and across regions. While progress had been constructed, the gap between the advanced economic systems and developing countries suggests ample room for future fiscal developments, and for more disaggregated studies of the tax mobilization challenges facing developing countries in the wake of the worldwide fiscal crisis.

Original languageEnglish
Pages (from-to)427-449
Number of pages23
JournalEmerging Markets Finance and Trade
Volume55
Issue number2
DOIs
StatePublished - 26 Jan 2019
Externally publishedYes

Keywords

  • Asia
  • H20
  • Latin America
  • tax
  • tax administration
  • tax revenues

ASJC Scopus subject areas

  • Finance
  • Economics, Econometrics and Finance (all)

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