Unlocking the Revenue Potential in Kenya

Business & Finance, Economics, Macroeconomics
Cover of the book Unlocking the Revenue Potential in Kenya by Masinde Muyundo, GRIN Verlag
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Masinde Muyundo ISBN: 9783656262350
Publisher: GRIN Verlag Publication: August 23, 2012
Imprint: GRIN Verlag Language: English
Author: Masinde Muyundo
ISBN: 9783656262350
Publisher: GRIN Verlag
Publication: August 23, 2012
Imprint: GRIN Verlag
Language: English

Research Paper (postgraduate) from the year 2012 in the subject Economics - Macro-economics, general, , language: English, abstract: The new world order is one where the flow of external resources especially to emerging economies such as Kenya is shrinking. Indeed, the recent recession in developed countries was a wakeup call to many that the expected resources could one day dry up. This is happening when the need for support is increasing, hence, the need to become self sustainable and to increase the level of resources that can be raised domestically. Domestic resource mobilization (DRM) refers to the savings and investment generated by households, domestic firms, and government. The need for African countries to mobilize domestic resources as a medium-to long-term goal is now widely accepted. In the past, Africa has been rated poorly as relates to saving and investment. A sustained increase in growth rates require higher level of savings and investment, as well as increased investment productivity. Developing countries and those in transition are at present confronting unsustainable fiscal deficits; unabated debt service charges and declining external assistance, seriously affecting their development process. Domestic tax revenues are the most sustainable source of financing for public expenditures in developing countries. The experience with domestic resource mobilization of developing countries over the last 25 years has been mixed. In countries such as Botswana, Israel, Kuwait and Seychelles, the central government revenue's share in GDP has been more than 40 percent on average. The issue of tax compliance is extremely important both to those concerned with the key role increased tax yields can play in restoring macroeconomic balance and to those concerned with tax policy and its effects on the economy in general. However, the ability of developing countries' governments to raise direct tax revenues is constrained by a number of external and internal factors. [...]

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Research Paper (postgraduate) from the year 2012 in the subject Economics - Macro-economics, general, , language: English, abstract: The new world order is one where the flow of external resources especially to emerging economies such as Kenya is shrinking. Indeed, the recent recession in developed countries was a wakeup call to many that the expected resources could one day dry up. This is happening when the need for support is increasing, hence, the need to become self sustainable and to increase the level of resources that can be raised domestically. Domestic resource mobilization (DRM) refers to the savings and investment generated by households, domestic firms, and government. The need for African countries to mobilize domestic resources as a medium-to long-term goal is now widely accepted. In the past, Africa has been rated poorly as relates to saving and investment. A sustained increase in growth rates require higher level of savings and investment, as well as increased investment productivity. Developing countries and those in transition are at present confronting unsustainable fiscal deficits; unabated debt service charges and declining external assistance, seriously affecting their development process. Domestic tax revenues are the most sustainable source of financing for public expenditures in developing countries. The experience with domestic resource mobilization of developing countries over the last 25 years has been mixed. In countries such as Botswana, Israel, Kuwait and Seychelles, the central government revenue's share in GDP has been more than 40 percent on average. The issue of tax compliance is extremely important both to those concerned with the key role increased tax yields can play in restoring macroeconomic balance and to those concerned with tax policy and its effects on the economy in general. However, the ability of developing countries' governments to raise direct tax revenues is constrained by a number of external and internal factors. [...]

More books from GRIN Verlag

Cover of the book Die Umsetzung nationalsozialistischer 'Biopolitik' in Oldenburger Krankenhäusern by Masinde Muyundo
Cover of the book Über Richard Sennet: Der Flexible Mensch by Masinde Muyundo
Cover of the book Die 10-Stundenbewegung am Beispiel der amerikanischen Textilindustrie, 1840 - 1860. Von der Arbeiterinnenbewegung zum Workingmen's Reform Movement by Masinde Muyundo
Cover of the book Das Problem der Tragfähigkeit by Masinde Muyundo
Cover of the book Balanced Scorecard by Masinde Muyundo
Cover of the book Der Auszug aus dem Elternhaus. Deutschland und Finnland im Vergleich by Masinde Muyundo
Cover of the book Probleme des organisationalen Gedächtnisses im Innovationsprozess by Masinde Muyundo
Cover of the book Events. Boom bei Open Air und Festivalveranstaltungen by Masinde Muyundo
Cover of the book Transkriptorische Phänomene by Masinde Muyundo
Cover of the book Mary Ellen Richmond. Begründerin der sozialen Einzelfallhilfe by Masinde Muyundo
Cover of the book Vom individuellen Lernen zur Lernenden Organisation by Masinde Muyundo
Cover of the book Die Interaktion von Eltern und Kind und daraus eventuell resultierende Konflikte - eine Darstellung aus psychoanalytischer Sicht by Masinde Muyundo
Cover of the book Über Tradition - Bedeutung der Tradition heute by Masinde Muyundo
Cover of the book Die Mathematikrallye by Masinde Muyundo
Cover of the book Die Holding Area als Instrument wettbewerblich orientierten OP Managements by Masinde Muyundo
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy