UESTION FIVEa) What are the shortcomings of a highly centralized system of government, andhow does devolution resolve the failures of the centralized government system?b) Which level of government levies which taxes and why?UESTION SIXa) Discuss the assertion that most tax incentives can be grouped into eitherinvestment promotion incentives or export promotion incentivesc) Discuss the factors that influence the assignment of tax raising powers amongnational and sub- national levels of governmentUESTION SEVENa) Present carefully the Ramsey Rule for Optimal Commodity Taxation.b) Carefully discuss the theory of optimal income taxation and Stern's clarificationconcerning the sameUESTION EIGHTa) What are the four critical challenges developing countries face when attemptingto establish efficient tax systems?b) What factors govern tax policy design and structure?UESTION NINEa) What are the debates and initiatives relating to tax avoidance by multinationalcorporationsb) Discuss the current global initiatives addressing tax base erosion and profitshifting, and exchange of information.UESTION TENa) Distinguish between: public goods, common goods, club goods and privatgoods.b) Explain the meaning of Tragedy of the Commons (also known as tragedy of opeaccess regimes or simply, the open access problem).

Centralized control of a business can have several disadvantages, including stifled creativity,…

a) What are the shortcomings of a highly centralized system of government, and how does devolution resolve the failures of the centralized government syste b) Which level of government levies which taxes and why?

a) What are the shortcomings of a highly centralized system of government, and how does devolution resolve the failures of the centralized government syste b) Which level of government levies which taxes and why?

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter19: Public Choice And Special Interest Group Politics

Section: Chapter Questions

Problem 11QP

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