Current Search: Caribbean Area (x) » Criticism and interpretation (x)
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Title
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The impact of the informal economic GDP growth in Latin America and the Caribbean.
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Creator
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Wedderburn, Chantal., College of Business, Department of Economics
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Abstract/Description
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The informal, underground or shadow economy is a significant, growing force throughout Latin America and the Caribbean, contributing to overall output, yet diminishing productivity, congesting public services, and depriving developing nations of potential fiscal revenues. This paper discusses the various definitions and methods of measurement of the informal sector, with the aim of showing the importance of collecting taxes in informal economies. Informal economy participants engage in tax...
Show moreThe informal, underground or shadow economy is a significant, growing force throughout Latin America and the Caribbean, contributing to overall output, yet diminishing productivity, congesting public services, and depriving developing nations of potential fiscal revenues. This paper discusses the various definitions and methods of measurement of the informal sector, with the aim of showing the importance of collecting taxes in informal economies. Informal economy participants engage in tax evasion and avoidance of governmental regulations, therefore the implications of excessive tax burdens and onerous bureaucracy are studied, with a focus on their impact on GDP growth. Informal sector enterprises can greatly contribute to the official, recorded GDP measures if they have significant incentives to joining the formal sector. These incentives are presented and must be considered seriously by policymakers concerned with capturing additional tax revenues and improving economic growth in their nations.
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Date Issued
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2009
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PURL
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http://purl.flvc.org/FAU/186773
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Subject Headings
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Gross domestic product, Gross domestic product, International economic relations, Economic conditions, Economic conditions
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Format
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Document (PDF)
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Title
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The North American Free Trade Agreement as a two-level game and implications for the free trade area of the Americas.
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Creator
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Neubauer, Nicole E., Harriet L. Wilkes Honors College
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Abstract/Description
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The purpose of this paper is to break through the complexity of the NAFTA negotiations in order to reveal some of the contentious issues from three stages of the NAFTA bargaining process: the fast track agreement, the negotiations under President Bush, Sr., and the side payments under President Clinton. Putnam's two-level game theory will help describe how the interests of business, environmental groups, and labor unions influenced the outcome of the NAFTA through their respective win-sets,...
Show moreThe purpose of this paper is to break through the complexity of the NAFTA negotiations in order to reveal some of the contentious issues from three stages of the NAFTA bargaining process: the fast track agreement, the negotiations under President Bush, Sr., and the side payments under President Clinton. Putnam's two-level game theory will help describe how the interests of business, environmental groups, and labor unions influenced the outcome of the NAFTA through their respective win-sets, domestic and international power relations, and side agreements. Extrapolating from Putnam's model and the success in NAFTA bargaining, we can predict that the ongoing Free Trade Area of the Americas (FTAA) negotiations are more likely to succeed if international representatives strategize to create favorable conditions for domestic ratification through understanding the domestic constituencies and win-sets of the players.
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Date Issued
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2005
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PURL
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http://purl.flvc.org/FAU/15869
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Subject Headings
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Free trade, Free trade, Economic development, Social aspects, Foreign economic relations
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Format
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Document (PDF)