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020 |a 9781484357583 
245 0 0 |a Fiscal Monitor, October 2013  |b Taxing Times 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2013 
300 |a 103 pages 
651 4 |a United States 
653 |a Fiscal stance 
653 |a Public debt 
653 |a Income 
653 |a Finance 
653 |a Public finance & taxation 
653 |a Taxes 
653 |a Fiscal Policy 
653 |a Debts, Public 
653 |a National Government Expenditures and Related Policies: General 
653 |a Health economics 
653 |a Property & real estate 
653 |a Income and capital gains taxes 
653 |a Personal Finance -Taxation 
653 |a Macroeconomics 
653 |a Public financial management (PFM) 
653 |a Taxation 
653 |a Personal Income and Other Nonbusiness Taxes and Subsidies 
653 |a Income tax 
653 |a Macroeconomic and fiscal forecasts 
653 |a Revenue administration 
653 |a Debt Management 
653 |a Debt 
653 |a Aggregate Factor Income Distribution 
653 |a Economic forecasting 
653 |a Fiscal policy 
653 |a Expenditure 
653 |a Sovereign Debt 
653 |a Taxation, Subsidies, and Revenue: General 
653 |a Expenditures, Public 
653 |a Forecasts of Budgets, Deficits, and Debt 
653 |a Budgeting & financial management 
653 |a Public Finance 
653 |a Finance: General 
653 |a Revenue 
653 |a Personal income tax 
710 2 |a International Monetary Fund  |b Fiscal Affairs Dept 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a Fiscal Monitor 
028 5 0 |a 10.5089/9781484357583.089 
856 4 0 |u https://elibrary.imf.org/display/book/9781484357583/9781484357583.xml?cid=40434-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a Persistently high debt ratios in advanced economies and emerging fragilities in the developing world cast clouds on the global fiscal landscape. In advanced economies, with narrowing budget deficits, the average public debt ratio is expected to stabilize in 2013–14—but it will be at a historic peak. At the same time, fiscal vulnerabilities are on the rise in emerging market economies and low-income countries—on the back, in emerging market economies, of heightened financial volatility and downward revisions to potential growth, and in low-income countries, of possible shortfalls in commodity prices and aid. Strengthening fiscal balances and buttressing confidence thus remain at the top of the policy agenda. Against that backdrop, this issue explores whether and how tax reform can help strengthen public finances. Taxation is always a sensitive topic and is now more than ever at the center of policy debates around the world. Can countries tax more, better, more fairly? Results reported in this issue show that the scope to raise more revenue is limited in many advanced economies and, where tax ratios are already high, the bulk of the necessary adjustment will have to fall on spending. In emerging market economies and low-income countries, where the potential for raising revenue is often substantial, improving compliance remains a central challenge