Regulation, not embargo, allows Beijing to shape how other countries and firms adapt to its terms.
Alvin Camba
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Much of Argentina's problems stem from an inefficient tax system, which taxes too little and spends too much.
Source: Carnegie
In an interview with the Argentine Newspaper, La Nacion, Carnegie Endowment Senior Associate, and recently retired Head of the IMF Fiscal Affairs Division, Vito Tanzi commented on the causes and consequences of Argentina's current fiscal predicament. Tanzi argued that much of Argentina's problems stem from an inefficient tax system, referring to Argentina as a country where "people would like to be taxed like Haiti and spend like Europe."
Full text:
http://www.lanacion.com.ar/00/12/17/E02.HTM
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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