Domestic public resources
- Author: United Nations
- Main Title: Report of the Inter-agency Task Force on Financing for Development 2019 , pp 31-51
- Publication Date: April 2019
- DOI: https://doi.org/10.18356/018434f8-en
- Language: English
Revenue is not an end in itself; it is a means for Governments to finance the expenditure necessary to achieve sustainable development and policy goals. The fiscal system plays several roles. It finances the provision of public goods, sets incentives for the behaviour of private actors, and promotes equity. It also supports macroeconomic stabilization and can be used to stimulate growth during economic slowdowns. While median tax-to-gross-domestic-product (GDP) ratios have increased, there is still a large gap between public resources and financing needs to achieve the Sustainable Development Goals (SDGs).
© United Nations
ISBN (PDF):
9789210479196
Book DOI:
https://doi.org/10.18356/9444edd5-en
Related Subject(s):
Economic and Social Development
;
International Trade and Finance
;
United Nations
Sustainable Development Goals:
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