Tax Policy for Sustainable Development in Asia and the Pacific

image of Tax Policy for Sustainable Development in Asia and the Pacific

The first analytical research book on financing for development (FFD), in response to the 2030 Agenda and the Addis Ababa Agenda on FFD, focuses on forward-looking tax policies for sustainable development in four priority areas. The city finance chapter discusses challenges and solutions in the context of migration; explores different modalities for municipal fiscal governance, and provides an inventory of tools. The tax incentive policy chapter argues that tax incentives could be driven by tax base protection objectives in addition to investment promotion. The progressive tax policy chapter highlights the potentials of progressive taxation in addressing inequalities. The environmental tax chapter explores green tax policies to support environmental sustainability and highlights various reform experiences.



Prospects for Progressive Tax Policies in Asia and the Pacific

Some 60 years ago, Simon Kuznets suggested, through his famous inverse U-shaped curve, that economic development leads first to a rise in income inequality but when development reaches a more advanced stage inequality “naturally” falls back again. Since then, an extensive debate developed over whether this hypothesis is adequately supported by empirical evidence. His prediction appears to be only half correct: inequality did fall back in developed countries, but only as a result of deliberate public policy interventions and institutional changes.


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error