EconPapers    
Economics at your fingertips  
 

The Fiscal Effects of Tariff Reduction in the Caribbean Community

Amos Peters

Public Economics from EconWPA

Abstract: This paper explores the fiscal effects of tariff reduction for the Caribbean Community.The paper concludes that Caribbean countries are likely to experience short-run revenue shortfall as a consequence of trade liberalization. Indications are that the shortfall could be as much as a 45 per cent decline in customs duties. In order to mitigate this substantial effect, the ongoing efforts at fiscal reform must continue, paying particular attention to lowering tax exemptions, enhancing indirect tax systems, improving tax collection and administration and modifying the tax structure to reflect lower dependence on trade taxes for fiscal receipts.

JEL-codes: D6 D7 H (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-int and nep-pbe
Date: 2005-11-26
Note: Type of Document - pdf; pages: 38
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://econwpa.repec.org/eps/pe/papers/0511/0511018.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwppe:0511018

Access Statistics for this paper

More papers in Public Economics from EconWPA
Series data maintained by EconWPA ().

 
Page updated 2017-08-22
Handle: RePEc:wpa:wuwppe:0511018