30.12.2019Measuring fiscal multipliers for the Belarusian economy
This study is devoted to the theoretical concepts of fiscal multipliers and their assessment for the Belarusian economy, in particular the magnitudes of these multipliers for the revenue and spending parts of the budget of Belarus.
| 30.04.2019Belarus: Comparative Research on Industrial Parks and Special Economic Zones
The study focuses on three issues. First, the paper analyses the Belarusian experience in the creation of special economic zones. Second, we look at how the GSIP has been developing so far and what lessons have been learned from the past experience. Lastly, this paper makes policy recommendations on how to increase the efficiency of the Belarus-China cooperation under the GSIP project.
Kateryna Bornukova|Nataliia Leshchenko|Mikhail Matytsin| 07.03.2019Fiscal Incidence in Ukraine: A Commitment to Equity Analysis
The paper employs the Commitment to Equity framework to present a first attempt at a comprehensive fiscal incidence analysis for Ukraine, encompassing the revenue and expenditures components of the fiscal system, including direct and indirect taxes, as well as direct, indirect, and in-kind transfers.
Anastasia Luzgina|Ilze Vaivode|Janis Volberts|Dr. Erkki Laukkanen|Dr. Ilmari Larjavaara| 10.07.2017Corporate Engagement in Fighting Corruption and Tax Evasion in Construction Sector
This is the Final Report for the project Corporate Engagement in Fighting Corruption and Tax Evasion. The project, financed by the Nordic Council of Ministers, includes three partners: Transparency International Latvia (Delna, host organisation), Transparency International Finland and BEROC, a research institute in Minsk, Belarus. The aim is to engage entrepreneurs in fighting corruption and tax evasion, with a focus on municipal construction procurements in Latvia, Belarus and Finland.
Anastasia Luzgina| 31.12.2016Modern Tax System Transformations
Building an optimal tax system is a strategic objective for any state. Under the conditions of the economy openness, both internal and external factors can have a significant impact on the pace of economic development of a country that affects the level of tax collection. The article both emphasizes the importance of tax system improvement and explains the necessity of tax administration optimization. A tax system approximated to optimal one will be less affected by the negative trends and modern tax administration will reduce costs, increase transparency and the taxpayers’ trust level. The tax system analysis was carried out based on studying the Visegrad Group countries’ experience (the Czech Republic and Poland), as well as Georgia and Belarus. As a result, it was observed a single direction of all countries’ development in the area of the tax system improvement, while the presence of the individual characteristics.
Kirill Shakhnov| 05.10.2016The Tax System of Belarus
This paper provides a comprehensive analysis of taxation in Belarus. I compare the dynamics of the tax rates and the tax revenue in Belarus to the world averages and to other countries of the Eurasian Union. The paper studies the the harmonization of the rates within the union and the efficiency of tax collection. Finally, the two possible reforms of taxation in Belarus and its possible consequences are discussed: an increase of VAT; reintroduction of the progressive personal income tax.