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|Title:||Mobilizing non-conventional budgetary resources in Asia in the 21st century|
|Citation:||Asher, M.G. (2005). Mobilizing non-conventional budgetary resources in Asia in the 21st century. Journal of Asian Economics 16 (6) : 947-955. ScholarBank@NUS Repository. https://doi.org/10.1016/j.asieco.2005.10.007|
|Abstract:||The 21st century will be characterized by the curtailment of tax policy autonomy and high locational elasticities for economic activities. Resource mobilization tasks for Asian governments will therefore be far more complex. With respect to traditional taxes, base broadening and modernization of tax administration will have to be primary instruments of raising additional revenue rather than rate increases. The paper suggests that Asian countries will need to substantially enhance their capacity to benefit from innovative instruments of resource mobilization. These include public asset restructuring, treasury management, and revenue from creation of property rights, regulatory levies and more effective use of cost recovery and user charges. Resource mobilization and delivery of public services will have to be increasingly linked. An Asia wide tax forum to address common concerns, such as tax avoidance will need to be considered. © 2005 Elsevier Inc. All rights reserved.|
|Source Title:||Journal of Asian Economics|
|Appears in Collections:||Staff Publications|
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