| Description |
x, 348 pages : illustrations ; 24 cm |
| Series |
NBER-East Asia seminar on economics ; v. 1 |
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NBER-East Asia Seminar on Economics (Series) ; v. 1
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| Contents |
7. The Dynamic Efficiency Effect of a Change in the Marginal Capital Income Tax Rate: The Nakasone-Takeshita Tax Reform / Tatsuo Hatta and Hideki Nishioka -- Comment / Medhi Krongkaew -- Comment / Assaf Razin -- 8. The Role of Tax Policy in Korea's Economic Growth / Irene Trela and John Whalley -- Comment / Anne O. Krueger -- 9. Aging of Population, Social Security, and Tax Reform / Yukio Noguchi -- Comment / Hiromitsu Ishi -- Comment / Maria S. Gochoco -- Comment / Charles E. McLure, Jr. -- 10. Bequest Taxes and Accumulation of Household Wealth: U.S.-Japan Comparison / Thomas A. Barthold and Takatoshi Ito -- Comment / Ching-huei Chang -- Comment / Hiromitsu Ishi -- 11. Taxation of Income from Foreign Capital in Korea / Kun-Young Yun -- Comment / Toshihiro Ihori -- Comment / Toshiaki Tachibanaki -- Comment / Twatchai Yongkittikul -- 12. Tax Policy and Foreign Direct Investment in Taiwan / Ching-huei Chang and Peter W. H. Cheng -- Comment / Kwang Choi -- Comment / Toshihiro Ihori |
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Introduction / Takatoshi Ito and Anne O. Krueger -- 1. International Interactions between Tax Systems and Capital Flows / Assaf Razin and Efraim Sadka -- Comment / Toshihiro Ihori -- Comment / John Whalley -- 2. The Role of Taxation in the Development of East Asian Economies / Vito Tanzi and Parthasarathi Shome -- Comment / Joseph Y. Lim -- 3. Japan: Tax Reform in Japan / Masaaki Homma -- Comment / Hiromitsu Ishi -- Comment / Charles E. McLure, Jr. -- 4. United States: The Political Economy of Tax Reforms and Their Implications for Interdependence: United States / Charles E. McLure, Jr. -- Comment / Toshiaki Tachibanaki -- 5. Korea: Tax Reform in Korea / Taewon Kwack and Kye-Sik Lee -- 6. Taiwan: An Appraisal of Business Tax Reform in Taiwan: The Case of Value-Added Taxation / Chuan Lin -- Comment / Ching-huei Chang -- Comment / Kwang Choi |
| Summary |
The rapid emergence of East Asia as an important geopolitical-economic entity has been one of the most visible and striking changes in the international economy in recent years. With that emergence has come an increased need for understanding the problems of interdependence. As a step toward meeting this need, the National Bureau of Economic Research joined with the Korea Development Institute to sponsor this volume, which focuses on the complexities of tax reform in a global economy. Experts from Taiwan, Korea, the Philippines, Japan, and Thailand, as well as the United States, Canada, and Israel examine the major tax programs of the 1980s and their domestic and international economic effects. The authors provide overviews, country studies, and analyses of the effect of taxes on specific economic behavior, including saving and economic growth. The overviews include an examination of the link between taxes and domestic capital formation in open economies, and a look at the similarities and differences in the tax structure of eight East Asian countries. Other papers address broad issues related to tax policy and economic performance. Contributors evaluate the effects of changing the marginal tax rate on income from capital; analyze the relation between Korea's tax structure and its rate of economic growth; study the impact of tax reform and the aging Japanese population on savings; compare and contrast the gift and estate tax systems of the United States and Japan; and examine whether the tax systems of Korea and Taiwan, particularly the taxation of foreign capital, distort resource allocation. Studies of the political and economic interactions that underlie tax reform in the United States, Japan, Korea, and Taiwan reveal that in au of these countries domestic political considerations were far more important than international issues when deciding on tax reforms. Economists, policymakers, and members of the business community will benefit from these studies |
| Analysis |
Asia, East |
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Economic policy |
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International comparisons |
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Overseas item |
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Taxes |
| Notes |
Papers presented at the 1st National Bureau of Economic Research-East Asia Seminar on Economics, held June 1990, Seoul |
| Bibliography |
Includes bibliographical references and indexes |
| Subject |
Taxation -- East Asia
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Taxation -- East Asia -- Congresses.
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Taxation -- East Asia.
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| SUBJECT |
Far East -- Economic policy -- Congresses.
http://id.loc.gov/authorities/subjects/sh2008118551
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Far East -- Economic policy.
http://id.loc.gov/authorities/subjects/sh2008102553
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| Genre/Form |
Conference papers and proceedings.
|
| Author |
Itō, Takatoshi, 1950-
|
|
Krueger, Anne O.
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National Bureau of Economic Research.
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| LC no. |
92009001 |
| ISBN |
0226386678 (alk. paper) |
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