That is the implication of an interesting blog over at the Guardian, which argues that African GDP statistics are woefully inaccurate. A couple of years ago Ghana revised its GDP estimates dramatically upwards, by 60%, and it seems Nigeria is about to follow suit.
Tag: GDP
Tax can promote growth and equity, says the IMF…but how?
The relationship between taxes and growth is hardly an easy topic to resolve in a single blog. But the IMF has been saying some interesting things on this subject recently, not least in a paper I reviewed a couple of weeks ago, which had three notable findings: In middle- and high-income countries, there’s a negative… Continue reading Tax can promote growth and equity, says the IMF…but how?
Corporation tax has no association with GDP growth, says an IMF paper
This is a review of “Tax Composition and Growth: A Broad Cross-Country Perspective,” an IMF working paper by Santiago Acosta Ormaechea and Jia Yoo. Here’s the assumption that I’m going to make in this post: it’s probably not too much of a stretch to say that the consensus among development practitioners is that economic growth… Continue reading Corporation tax has no association with GDP growth, says an IMF paper
Martin Hearson 