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Taxes and bribes: assessing the extraction burden in orderly and disorderly societies
Published online by Cambridge University Press: 21 July 2003
Abstract
Countries with a low GDP per capita generally have a much lower fiscal quota than OECD countries, but many other factors push up the transaction costs in poor economies. High-tax societies provide more security, predictability and organizational discipline. The absence of such conditions is a powerful breeding-ground for corruption. If fiscal payments and bribes are added up to arrive at a composite measure of the ‘extraction burden’ in different countries, we might find that the costs of doing business do not diverge so much in various parts of the world.
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- © Academia Europaea 2003
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