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“Tax Effort” in Developing Countries

“Tax Effort” in Developing Countries »

Source: Finance & Development, September 1969

Volume/Issue: 6/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.


Publication Date: 01 September 1969

ISBN: 9781616352950

Keywords: monetary fund, discounted cash flow, cash flow, international finance corporation

This paper discusses infrastructure development and building of roads in Honduras. The paper highlights that in countries with backward transportation systems, the concept of 'road' takes on an almost philosophical...