In need of more tax reforms.

Position::THE SCENE

"The most important reforms that need to take place in order to achieve sustainable and inclusive development in Latin America and the Caribbean, are those in the financial and taxing systems of the region." This is the opening line of More than Revenue, a book that was recently published by the Interamerican Development Bank (IDB). The authors state that thanks to the strong growth of most Latin American economies in recent years, and the introduction of changes in financial structures in some of the countries, many of them have experienced a reduction in the public debt ratio. It highlights improvements in the quality and efficiency of tax polities and an...

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