Taxes, Outward Orientation, and Growth Performance in Korea
Author | : Irene Trela |
Publisher | : World Bank Publications |
Total Pages | : 56 |
Release | : 1990 |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Taxes, Outward Orientation, and Growth Performance in Korea written by Irene Trela and published by World Bank Publications. This book was released on 1990 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax policies have contributed relatively little to Korea's extraordinary growth: less than 10 percent of Korean growth between 1962 and 1982, and about 3 percent of export growth. Indirect tax exemptions (rebates of sales and excise taxes on exports) have contributed far more to growth than have direct measures (mainly corporate tax rebates for exporters).