By Robert J. Utz
ISBN-10: 0821371959
ISBN-13: 9780821371954
ISBN-10: 0821371967
ISBN-13: 9780821371961
A ways attaining macro-economic and structural reforms mixed with raises in executive spending were the first drivers of Tanzania's development acceleration. As development in govt spending slows, the locomotive for development might want to shift to elevated call for for exports and locally produced items, requiring Tanzania to reinforce considerably its foreign competitiveness, speed up structural swap, and defend the surroundings whereas protecting macroeconomic balance. For Tanzania's bad so that it will take part and take advantage of very important development, a better specialise in rural improvement, better governance of the administration of Tanzania's usual assets, and higher concentrating on of social companies to the negative is advised. winning layout and implementation of a shared progress technique also will require a strengthening of coverage administration and coordination in Tanzania to make sure that scarce human and fiscal assets are successfully deployed.
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Additional info for Sustaining and Sharing Economic Growth in Tanzania (World Bank Country Study)
Example text
Regulations such as mandatory auctions and single license rules for coffee potentially harm the efficiency of markets and reduce farm incomes. Scaled-up investment in agricultural research and a reform of Tanzania’s extension service have important roles to play in supporting farmers in the move to raising crops that yield higher returns. The study highlights the large productivity losses attributable to human diseases that make health intervention an important element of efforts to increase agricultural productivity.
In turn, tax policies have a direct influence on the level of investment and economic activities. OVER VIEW 7 Similarly, public expenditures play an important role not only in improving the environment for economic growth, but also in enhancing the access and quality of public services for the poor. Overall, the Tanzanian tax policy is assessed as being sound and not inimical to growth. However, several measures could enhance the contribution of the tax system to fostering shared growth. First, there remains an urban bias in the tax system: effective tax rates are higher for farmers than for businesses, which are mostly urban.
2 percent from Organisation for Economic Co-operation and Development countries. 4 percent of GDP, because the major investments in the mining sector had been completed and privatization-related FDI had declined. Recent investments in education have a relatively long gestation period before they will lead to an effective increase in the human capital of Tanzania; hence, the contribution of human capital to growth is still small. However, if recent trends in expanding primary and secondary education are sustained, the contribution of human capital to growth is likely to increase.
Sustaining and Sharing Economic Growth in Tanzania (World Bank Country Study) by Robert J. Utz
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