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Distribution neutral fiscal policy refers to a structure of taxes and transfers that keep the income distribution unchanged even after positive or negative shocks to an economy. This is referred to as a Strong Pareto Superior (SPS) allocation which improves the standard Pareto criterion by keeping the degree of inequality, but not the absolute level of income intact. We apply this methodology to India to compute SPS tax rates and determine their proximity to actual tax rates. Limited available data on income and expenditure shows that the official policies so far are close to desired benchmark level. Our methodological contribution will be enriched further with more detailed income tax and transfer data.
The IMF is increasingly emphasizing "high-quality growth" - that is, growth that is sustainable, that is accompanied by appropriate domestic and external balances, that respects the environment, and that is aided by policies that reduce poverty and foster greater equity. This pamphlet focuses on how the IMF works to reduce poverty and improve equity.
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"An important resource for students of modern replication studies . . . Of interest to anyone studying folk technologies in general." ― The Journal of the Royal Anthropological Institute Making arrowheads, blades, and other stone tools was once a survival skill and is still a craft practiced by thousands of flintknappers around the world. In the United States, knappers gather at regional "knap-ins" to socialize, exchange ideas and material, buy and sell both equipment and knapped art, and make stone tools in the company of others. In between these gatherings, the knapping community stays connected through newsletters and the Internet. In this book, avid knapper and professional anthropolog...
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