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Printing money can be a hidden form of taxation in developing countries

Sikander, Muneeb (2021) Printing money can be a hidden form of taxation in developing countries. LSE Business Review (25 Nov 2021). Blog Entry.

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Abstract

Printing new money tends to create inflation unless excess money is removed from circulation by higher taxes. Muneeb Sikander writes that governments in emerging economies usually lack the ability to collect higher taxes, especially from the wealthy, and might choose to print money as opposed to taking more financially prudent mechanisms such as raising taxes or carrying out necessary fiscal reforms.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2021 The Author
Divisions: LSE
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HG Finance
Date Deposited: 14 Jan 2022 09:21
Last Modified: 14 Jan 2022 09:21
URI: http://eprints.lse.ac.uk/id/eprint/113031

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