National Well-Being as an Element of Fiscal Policy Aimed at Economic Growth Acceleration
- DOI
- 10.2991/aebmr.k.200312.028How to use a DOI?
- Abstract
This study is reconsidering the current role of taxation regime in what concerns profit distribution within a country, with the division of countries in groups according to the levels of their well-being. The author determines the correlation between taxation regimes’ development and the indices of macroeconomic development. Through such an approach, this study proves that the choice of a specific taxation regime can really influence the rate and success of macroeconomic growth. Moreover, it can influence on how attractive the country is both externally and internally. Finally, the author reaches the conclusion that efficiency of fiscal policy is vitally important for economic growth and trade attractiveness for the absolute majority of today’s countries on this planet.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - P Wajeetongratana PY - 2020 DA - 2020/03/17 TI - National Well-Being as an Element of Fiscal Policy Aimed at Economic Growth Acceleration BT - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020) PB - Atlantis Press SP - 190 EP - 196 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200312.028 DO - 10.2991/aebmr.k.200312.028 ID - Wajeetongratana2020 ER -