Taxation and Post-Crisis Economies
Sophal Ear Keynotes - The keynotes by Sophal Ear are steeped in unique insights on the effectiveness of foreign aid and...
In this brief intellectual chat, Sophal Ear relates his thorough knowledge of the impact of foreign aid on developing nations, specifically on countries where monetary aid is a permanent fixture. In many of these countries, Ear says, taxation and the overall domestic revenue is extremely low, meaning that the government is unable to finance the needs of the nation. While foreign aid can be of great use, Ear emphasizes that it does not prepare the country for sustainable development and growth, and often encourages corruption and conflict.
The relationship between accountability of government and taxation is also high, which Ear has observed as a particular obstacle for democracy.