THE EFFECT OF TAX AND FINANCIAL CONTROL ON ECONOMIC WELFARE IN SUB SAHARAN AFRICA (SSA).
THE EFFECT OF TAX AND FINANCIAL CONTROL ON ECONOMIC WELFARE IN SUB SAHARAN AFRICA (SSA).
No Thumbnail Available
Date
2022
Authors
GORDON, BIAKANANG SILLIM
(7201540003)
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
This study examines the effect of tax and financial control measures on economic
welfare enhancing variables in Sub Saharan Africa (SSA). Regression analysis is used
to investigate this relationship in 48 Sub Saharan African countries. The results indicate
that taxes negatively affect education and consumption expenditure. However,
budgetary and financial management measures positively affect only remittances. In
essence, taxes in SSA are welfare reducing and policy makers should reconsider
measures to make taxes welfare enhancing in the sub region.