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Effect of sovereign risk and debt-side governance on cross-border infrastructure risk premium in a developing nation: The case of Kenya
IF 2 3区 经济学 Q2 DEVELOPMENT STUDIES Pub Date : 2025-04-09 DOI: 10.1111/dpr.70010
Salome Oyuga, Edward Godfrey Ochieng, Geoffrey Ngene

Motivation

Developing countries' reliance on foreign capital for large-scale infrastructure projects makes sovereign risk premium and debt-side governance practices key determinants of cross-border infrastructure risk premiums.

Purpose

This study estimates the effect of international sovereign bond spreads (systematic risk) and debt-side governance (unsystematic risk) on cross-border infrastructure risk premiums in Kenya's major infrastructure projects from 2011 to 2020.

Approach and methods

We use pooled and random-effects panel data analysis of secondary data.

Findings

The findings show that rising international sovereign bond spreads (ranging from 9.6% to 32.39%), corruption levels, external debt-to-import ratios, loan utilization rates, disbursement delays, and climate risk disclosure significantly contributed to increasing cross-border infrastructure risk premiums. The interaction between bond spreads and corruption had a compounding effect in increasing cross-border infrastructure risk premiums. On the other hand, longer loan maturities, higher internal rates of return, substantial government involvement, and a rising external debt to total investment ratio reduce project risk premiums.

Policy implications

These findings underscore the need for Kenya's modern Public Debt Management Office and infrastructure execution institutions to reduce external borrowing costs through governance reforms that improve transparency, project oversight, and environmental standards. By strengthening debt-side governance, Kenya can reduce its external borrowing costs and improve the sustainability of infrastructure-led debt. As such, the study offers actionable insights for low- and middle-income countries, emphasizing the role of modern sovereign debt management tools that target sustainability and strategic governance reforms at the project level in attracting more favourable borrowing rates for infrastructure financing.

动因 发展中国家的大型基础设施项目依赖外国资本,这使得主权风险溢价和债务方治理措施成为跨境基础设施风险溢价的关键决定因素。 目的 本研究估算了国际主权债券利差(系统性风险)和债务方治理(非系统性风险)对 2011 年至 2020 年肯尼亚大型基础设施项目跨境基础设施风险溢价的影响。 方法 我们对二手数据进行了汇总和随机效应面板数据分析。 研究结果 研究结果表明,国际主权债券利差(从 9.6%到 32.39%不等)、腐败程度、外债与进口比率、贷款利用率、付款延迟和气候风险披露的上升大大增加了跨境基础设施风险溢价。债券利差与腐败之间的交互作用对跨境基础设施风险溢价的增加具有复合效应。另一方面,较长的贷款期限、较高的内部收益率、政府的大量参与以及外债与总投资比率的上升都会降低项目风险溢价。 政策影响 这些研究结果突出表明,肯尼亚的现代公共债务管理办公室和基础设施执行机构需要通过治理改革来提高透明度、项目监督和环境标准,从而降低外部借贷成本。通过加强债务方治理,肯尼亚可以降低外部借贷成本,提高以基础设施为主导的债务的可持续性。因此,本研究为中低收入国家提供了可操作的见解,强调了针对可持续性的现代主权债务管理工具和项目层面的战略治理改革在为基础设施融资吸引更优惠借贷利率方面的作用。
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引用次数: 0
Financing development at a crossroads: What's at stake and what reforms are needed?
IF 2 3区 经济学 Q2 DEVELOPMENT STUDIES Pub Date : 2025-04-09 DOI: 10.1111/dpr.70009
Annalisa Prizzon
<p><b><i>Finance may not be a sufficient ingredient for development</i></b>, but it is a necessary one. The need for finance to address crises and the consequences of these for development is mounting. The COVID-19 pandemic slowed or even reversed development trajectories in many low- and middle-income countries. Global and national development goals are now further away, and to make progress require more finance than was initially estimated. The impact of cross-border challenges, notably climate change, has become more tangible and widespread. We not only have more crises, but also longer-lasting ones, blurring even further the line between humanitarian and development assistance. Urgent action is needed to turn the tide.</p><p><b>But finance is either insufficient or doesn't reach the countries most in need</b>. Traditional foreign aid might have gone up in absolute terms, but the main drivers of this increase have been growing assistance to Ukraine and more spending to support refugees in donor countries (counted as foreign aid despite being spent domestically). In early 2025, many development partners—including Belgium, the Netherlands, and the UK—announced significant cuts to their development budgets. As we write, the largest development partner by volume of assistance and reach, the United States—has slashed its foreign aid programmes at a single stroke.</p><p>At the same time, <b>the</b> donor architecture has become more and more complex, <b>with a proliferation of bilateral and multilateral donors and facilities</b>. A highly fragmented system of donor providers translates into greater pressure on the public systems of the Global South, higher transaction costs, and fewer economies of scale.</p><p><b><i>Changes to the operations and business models of multilateral development banks (MDBs) have dominated the debate about the reform of the international financial architecture</i></b>. Despite MDBs being among the few financiers providing relatively cheap loans, their financial contributions remain a drop in the ocean. Private investors find it too risky to invest in frontier markets. The highly touted shift from “billions to trillions,” which anticipated that government funding and efforts would attract significant private investments for sustainable development, has failed to materialize.</p><p><b><i>A debt crisis is looming</i></b>. It might not be as widespread as in the 1990s and early 2000s, but it can have profound consequences in countries where servicing debt obligations consumes a larger slice of the budget than health and education spending. Ten years ago, borrowing from capital markets became attractive for many frontier markets when conditions were favourable. Rolling over or refinancing those obligations is now, however, proving expensive or impossible, as market interest rates have increased.</p><p><b><i>Tense geopolitical relations between global powers are also restricting progress in reforming the governance of the intern
按字母顺序排列,撰稿人如下约瑟夫-马托拉(Joseph Matola),南非国际事务研究所(SAIIA)经济复兴与包容计划负责人,伊丽莎白-西迪罗普洛斯(Elizabeth Sidiropoulos南非国际事务研究所(SAIIA)首席执行官 Elizabeth Sidiropoulos;联合国非洲经济委员会(UNECA)副执行秘书(方案)兼首席经济学家 Hanan Morsy;哥伦比亚大学国际与公共事务学院教授何塞-安东尼奥-奥坎波;非洲经济转型中心(ACET)总裁兼首席执行官马维斯-奥乌苏-贾姆菲;拉丁美洲倡议主任兼全球发展中心高级研究员莉莉安娜-罗哈斯-苏亚雷斯;以及非洲催化剂公司首席执行官达乌达-森贝内。需要强调的是,作者们是在美国突然改变发展合作政策和欧洲国家宣布大幅削减援助预算之前完成初稿的。然而,作者就国际金融架构的未来提出的主要建议仍然有效,甚至更加重要,因为双边援助很可能会缩减。
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引用次数: 0
Women in the Indian labour market: Juxtaposed between time and work
IF 2 3区 经济学 Q2 DEVELOPMENT STUDIES Pub Date : 2025-04-08 DOI: 10.1111/dpr.70007
Pallavi Gupta, Falguni Pattanaik

Motivation

The study is motivated by the persistent low participation in the labour force of women in India, largely attributed to the burden of unpaid domestic and caregiving work. There is a notable lack of empirical studies on this issue due to the previous absence of comprehensive time-use data. This research aims to fill this gap by exploring the impact of unpaid care work using the latest Indian time-use data.

Purpose

This is an empirical study that investigates the influence of unpaid domestic and caregiving work on the labour-force participation and employment choices of women in India. Additionally, the study explores the extent of time poverty among working women and identifies its causes.

Methods and approach

The study has utilized Time Use in India data 2019. To examine the impact of socioeconomic and demographic characteristics as well as unpaid domestic and caregiving work on labour-force participation and nature of employment of women, the study has employed logistic regression and multinomial logistic regression, respectively.

Findings

The findings revealed that the time devoted to unpaid domestic and caregiving work reduces the probability of women participating in the labour market. An increase in time invested in unpaid domestic and caregiving work raises the likelihood of women opting for self-employment. In addition, women workers in India experience higher levels of time poverty than their male counterparts, and this gender disparity in time poverty persists across all employment categories.

Policy Implications

To include women in the labour market, it is imperative to recognize, reduce, and redistribute women's unpaid domestic and caregiving work and invest in care-friendly policies at workplaces to reduce time poverty among women workers.

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引用次数: 0
Shaping skills: A qualitative dive into India's evolving skill development policies
IF 2 3区 经济学 Q2 DEVELOPMENT STUDIES Pub Date : 2025-04-01 DOI: 10.1111/dpr.70006
Dipika Dhiman, Ajay Solkhe

Motivation

In India's rapidly evolving economic landscape, skill development is essential for fostering socioeconomic progress. Despite the vast working-age population, significant gaps persist between the skills available and those demanded by industries, particularly within the informal sector. Understanding the evolution and effectiveness of India's skill development policies is crucial to bridging these gaps and ensuring a workforce that meets contemporary economic demands.

Purpose

This study explores the evolution of India's skill development policies, examining the factors driving these changes and their alignment with the changing socioeconomic context of the country. It also identifies implementation gaps, investigates challenges in policy execution, and analyses strategic priorities shaping their development and delivery.

Approach and Methods

Using a qualitative content analysis, this study examines 25 key policy documents through the Walt and Gilson policy triangle framework, focusing on context, content and process. The analysis employs a deductive coding approach using NVivo software, involving an in-depth examination of national policy documents, strategic frameworks, government reports, and guidelines.

Findings

The findings revealed that India's skill development policies have evolved to emphasize flexibility, with adaptable training models increasing from 1% focus in NSP 2009 to 12% focus in Pradhan Mantri Kaushal Vikas Yojana 3.0. However, inclusivity has declined, dropping from 13% frequency in NSP 2009, and the initial focus on entrepreneurship (40% frequency in NSP 2015) has diminished in subsequent policies. Fragmented initiatives, unrealistic skill projections, and poor digital adaptability continue to hinder the effectiveness of these programmes.

Policy Implications

Holistic reforms are needed to improve co-ordination among stakeholders and integrate soft skills into training. Investments in infrastructure, skilled trainers, expanding the private sector's role in skill development, and awareness campaigns will enhance accessibility and relevance. Addressing informal sector needs and aligning training with technological advancements will ensure an inclusive, future-ready workforce.

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引用次数: 0
Aid paradox for unrecognized governments: The Taliban and aid
IF 2 3区 经济学 Q2 DEVELOPMENT STUDIES Pub Date : 2025-03-28 DOI: 10.1111/dpr.70008
Haruyuki Shimada

Motivation

This study examines how donors provide aid to unrecognized government under restricted conditions, focusing on Afghanistan's Taliban government, which has ruled since August 2021. However, owing to its harsh policies, particularly towards women, no country or organization has officially recognized it as a government, placing strong constraints on foreign aid to Afghanistan. Nevertheless, donors continue to provide aid because it is difficult to halt assistance on humanitarian grounds.

Purpose

Aiding unrecognized states (governments) is fraught with difficulties. Using the example of Afghanistan under the rule of the Taliban in the 1990s and from August 2021 to the present, this paper clarifies that the political situation of unrecognition imposes enormous costs on both the recipient and donor sides of aid.

Approach and methods

The study reviews reports from the United Nations and other organizations, academic literature, and media articles. In addition, informal in-person and remote interviews are conducted with stakeholders in the government, academia, research institutes in the United States and the United Kingdom, Japan, aid workers in Kabul, Afghanistan, and an Afghan immigrant in Canada.

Findings

Aid to an unrecognized government causes a paradox in efforts to provide more aid, with higher procedural costs and the need for deeper communication with the unrecognized government. Furthermore, “aid diversion,” or aid flows to unrecognized governments, remains a controversial issue in US domestic politics.

Policy implications

Even if donors are highly motivated to provide aid to unrecognized governments for humanitarian and developmental reasons, diplomatic non-recognition impedes and creates dilemmas in aid delivery. Hence, donors face high procedural costs or have to make compromises in aiding politically unrecognized de facto governments. The US and other countries are not expected to recognize the Taliban diplomatically for a while, although the suffering Afghan people need aid. A realistic approach would be to provide de facto development assistance under the cover of humanitarian assistance and to continue dialogue with the Taliban, thereby developing mutual interests and trust.

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引用次数: 0
Furthering a feminist fiscal agenda: Engendering tax and development
IF 2 3区 经济学 Q2 DEVELOPMENT STUDIES Pub Date : 2025-03-23 DOI: 10.1111/dpr.70005
Anuradha Joshi, Jalia Kangave, Vanessa van den Boogaard

Motivation

Taxation has received increasing attention from researchers and in the context of development policy, though less attention has been paid to the gendered impacts of taxation, particularly in lower-income countries.

Purpose

We seek to understand how taxation affects men and women differently and relates to gender equity in lower-income countries. In turn, we aim to identify how researchers and policy-makers can further a feminist fiscal agenda to strengthen gender equity.

Approach and methods

We review the growing evidence on how tax policy and administration affect the lives and livelihoods of women in lower-income countries. Through this review of research and development practice, we identify impact gaps and channels through which taxation can lead to gendered outcomes.

Findings

Three findings emerge. First, in considering the impact of tax policy on gender outcomes, there is a need to focus on those issues that most affect women in lower-income countries. In part, this means focusing on the ways in which the informal sector is taxed, as well as how subnational and informal taxes and fees affect men and women differently. Second, while research has focused on the impacts of tax policy on gender outcomes, greater attention needs to be paid to the gendered impacts of tax administration. Third, bringing a gender lens to tax and development requires considering revenue and expenditure together to ensure that the effects of progressive tax policies are not undermined by gender-insensitive budgets.

Policy implications

An evidence review points to various ways that policy-makers can try to ensure that taxation does not negatively affect gender equity, including rethinking how the informal sector is taxed, supporting women within tax administrations, undertaking progressive tax policy, and linking tax policies to gender-sensitive budgeting.

{"title":"Furthering a feminist fiscal agenda: Engendering tax and development","authors":"Anuradha Joshi,&nbsp;Jalia Kangave,&nbsp;Vanessa van den Boogaard","doi":"10.1111/dpr.70005","DOIUrl":"https://doi.org/10.1111/dpr.70005","url":null,"abstract":"<div>\u0000 \u0000 \u0000 <section>\u0000 \u0000 <h3> Motivation</h3>\u0000 \u0000 <p>Taxation has received increasing attention from researchers and in the context of development policy, though less attention has been paid to the gendered impacts of taxation, particularly in lower-income countries.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Purpose</h3>\u0000 \u0000 <p>We seek to understand how taxation affects men and women differently and relates to gender equity in lower-income countries. In turn, we aim to identify how researchers and policy-makers can further a feminist fiscal agenda to strengthen gender equity.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Approach and methods</h3>\u0000 \u0000 <p>We review the growing evidence on how tax policy and administration affect the lives and livelihoods of women in lower-income countries. Through this review of research and development practice, we identify impact gaps and channels through which taxation can lead to gendered outcomes.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Findings</h3>\u0000 \u0000 <p>Three findings emerge. First, in considering the impact of tax policy on gender outcomes, there is a need to focus on those issues that most affect women in lower-income countries. In part, this means focusing on the ways in which the informal sector is taxed, as well as how subnational and informal taxes and fees affect men and women differently. Second, while research has focused on the impacts of tax policy on gender outcomes, greater attention needs to be paid to the gendered impacts of tax administration. Third, bringing a gender lens to tax and development requires considering revenue and expenditure together to ensure that the effects of progressive tax policies are not undermined by gender-insensitive budgets.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Policy implications</h3>\u0000 \u0000 <p>An evidence review points to various ways that policy-makers can try to ensure that taxation does not negatively affect gender equity, including rethinking how the informal sector is taxed, supporting women within tax administrations, undertaking progressive tax policy, and linking tax policies to gender-sensitive budgeting.</p>\u0000 </section>\u0000 </div>","PeriodicalId":51478,"journal":{"name":"Development Policy Review","volume":"43 3","pages":""},"PeriodicalIF":2.0,"publicationDate":"2025-03-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dpr.70005","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143689571","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Towards an institutional setup for industrial policy in late industrialization in the 21st century
IF 2 3区 经济学 Q2 DEVELOPMENT STUDIES Pub Date : 2025-03-04 DOI: 10.1111/dpr.70004
Jan Grumiller, Werner Raza
<div> <section> <h3> Motivation</h3> <p>This article contributes to the ongoing debate on the institutional preconditions for inclusive and sustainable development in the global periphery, countries that are in a subordinate position within global capitalism.</p> </section> <section> <h3> Purpose</h3> <p>The authors argue that deliberations pertaining to the effectiveness, inclusiveness, and sustainability of economic development must take into account the political-economic contexts of specific peripheral countries. The article goes on to further conceptualize inclusive late industrialization processes and operationalize institutional setups for industrial policy to make it more useful from a policy perspective.</p> </section> <section> <h3> Approach and methods</h3> <p>Our conceptual framework draws on neo-Gramscian and materialist state theory, the developmental regime approach, and other contributions on the necessary conditions for effective industrial policy of late industrializers, particularly in sub-Saharan Africa.</p> </section> <section> <h3> Findings</h3> <p>We contend that the peripheral states' strategic selectivity often severely limits the emergence of comprehensive industrialization regimes that have extensive elements of embedded autonomy and hegemony. In fact, pro-developmental social forces are likely to be more successful in promoting selective industrialization projects in peripheral contexts. Notwithstanding the comprehensiveness of industrialization regimes, we propose the operationalization of industrial policy institutions with regard to their degree of inclusiveness, decentralization, managerialism, and state-led production. We conceptualize the different ways actors may be included or excluded at different scales of industrial policy institutions. In doing so, potential trade-offs within and between these institutional areas are highlighted, enhancing the policy relevance of the debate.</p> </section> <section> <h3> Policy implications</h3> <p>From a strategic policy perspective, the exclusive nature of bureaucratic–authoritarian industrialization regimes of the 20th century needs to be avoided in latecomer industrialization processes of the 21st century, which is why the support of pro-developmental civil society, and thus the construction of hegemony to achieve inclusive development processes, continue to be crucial in peripheral country contexts. The management of the institutional setup and respective trade-offs will involve learning-by-doing, constant monitoring, and continuous adaptation.</p> </section>
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引用次数: 0
Why do bureaucrats want mandatory training? A conjoint mixed-methods analysis of individual learning preferences in German, Norwegian, and South Korean donor agencies
IF 2 3区 经济学 Q2 DEVELOPMENT STUDIES Pub Date : 2025-03-04 DOI: 10.1111/dpr.70003
Alessandra Tangianu, Daniel E. Esser, Heiner Janus
<div> <section> <h3> Motivation</h3> <p>Individual knowledge and professional learning among donor-agency bureaucrats play a decisive role in the design and implementation of development interventions. Understanding how to provide optimal training curricula for their staff is key for these bureaucracies' effectiveness as central organizational actors in the international development field.</p> </section> <section> <h3> Purpose</h3> <p>We analyse individual preferences for professional learning pathways in three bilateral donor-agency bureaucracies—the German Federal Ministry for Economic Cooperation and Development (BMZ), the Korea International Cooperation Agency (KOICA), and the Norwegian Agency for Development Cooperation (Norad)—to understand determinants of decision-making and opportunities for improvement. We ask: how do bureaucrats in these organizations assess different options for knowledge acquisition and learning?</p> </section> <section> <h3> Approach and methods</h3> <p>We integrate experimental and qualitative data to provide a comparative perspective on learning practices among donor-agency bureaucrats. Drawing on 89 randomly sampled interviews across three bureaucracies and representing both headquarters and recipient-country staff, we conducted a web-administered choice-based conjoint analysis among 81 bureaucrats to capture interactions between five dimensions of professional learning. We then contextualize our experimental findings through our interview data.</p> </section> <section> <h3> Findings</h3> <p>We find that the bureaucrats in our sample have a statistically significant preference for mandatory as opposed to optional training. We note that among the five dimensions of professional learning, the mode of training is the only one that an organization can directly influence. Triangulation with our interview data suggests that this preferred modality of learning is complemented by a staff preference for more targeted substantive training on thematic competencies as opposed to focusing on administrative procedures.</p> </section> <section> <h3> Policy implications</h3> <p>Although broad administrative knowledge and experience are indispensable for professionals working at the interface of politics and programming, they are not enough. Donor agencies must take their staff members' learning preferences seriously and not shift the burden of learning about substantive issues onto individual staff.</p> </section>
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引用次数: 0
Socioeconomic development in the context of nuclear past: The case of Kazakhstan
IF 2 3区 经济学 Q2 DEVELOPMENT STUDIES Pub Date : 2025-02-19 DOI: 10.1111/dpr.70002
Aigerim Mussabalinova, Artur Antimonov, Mukhtar Amanbaiuly, Nikita Durnev

Motivation

Understanding the consequences of the Semipalatinsk nuclear test site is crucial for global nuclear disarmament, environmental protection, and community-centred social policies. This article highlights the ongoing challenges faced by the inhabitants of the Abay region in Kazakhstan.

Purpose

The primary objective of the study is to inform and enhance policies related to the former Semipalatinsk nuclear testing site. A key focus is understanding how locals perceive the site's impact on socioeconomic development.

Methods and Approach

This study uses semi-structured interviews with locals. The research question addresses how locals perceive the impact of the Semipalatinsk test site on socioeconomic development. Data were collected through 48 interviews from January to March 2024 in the cities of Semey and Kurchatov and thematic patterns were analysed within Galtung's (1990) social justice framework.

Findings

The research shows how prolonged neglect by government impacts the investment climate and social well-being. Restricted access to information on land contamination has hindered explanatory work. The study reveals gaps in understanding among residents and varying access to information.

Policy Implications

An effort on the part of the government to improve information and communication exchange is needed to address the nuclear site's impact, considering differing perceptions. Legislative actions should focus on remediating contamination, protecting public health, and ensuring participatory environmental governance. Policies must address the socioeconomic effects of environmental degradation, promoting social justice and sustainable development. Targeted infrastructure investment is vital for economic growth. Supporting emerging sectors such as medicine, services, and knowledge-based industries will create employment opportunities and address brain drain.

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引用次数: 0
Taxing high-net-worth individuals in Nigeria: Challenges and opportunities for policy-makers from a preliminary investigation
IF 2 3区 经济学 Q2 DEVELOPMENT STUDIES Pub Date : 2025-02-04 DOI: 10.1111/dpr.70001
Giovanni Occhiali, Jalia Kangave, Hamza Ahmed Khan

Motivation

Nigeria ranks third in Africa for the number of US dollar millionaires, but whether these high-net-worth individuals (HNWIs) are contributing their fair share to domestic revenue mobilization is open to question. Although there have been various attempts to improve tax collection in recent years, including the establishment in 2023 of a presidential committee to harmonize fiscal policy across the country's 36 states, some of which are developing compliance strategies for wealthy individuals, very little is known about the impact of these reforms.

Purpose

To understand what approaches are currently prevalent to improve HNWI compliance across Nigeria and whether they are perceived to be effective.

Methods

The study is based on 12 semi-structured interviews with public and private stakeholders from North East Nigeria, analysis of federal and state-level legislation, data collected from 10 State Boards of the Internal Revenue Service from all Nigerian geopolitical zones in preparation for a two-day workshop on HNWIs, and discussions with the 26 participants in the workshop.

Findings

Despite the great diversity in the economic and social structures of the states of Nigeria, legal, administrative, and political challenges faced by the State Boards of the Internal Revenue Service are very similar. Different states have passed subnational legislation that introduces requirements over and above those present in federal legislation to collect the information required to identify HNWIs. However, enforcement is made complex by low tax morale amongst the citizenship and political interference in tax administrative processes. These trends are then discussed in more depth for the particular case of Borno State.

Policy implications

Given the similarities between the obstacles faced by State Boards of the Internal Revenue Service in taxing HNWIs, there is scope for promoting regional approaches coordinated by the Nigerian Joint Tax Board. More evidence needs to be gathered on the effectiveness of policy measures implemented by particular states and the sharing of experiences across State Boards of the Internal Revenue Service needs to be facilitated.

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引用次数: 0
期刊
Development Policy Review
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