Answered You can hire a professional tutor to get the answer.

QUESTION

I need help creating a thesis and an outline on To what extent did the 2008 tax reform in Albania affect/ improve its growth and development. Prepare this assignment according to the guidelines found

I need help creating a thesis and an outline on To what extent did the 2008 tax reform in Albania affect/ improve its growth and development. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. Since, the public debts increased to 60% of the total GDP in 2008 and the budget deficit also increased to 7% from that 5.7, new tax reforms and taxation policies were introduced in Albania in order to maintain the macroeconomic stability. It was very hard for a country like Albania who was in its transition period after the collapse of its economy during the 1997 Civil War. Such reforms have an impact on every aspect either positively or negatively

During the late nineties and the early twenties, many countries in the world, particularly Albania, was also facing challenges with respect to its economy and economic stabilization. Since Albania was previously a closed and centrally planned economy, therefore it had to undergo numerous obstacles to become an open market economy. Initially the country managed to override the global fiscal crisis, however, it could not resist it permanently and the Albanian economy had to come under pressure. Since, the public debts increased to 60% of the total GDP in 2008 and the budget deficit also increased to 7% from that 5.7, new tax reforms and taxation policies were introduced in Albania in order to maintain the macroeconomic stability (Kadiu, 2012). Numerous tax reforms whose sole purpose was to effectively execute strategies that are aimed to reduce poverty and public debts while decreasing inflation at the same time, although it was very hard for a country like Albania who was in its transition period after the collapse of its economy during the 1997 Civil War (Thomsen & Brown, 2008, bankofalbania, 2014). The 2008 Albanian tax reforms were aimed to help the Albanian economy collectively, in which numerous tax policies from small-scale business to corporate level and agriculture and wages, were imposed. It should be noted that such reforms have an impact on every aspect either positively or negatively.

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question