For years, policy makers in Latin America and the Caribbean have struggled with the immense and chronic problem of tax evasion, which averages close to 50% in many countries and limits governments' ability to spend on schools, hospitals and other critical needs. The problem relates not only to the difficulty of finding tax delinquents. It has to do with the difficulty of … [Read more...] about Want People to Pay Their Taxes? Try a Visit
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The Do’s and Don’ts of “Nudging”
How can governments guide people to make choices that would improve their welfare? Traditionally, the focus has been on changing prices; for instance, higher cigarette taxes encourage people to smoke less. Lately, “nudges” have become a favorite tool, and are becoming increasingly popular in developed and developing countries alike. Latin American governments are no … [Read more...] about The Do’s and Don’ts of “Nudging”