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Publication Date: May 1991
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): William D. Eggers
Research Area: Banking and finance
Keywords: Europe
Type: Report
Coverage: Former communist countries
Abstract:
Tax reform is not a panacea for all the ills brought on by the decades of communism. But combined with other essential free market reforms as currency convertibility, freeing prices from state control, privatizing state-owned enterprises, liberating entrepreneurs from stifling regulation and ending government subsidies to state enterprises, a pro-growth tax agenda can help Eastern Europe move toward prosperity and political stability. This serves the interests not only of East Europeans, but of Americans as well.