Illusory revenues: import tariffs in resource-rich and aid-rich economies

Where imports are financed predominantly by rents from resource extraction or aid, the revenue generated by tariffs is illusory. Revenue earned by the tariff is offset by a reduction in the real value of aid and resource rents. Revenue is however moved between accounts in the government budget which...

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Bibliographic Details
Main Authors: Venables, A, Collier, P
Format: Working paper
Published: University of Oxford 2008