The resulting revenue loss could be offset by raising the corporate tax rate.

Here, the revenue loss could be offset by an increase in the personal tax rate.

Rising income inequality, by redistributing income from those who spend more to those who save more, has exacerbated the demand shortfall.

The next generation of technological advances could also promote greater income equality by leveling the playing field in education.

Population .

Moreover, in recent decades, profits have risen not only at the expense of wages, but also with much more accruing to finance, insurance, and real estate compared to other sectors.

If Greece is to start paying just the interest on its debt rather than rolling it into new loans by 2011 the government would need to run a primary budget surplus (i.e., excluding interest payments) of nearly 10 of GDP.

Malaysia has succeeded in markedly reducing the income divides that separated various ethnic groups, not by bringing the top down, but by bringing the bottom up.

Development Account

A bank statement.

Open an account.

Could I have the bill, please?

The bill, please.

a reversal of the country s now rising income inequality lowering the very high savings level relative to investment and thus reducing the current account surplus

Such a model would empower billions of Internet users by making them beneficiaries of a transactional exchange one that adds value in every direction.

I lost count.

Waiter, the check, please.

I paid the bill.

I paid the bill.

Waiter, the bill please.

Tom signed the bill.

The current strategy in the financial sector drives excessive competition by increasing market share at rivals expense, often breaking trust with customers for the sake of short term gains.

Laundering of proceeds of crime

The promise of replicating past returns cannot be the reason, given the inadequacy of those returns.

(Indeed, the only part of Mexican development that has been a great success has been the rise in incomes and living standards that comes from increased migration to the US, and increased remittances sent back to Mexico.)

56 237. Development Account

Security through opacity?

The soldiers then take half the proceeds.

Income inequality casts a long shadow.

Criminalization of the laundering of proceeds of crime

The Indian black money economy

Nowhere is there a credible plan to limit the concentration of wealth and power, broaden economic gains through strong real income growth for the poor, and maintain macroeconomic stability.

The evidence on that point is mixed.

Tom let Mary pay the bill.

Let's split the bill today.

Put it on Tom's tab.

Tom emptied his bank account.

(a) Proceeds of crime derived from offences covered by this Convention or property the value of which corresponds to that of such proceeds

Koštunica has made a career more by the absence of negative characteristics than by what he has achieved.

Tom works for the IRS.

Their lobbying, which is carried out at the expense of their companies, is subsidized by their shareholders.

These are national funds that, in boom years, receive revenues from sales of natural resources to be set aside against a rainy day.

Increasing labor market flexibility by reducing the costs of shedding workers will lead in the short run to more layoffs in the public and private sector, exacerbating the fall in incomes and demand.

The simplest solution is to mandate that the government buy less health care by raising the eligibility age for Medicare, capping benefits for high income beneficiaries, and so on.

An explicit remedy is to raise revenues through higher contributions, increased labor force participation, stronger productivity growth, or larger transfers from general tax revenue.