THE IMPACT OF PENSION SECTOR REFORMS ON THE FINANCIAL VIABILITY OF PENSION PLANS IN KENYA By Akwimbi Ambaka William March 12, 2011 Department of Business Administration, School of Business, University of Nairobi, Kenya Electronic copy available at: http://ssrn.com/abstract=1784297 TABLE OF CONTENTS Declaration List of Tables List of Figures Appendices Abbreviation CHAPTER ONE: INTRODUCTION 1.0. 1.1. 1.2. 1.3. 1.4. 1.5. 1.6. Background of the Study The Conceptual Basis of Social Security
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Introduction The idea of introducing a flat consumption based Goods and Services Tax (GST) in Malaysia has been floated since 1989. It now seems as though this may become a reality in the 2014 Budget, with implementation beginning within 18 to 24 months at an initial rate of 4 % on the supply chain. The plan to overhaul the tax system has begun to gain momentum as the government deals with an increasingly weak economic outlook, combined with global uncertainty. While not at the emergency levels
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Cambridge limkimhwa@penanginstitute.org Ooi Pei Qi Penang Institute peiqi.ooi@penanginstitute.org 8 October 2013 Abstract External economic factors and Malaysia’s domestic fiscal position dictate that the Goods and Services Tax (GST) is likely to be introduced in the upcoming Budget 2014. In this paper, we: 1) assess if GST is a progressive or regressive tax; 2) study the impact of GST on Malaysian households; 3) estimate the total GST raised from households in perfect condition vs
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I. Introduction Labor is the most fundamental productive resource. Wages paid for labor fuel consumer spending, and the output of labor is essential for companies. Likewise, unemployed workers represent wasted potential production within an economy. Consequently, unemployment is a significant concern within macroeconomics. The term unemployment refers to the general condition in which resources are willing and able to produce goods and services but are not engaged in any productive activities. Moreover
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TAXATION. Name: Institution: A) Effect of Taxation. Taxation is a system of levying taxes on various types of earnings, income and/or purchases. It is an essential part of a modern state whereby the government obtains revenue, which is used for provision of education, health care and living benefits to a range of its citizens (Sullivan 2003). The UK tax system has several incompatible objectives, for instance redistribution of income and wealth creation (through tax breaks). The government
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more suitable. In that case it would be based on the economic records of the company. The main advantage of a VAT is that it is a broad based system. Typically government and non-profit enterprises are excluded from the tax base. Further an important policy decision is to determine the place where GST is levy. For International Trade the place where the GST is levied is a vital matter. On the one hand the GST can be levied on the location of assembly (the origin principle) on the other it can be based
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Answer to Opposing Views with Transitions:… There might be some truth in that, but…… • • Good credit to Sources • ADD Reference Page with the sources used in the paper and Fix APA Format • Grammar (Use Proofreading Hit List Handout) • Comma use • Take out unnecessary words. It is unnecessary to announce what the paper will do. That is already evident with the thesis and main ideas. • Word Choice inclining? • A Good Essay Argument Rough Draft— • Good Running Heading • Good Title
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INTRODUCTION TO MACROECONOMICS E202 $ ¥ Dr. David A. Dilts Department of Economics Doermer School of Business and Management Sciences Indiana-Purdue University-Fort Wayne June 1, 1993 Revisions: May 1994, December 1995, July 1996, November, 2000, May 2003, May 2006 PREFACE This Course Guide was developed in part because of the high cost of college textbooks, and in part, to help organize students’ studying by providing lecture notes together with the reading assignments. This Guide is
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Hsiao-tsung intended to impose a more centralized control on national finance by placing it under the supervision of the chief ministers of state. In addition to emphasizing stricter fiscal control, Hsiao-tsung also sought to reduce expenditures. The unnecessary or excessive expenses in ritual matters were reduced, as well as the military expenditures. During the early years of the Ch’ien-tao period, frugality was the theme of
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schoolfinance stnictures in New Jersey, Texas, and Kentucky, and activeorplanned cases in 16 additional states, school finance litigation, fiscalinequities, and school finance reform have rebounded to high placesonstate education policy agendas. This policy white paper discusses thechanging contours of school finance through the 1`./70s and 1980s, and outlines the key school finance issues for the 1990s. I. School Financein the 1970s and1980sSchoolfinance inequities derive from the way states finance
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