Social Tax and Transfers for Poverty Alleviation: A Case for Low and Middle Income Countries
The world has made notable progress in achieving the Millennium Development Goal (MDG) of halving the rate of extreme poverty (from 43 per cent in 1990 to about 17 per cent in 2011) before 2015. Nevertheless, about 1 billion people are still under the poverty line. Despite the progress at the global level, poverty prevails with different intensity in different parts of the world.