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Sebastian Galiani on Argentina’s 2017 tax reform
Argentina's 2017 tax reform demonstrates that even well-designed, carefully negotiated fiscal reforms can fail to deliver results if they lack the political credibility needed to convince investors and firms that the changes will endure.
Where you live drives what you earn
Using data on 513 million workers worldwide, we show that location plays a major role in shaping earnings – and that better allocation of workers across cities could raise incomes, especially in developing countries.