Dispatches from the Frontier
Musings on Entrepreneurship and Innovation
Monday, October 18, 2004
Growth Competitiveness and Taxes
Musings on Entrepreneurship and Innovation
Monday, October 18, 2004
Growth Competitiveness and Taxes
From the October 16th edition of The Economist comes the following blurb on growth competitiveness (registration required):
Finland gain tops the World Economic Forum's league table of global competitiveness, followed by the United States. Of the ten highest-ranked countries, five are Nordic. Despite high taxes, these countries receive high marks for the quality of their public services and macroeconomic policy, including budget surpluses, areas in which America mostly scores lower.
- Finland
- United States
- Sweden
- Taiwan
- Denmark
- Norway
- Singapore
- Switzerland
- Japan
Taxes matter, but so does deficit spending. It also matters how you spend tax dollars: real public goods or special interest pork?