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The 2015 United Nations resolution on Financing for Development stresses the importance of effective resource mobilization and use of domestic resources to pursue sustainable development. The first Sustainable Development Goal is to eradicate extreme poverty for all people everywhere by 2030. This paper proposes an accounting exercise to assess whether it is feasible for countries to eliminate poverty using only domestic resources, in other words, by mere redistribution. Moreover, the paper argues that the concentration of resources in the hands of fewer individuals in the society may hinder the feasibility of implementing effective fiscal policies (from the revenue side and the social spending side) to reduce poverty. The paper provides a new tool to assess the capacity of countries to eliminate poverty through redistribution, and a new tool to approximate the concentration of political influence in a country. The new methodologies are applied to the most recent surveys available for more than 120 developing countries. The findings show that countries with the same fiscal capacity to mobilize resources for poverty eradication differ widely in the political feasibility of such redistribution policies.

Domestic Resource Mobilization --- Fiscal Capacity --- Political Influence --- Poverty Gap --- Taxation

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This paper investigates the costs and benefits of concluding double tax treaties with investment hubs. Based on a sample of 41 African economies from 1985–2015, the results suggest that signing treaties with investment hubs is not associated with additional investments; yet, these treaties tend to come with nonnegligible revenue losses. Building on a theoretical model, the paper investigates the role of treaty shopping in driving nominal investment flows and provides indirect evidence for its importance in the sample.

Domestic resource mobilization --- Double tax treaties --- Economic adjustment and lending --- Governance --- International economics and trade --- International law --- International trade and trade rules --- Law and development --- Legal products --- Legal reform --- Macroeconomics and economic growth --- Public sector development --- Social development --- Social policy --- Tax law --- Tax treaty policy --- Taxation and subsidies --- Treaties --- Exports and Imports --- Public Finance --- Taxation --- Corporate Taxation --- International Investment --- Long-term Capital Movements --- Multinational Firms --- International Business --- Business Taxes and Subsidies --- Tax Evasion and Avoidance --- Fiscal Policies and Behavior of Economic Agents: Firm --- Taxation, Subsidies, and Revenue: General --- Personal Income and Other Nonbusiness Taxes and Subsidies --- Public finance & taxation --- Corporate & business tax --- Finance --- Revenue administration --- Corporate income tax --- Foreign direct investment --- Double taxation --- Withholding tax --- Taxes --- Balance of payments --- Revenue --- Corporations --- Investments, Foreign --- Income tax --- Mauritius