Ending Global Poverty through Tax Breaks to Bill Gates
نویسنده
چکیده
Sector-specific government support for the Information and Communications Technology (ICT) industry has spread around the World. South Korea, Taiwan and Singapore all enacted national policies to attract the IT industry as early as the 1980s, with support for training, R&D, technology transfer, promotion, tax breaks and IT parks, for example. Malaysia launched perhaps the most ambitious plan with its Multimedia Super Corridor. The MSC began in the mid 1990s with promises of $10 billion worth of public infrastructure investment, a government venture capital fund and significant tax breaks amongst other incentives to companies that would set up in the corridor. Since then, numerous other countries (as diverse as Russia, St Lucia and Rwanda) have launched programs to attract ICT industries, often involving considerable tax breaks, subsidies and infrastructure investments. There are arguments for government support of the ICT sector in developing countries as a strategy for growth and poverty reduction, but the evidence that we can end global poverty through tax breaks to Bill Gates is very much lacking.
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