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Specifically, informal sector harms financial development through increasing financial repression due to tax evasion.
Specifically, on the one hand, informal sector harms financial development through increasing financial repression due to tax evasion.
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Critics of the Tobin tax, including the banking and business lobbies, argue that a levy on financial transactions would drive business offshore, reduce trading volumes and liquidity, hit employment in the financial sector, harm shareholders and slow the world economy.
His critics say he is too cosy with politicians, and that his dominance of certain sectors harms the economy.
The first channel is financial repression through which increasing informal sector size harms financial development.
To delay will harm a vital global sector and harm our global climate.
In a speech on Egyptian television Wednesday, former military general turned President Abdel Fattah al-Sisi said the plane was attacked to damage Egypt's tourist sector and harm its relationship with Russia.
Charities which play this game – especially those which go to such pains to show how little they spend on "overheads" – are complicit in the perpetuation of an idea which is harming the sector and ultimately harms society.
Our current suspicion of the private sector is harming our ability to work more effectively.
Good regulation means more than just preventing the banking sector from harming the rest of us (though the Fed didn't do a very good job of that before the crisis).
Not only do the advanced countries continue to provide greater protection to their agricultural sectors, thus harming the trade possibilities of developing countries where these have genuine competitive advantages, but they also maintain tariffs proportionate to the level of processing of primary commodities, thus preventing countries from advancing to higher levels of development.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com