How economic growth in countries that introduced as Goods and Services Tax varied in relation to their peers - before, in the year of, and in the aftermath of the GST's launch. In each, the economy underperformed in the year the GST was launched, while only in Australia and Canada there was significant outperformance in the two subsequent years. The above chart shows the difference in percentage points against an average of each country's peers.
How economic growth in countries that introduced as Goods and Services Tax varied in relation to their peers - before, in the year of, and in the aftermath of the GST's launch. In each, the economy underperformed in the year the GST was launched, while only in Australia and Canada there was significant outperformance in the two subsequent years. The above chart shows the difference in percentage points against an average of each country's peers.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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