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CEP is an international nonprofit, nonpartisan economic policy think tank for sustainability focused on fiscal, monetary and trade policy. If you are interested in learning more about us or getting involved, we’d be delighted to hear from you.
The Earned Income Tax Credit: Helping Families at a Surprisingly Low Cost
Jacob Bastian | 29 November 2018Blog, Fiscal | Tags: Inequality, Poverty, Tax Expenditures
Amid growing concerns over stagnant rates of intergenerational mobility, little to no wage growth for low-skilled workers, and declining rates of labor force participation, policymakers are interested in approaches to... continue reading
International Economic Cooperation in Troubled Times: A Call for Strong Action by the G20
Axel Berger, Uri Dadush, Andreas Freytag, Simon Evenett, Christian von Haldenwang, Ricardo Meléndez Ortiz, Raúl Ochoa, Agustin Redonda and Karl P. Sauvant | 26 November 2018Blog, Fiscal, Trade | Tags: Employment, G20, Investment, Protectionism, Services Trade, Tax Competition, Tax Expenditures
The leaders of the G20 will meet on 30 November and 1 December in Buenos Aires for their annual summit. They need to acknowledge that the last two years have... continue reading
Assessing Tax Expenditure Reporting in G20 and OECD Economies
Agustin Redonda and Tom Neubig | 6 November 2018Discussion Notes, Fiscal | Tags: G20, OECD, Tax Expenditures
Governments worldwide pursue public policy objectives through direct spending and tax expenditures (TEs). Interestingly though, and despite their significant impact on government budgets, TEs are opaque and very often not... continue reading
Investor-State Dispute Settlement: An Anachronism Whose Time Has Gone
Johannes Schwarzer | 24 September 2018Policy Briefs, Trade | Tags: Investment, ISDS, Services Trade
Investor-State Dispute Settlement (ISDS) – a mechanism that allows foreign investors to bring claims against host governments to an international arbitral tribunal – is a postcolonial relic that should be... continue reading
Central Banks Should Reflect Climate Risks in Monetary Policy Operations
Pierre Monnin | 10 September 2018External, Monetary | Tags: Asset purchases, Central Banks, Climate risk, Collateral framework
The transition to a low-carbon economy requires a shift in capital allocation from incumbent carbon-intensive technologies to new low-carbon technologies. Financial markets play a key role in this process:... continue reading
Climate Change and Finance: What Role for Central Banks and Financial Regulators?
Emanuele Campiglio, Yannis Dafermos, Pierre Monnin, Josh Ryan-Collins, Guido Schotten and Misa Tanaka | 7 September 2018External, Monetary | Tags: Central Banks, Climate Change, Environment, Financial Regulation
Climate change poses risks to the financial system. Yet our understanding of these risks is still limited. As we explain in a recent paper published in Nature Climate Change, central... continue reading