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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.

 

Central Bank Market Neutrality is a Myth

and | 16 October 2020
Blog, Monetary | Tags: Asset Purchases, Central Banks, Climate Change, Foreign Exchange Reserves, Market Neutrality
Christine Lagarde, the President of the European Central Bank (ECB), this week raised the critical question whether, in view of market failures, market neutrality should remain the guiding principle driving... continue reading

Central Banks Must Heed Their Own Warnings on Climate Risks

| 13 October 2020
Blog, Monetary | Tags: Asset Purchases, Central Banks, Climate Risk, Collateral Frameworks
The Central Banks and Supervisors Network for Greening the Financial System (NGFS), a group of more than 70 central banks and financial supervisors across the globe, has repeatedly highlighted that... continue reading

Tackling Inequality Through Tax Expenditure Reform

and | 24 September 2020
Fiscal, Policy Briefs | Tags: G20, Inequality, Tax Expenditures, VAT
Inequality endangers social cohesion and hampers economic growth, and as a consequence of the COVID-19 pandemic, inequality is set to increase. Hence, the commitment of the Group of Twenty (G20)... continue reading

Trade Implications of Tax Expenditures

, , , , and | 15 September 2020
Fiscal, Policy Briefs, Trade | Tags: Carbon Tax, Digitalization, Illicit Financial Flows, Tax Competition, Tax Expenditures
International trade and taxation are inextricably linked and have been high-priority issues within the Group of Twenty (G20) agenda. However, the interconnections between international trade and tax expenditures—that is, benefits... continue reading

Worthy Goals, Flawed Policies – Why Increasing Tax Deductions for Parents Can be Wrong

| 4 September 2020
Blog, Fiscal | Tags: Inequality, Tax Expenditures
Tax expenditures (TEs) – also called tax benefits, tax reliefs, or simply tax subsidies – are used widely to pursue different policy objectives, e.g. boosting innovation and R&D, attracting investment... continue reading