Archive: November 2025

Tax Expenditures in Sub-Saharan Africa: An Expensive Practice?

, , and | 27 November 2025
Fiscal, Blog | Tags: Domestic Revenue Mobilization, Sub-Saharan Africa, Tax Expenditures
Tax expenditures are less well understood in Sub-Saharan Africa than in other regions, and deserve closer attention given the region’s macro-fiscal challenges.  A new IMF paper sheds some additional light on TEs in SSA, their potential importance to domestic revenue mobilization, and offers a roadmap for reform.  ... continue reading

How Vietnam Can Ensure Greener Steel

and | 21 November 2025
Fiscal, Blog | Tags: Decarbonization, Energy, Industrial Policy, Vietnam
The steel industry is an important pillar of Vietnam’s economic development. It provides input for the country’s rapid infrastructure expansion, it supports key manufacturing sectors such as construction and shipbuilding, and it contributes to export revenues and industrial employment. ... continue reading

The Energy Taxation Directive and the Clean Industrial Deal

| 20 November 2025
Fiscal, Testimonies | Tags: Decarbonization, Energy, Europe, Fossil Fuel Subsidies
Thank you for the opportunity to speak today on the Energy Taxation Directive (ETD) and the Clean Industrial Deal (CID). I will start with brief remarks on the ETD and then turn to lessons the CID could draw from global experience with the use of ... continue reading

Accelerating Industrial Decarbonisation. The Role of Tax Incentives

, , , , , and | 17 November 2025
Fiscal, Discussion Notes | Tags: Decarbonization, Energy, Industrial Policy, Tax Expenditures
Achieving net-zero targets in industrial sectors will require substantial investment in low-carbon technologies, especially in “hard-to-abate” industries such as steel, cement, and petrochemicals. In this context, tax incentives have emerged as a useful policy instrument ... ... continue reading

Tax Expenditures for Environmental Sustainability

, and | 13 November 2025
Fiscal, Discussion Notes | Tags: GTED, Sustainability, Tax Expenditures
This report analyses tax expenditures aimed at promoting environmentally sustainable practices. Drawing on the Global Tax Expenditures Database (GTED) and a number of specific international experiences, it explores how these instruments are currently being used and evaluated. ... continue reading

Flagship Report 2025 on Tax Expenditure Effectiveness: Launch Event and New GTETI Release

4 December 2025 | 14.00-16.30 CET | Online
Conference, Fiscal | Tags: GTED, GTETI, Tax Expenditures
The Council on Economic Policies (CEP) and the German Institute of Development and Sustainability (IDOS) co-hosted the launch of the Tax Expenditures Flagship Report 2025 and the new edition of the Global Tax Expenditures Transparency Index ... continue reading

Sanaenomics: Bridging Abenomics and New Capitalism

| 5 November 2025
Monetary, Op-Eds | Tags: Economic Growth, Governing Finance, Japan
Sanae Takaichi begins her tenure as prime minister of Japan with a rare combination of political momentum and market confidence. Her inaugural public-support rating exceeds that of her recent predecessors, and equities have risen nearly 10% since she became leader of the Liberal Democratic Party. ... continue reading