Publications

Postponing the WTO Ministerial Conference – Making the Unexpected Breathing Space a Turning Point

and | 6 December 2021
Blog, Trade | Tags: Agricultural Trade, Health, Services Trade, Trade Governance, WTO
The WTO 12th Ministerial Conference (MC12), which was due to take place in Geneva from 30 November – 3 December, was postponed indefinitely last minute due to new COVID-19 travel restrictions. Despite hectic activity on a rather modest agenda during the run-up to the event, ... continue reading

Is the OECD/G20 International Corporate Tax Reform Fair?

| 26 November 2021
Blog, Fiscal | Tags: Corporate Tax, Developing Countries, Minimum Tax Rate, Tax Competition
On October 8th, the Organisation for Economic Co-operation and Development (OECD) announced that 136 countries have adopted its two-pillar proposal to reform the taxation of multinational enterprises (MNEs). Pillar One applies to MNEs with sales in excess of $20bn and profits over 10%. It shifts the ... continue reading

The Moratorium on Tariffs on E-commerce Should Stay

| 25 November 2021
Blog, Trade | Tags: Digitalization, Tariffs, WTO
The rise of the digital economy will be hitting the agenda at next week’s Ministerial Conference (MC12) of the World Trade Organization (WTO) in many ways. The continuation of the provisional e-commerce moratorium is one of them – and one that is critical. The e-commerce ... continue reading

Carbon Prices and Carbon Leakage

and | 15 November 2021
Blog, Trade | Tags: Carbon Pricing, Carbon Tax
Over the past weeks, the conversation over a global carbon price has considerably moved up policy debates worldwide. Just half a year ago, hardly anyone would have seen such a global floor as a viable option. Now, it still comes with a big question mark, ... continue reading

Bridging the Disconnects – From Diagnosis to Action in Addressing Climate-Related Financial Risks

| 29 October 2021
Blog, Monetary | Tags: Central Banks, Climate Risk, Financial Regulation, Macroprudential Regulation
When the Financial Stability Oversight Council (FSOC) published its Report on Climate-Related Financial Risk last week, it triggered a wide range of reactions. Some praised it as a critical step in moving climate risks up the agenda amongst FSOC members such as the US Treasury, ... continue reading