VAT and Social Equity: The Case of Period Products
Stefanie Geringer | 18 May 2026
Fiscal,
Blog | Tags:
Gender,
Inequality,
Tax Expenditures,
VAT
Value added tax (VAT) is one of the most important revenue sources for the 21st-century tax and welfare state. This holds true for OECD Member Countries as well as EU Member States, and more so for low-income countries.
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Japan Needs a New Framework for a Post-Deflation Economy
Matthew Poggi | 29 April 2026
Monetary,
Blog | Tags:
Central Banks,
Economic Growth,
Governing Finance,
Japan
Japan’s policy-makers should reconsider whether the institutional framework governing relations between the government and the Bank of Japan still fits the country’s economic priorities.
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Why Tax Expenditure Reporting Is a Missing Link in Financing for Development
Alexandra Readhead,
Agustin Redonda,
Christian von Haldenwang,
Giovanni Occhiali,
Giulia Mascagni and
Harshil Parekh | 21 April 2026
Fiscal,
Blog | Tags:
Domestic Revenue Mobilization,
GTED,
Tax Expenditures
With aid budgets shrinking and debt vulnerabilities mounting, the $4 trillion governments forgo annually through exemptions, credits, and preferential rates demands greater transparency and accountability.
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Japan Shifts to a New Fiscal Anchor
Matthew Poggi | 15 April 2026
Fiscal,
Blog | Tags:
Debt,
Fiscal Rules,
Japan
Japan is redefining the framework that anchors its public finances. Following the belated approval of the 2026 financial year budget, attention will turn to the Sanae Takaichi administration’s shift from a single-year primary balance target towards a medium-term approach centred on stabilising the debt-to-gross domestic product ratio.
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How Can Ministries of Finance Support the Low-Carbon Transition Through Coherent ‘Policy Packages’?
Patrick Lenain | 13 April 2026
Fiscal,
Monetary,
Blog | Tags:
Carbon Pricing,
Energy,
Industrial Policy,
Policy Coherence,
Tax Expenditures
The transition towards greener and more resilient economies is one of the defining economic opportunities of our time. From growth and innovation to enhanced competitiveness and long-term savings, the potential gains are substantial.
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Governing Tax Expenditures: Lessons from Four Advanced and Emerging Market Economies
Sofia Berg,
Sanjeev Gupta and
Agustin Redonda | 2 March 2026
Fiscal,
Blog | Tags:
Brazil,
Domestic Revenue Mobilization,
France,
India,
Tax Expenditures,
United Kingdom
This blog builds on four Tax Expenditures Country Reports published within the series hosted by CEP and IDOS, and shows how Brazil, France, India, and the United Kingdom govern tax expenditures across three critical dimensions: benchmark definition, reporting, and evaluation.
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Confronting Climate Change in the Philippines: Building Resilience while Cutting Emissions
Patrick Lenain | 13 February 2026
Fiscal,
Blog | Tags:
Carbon Pricing,
Climate Risks,
Energy,
Renewables,
The Philippines
Climate change is not a distant threat for the Philippines. Preparing for a warmer and more volatile future will require building on past progress in investing into climate change adaptation, combined with carbon pricing and cleaner power generation.
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Tax Expenditures in Sub-Saharan Africa: An Expensive Practice?
Li Liu,
Todd Schneider,
Can Sever and
Irena Jankulov Suljagic | 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.
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How Vietnam Can Ensure Greener Steel
Patrick Lenain and
Deepak Sharma | 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.
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Unlocking Doors to Better Homes: Smarter Borrower Limits for Housing Upgrades Across Europe
Reiner Martin and
Pierre Monnin | 15 October 2025
Monetary,
Blog | Tags:
Credit Risk,
Energy,
Financial Stability,
Housing,
Macroprudential Policy
Upgrading the energy efficiency of Europe’s homes is a cornerstone of the European Union’s strategy to achieve climate neutrality. Buildings account for about a third of the EU’s energy-related greenhouse gas emissions, making them one of the largest contributors to climate change.
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