The Low-Skill Losers
Karen Petrou | 30 April 2019
Blog,
Monetary | Tags:
Employment,
Federal Reserve,
Inequality,
QE The Fed is devoting increasing analytical – if not yet policy-maker – attention to the unequalizing impact of unconventional policy. It’s a start – a major problem besetting central banks in countries without a robust middle class – i.e., the U.S. – is that
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Fiscal Transparency: The Case of Tax Expenditures in Developing Countries
Mario Mansour | 11 April 2019
Blog,
Fiscal | Tags:
Tax Expenditures In recent years, more developing countries have started reporting on their tax expenditures, however the quality of reporting needs to improve if it is to usefully contribute to fiscal transparency and the debate on domestic revenue mobilization.
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Civil Society Groups Across Latin America Are Starting to Question Tax Expenditures
Paolo de Renzio and
Alexandre Ciconello | 21 March 2019
Blog,
Fiscal | Tags:
Tax Expenditures How governments raise the revenues they need to support public spending is a fundamental aspect of public finance. Despite this, taxation has been the focus of limited analysis and action by civil society groups around the world, especially in developing countries. But in recent years,
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Central Banks and the G20 Agenda. Ensuring Policy Coherence
Alexander Barkawi and
José Siaba Serrate | 21 March 2019
Blog,
Monetary | Tags:
Central Banks,
G20,
Governing Finance The G20 has come a long way in pulling economies back from the brink. Yet, a lot remains to be done in its pursuit of inclusive and sustainable growth. Productivity growth is sluggish, unemployment remains well above pre-crisis levels, inequality is hitting record highs, and
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Green Money Without Inflation
Paul De Grauwe | 7 March 2019
Blog,
Monetary | Tags:
Environment,
European Central Bank,
Inflation,
Quantitative Easing To what extent can the money created by the central bank be used to finance investments in the environment? This is a question that is often asked today. The green activists respond with enthusiasm that the central bank, and in particular the European Central Bank
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