Blog

Tax Expenditure Country Reports. Unveiling Tax Expenditures at the Country Level

and | 9 July 2024
Fiscal, Blog | Tags: GTED, GTETI, Tax Expenditures
As shown by the Global Tax Expenditures Transparency Index (GTETI) the quality and scope of TE reporting is highly heterogeneous across jurisdictions, which makes cross-country comparability even trickier. The new series will promote deeper discussions of TE regimes, ultimately enhancing the quality and quantity of ... continue reading

To Advance Trade Policy, Strengthen the Role of Parliaments

| 5 July 2024
Trade, Blog | Tags: Parliaments, Trade Agreements
In trade policy, parliaments generally play a lesser or even inexistent role. Strengthening their involvement can advance trade policymaking and help better align it with the public interest. This enhanced role should span the whole policy process. ... continue reading

Energizing Peace: Economic Policies for Affordable, Secure and Clean Energy in Ukraine

and | 13 June 2024
Fiscal, Blog | Tags: Energy, Fossil Fuel Subsidies, Renewables, Ukraine
Ukraine has a vast and diverse renewable energy potential encompassing wind, solar, biomass, hydropower, and geothermal resources. With continued investment and development, Ukraine could significantly increase its renewable energy capacity and reduce its reliance on fossil fuels. ... continue reading

Addressing Climate-Related Financial Risks in ASEAN+3

and | 5 June 2024
Monetary, Blog | Tags: ASEAN+3, BCBS, Climate Risks, Financial Supervision, Macroprudential Policy
Whilst not all jurisdictions have adopted the Basel III banking supervision regime, the Core Principles target all financial supervisors globally. They serve as “the de facto minimum standard” for the “sound prudential regulation and supervision of banks and banking systems”... ... continue reading

Technical Standards in Services and Trade Governance

| 8 May 2024
Trade, Blog | Tags: Artificial Intelligence, Digital Economy, International Standards, Services Trade, Trade Governance
Standards can potentially resolve the trade-off between regulatory certainty and space for innovation, provided they are recognized and accepted by law enforcement bodies. ... continue reading

Economic Policies for Affordable, Secure and Clean Energy. Insights from France

| 3 May 2024
Fiscal, Blog | Tags: Decarbonization, Energy, Fossil Fuel Subsidies, France, Industrial Policy, Tax Expenditures
Successive French governments have reformed the country’s energy sector, with notable achievements in maintaining affordable access, ensuring supply security, and reducing carbon emissions. However, the energy crisis triggered by Russia's invasion of Ukraine in 2022-23 has underscored the imperative for a thorough revision of France's ... continue reading

A Step into the Right Direction: The India-EFTA Trade Agreement

| 1 May 2024
Trade, Blog | Tags: EFTA, Global Value Chains, India, Intellectual Property Rights, Trade Agreements
The new trade agreement between India and EFTA States includes commitments on an important yet often overlooked form of trade restrictions: local content requirements. ... continue reading

Governing AI for Humanity: Thoughts on the UN AI Advisory Body Interim Report

| 8 April 2024
Trade, Blog | Tags: Artificial Intelligence, Data Governance, Innovation
The awesome capabilities of AI applications have raised deep concerns about the future of work, democracy and even humanity itself - and a sense of urgency for establishing effective governance at all levels and use cases. ... continue reading

The Role of the Zambian Legislature in Tax Expenditure Policy

| 2 April 2024
Fiscal, Blog | Tags: Parliaments, Tax Expenditures, Zambia
The Zambian Government annually presents the National Budget, including tax measures and some incentives, to the National Assembly. In addition to TEs granted through budget policy, other incentives are granted through various government institutions... ... continue reading

Striking a Balance on Local Content Requirements in Trade Agreements: The Case of the Energy Sector

| 15 March 2024
Trade, Blog | Tags: Energy, Global Value Chains, Renewables
The new trade agreement between India and EFTA States includes commitments on an important yet often overlooked form of trade restrictions: local content requirements. ... continue reading