Policy Briefs and Testimonies

China’s Structural Monetary Policy Tools: Objectives, Limitations, Unintended Consequences

| 7 November 2022
Monetary, Policy Briefs | Tags: Central Banks, China, Monetary Policy
Central bank interventions have intended and unintended structural effects. A growing number of monetary authorities are acknowledging these structural implications of monetary policy and have started addressing them more actively. In line with this development, the People’s Bank of China (PBC) has introduced a range ... continue reading

Digital Industrialization: Building Internationally Competitive Digital Industries With Global Value Chain Connectivity

, , , , , , and | 14 October 2022
Policy Briefs, Trade | Tags: Digital Economy, Trade Governance
Formulating domestic strategies to develop digital industries and increase participation in fast growing “tech trade” has emerged as a policy priority across the G20. This requires a balancing act between industrialization versus employment objectives, data protection and national security goals versus international competitiveness and openness. ... continue reading

Tax Expenditures and Female Labour Force Participation

, , , and | 4 October 2022
Fiscal, Policy Briefs | Tags: Employment, Fiscal Policy, Tax Expenditures
The gender gap in labour force participation (LFP) has been a long-standing issue worldwide. On average, female LFP is currently 25 percentage points below men’s. The impact of the COVID19 pandemic has widened the gap since women have been hit harder by the crisis.. The ... continue reading

Tax Incentives and Corporate Taxation

| 19 July 2022
Fiscal, Testimonies | Tags: Corporate Taxes, Tax Expenditures
Tax expenditures are benefits granted to specific sectors, activities or groups of taxpayers through preferential tax treatment; including exemptions, deductions, and lower tax rates. ... continue reading

G7 Countries Must Urgently Phase Out Fossil Fuel Subsidies

, and | 8 April 2022
Fiscal, Policy Briefs | Tags: Climate Change, Fossil Fuel Subsidies
The world’s governments have pledged to fight climate change, yet many still subsidize fossil fuels, the combustion of which increases GHG emissions. Phasing out these subsidies is thus vital to combating climate change. What this Policy Brief proposes is that G7 Governments reaffirm their commitment ... continue reading