Tag: Covid-19

“不能永续的事物终将停止”

| 21 June 2021
Fiscal, Monetary, Policy Briefs, Second Language | Tags: Covid-19, Debt, Democracy, Environment, Financial Stability, Health Systems, Inequality, International Cooperation, Resilience
这个著名的言论来自于赫伯特 • 斯坦, 美国企业研究所的资深研究员。这句话之所以家喻户晓是因为其道理显而易见。然而,人们常常忽略,公共政策通常建立在一个截然不同的假设上,即未来可看做是现在的延续。这令人深感遗憾,因为人类未来所依赖的许多极为重要的系统正在以一种不可持续的方式演化着,并面临着终止的风险。全球的经济、政治、环境健康系统都承受着巨大的压力,也显示出崩溃的迹象。 ... continue reading

“If Something Cannot Go on Forever, It Will Stop“

| 1 April 2021
Fiscal, Monetary, Policy Briefs | Tags: Covid-19, Debt, Democracy, Environment, Financial Stability, Health Systems, Inequality, International Cooperation, Resilience
“If something cannot go on forever, it will stop.” This famous observation was made by Herb Stein, Senior Fellow at the American Enterprise Institute. It became famous largely because it was just that, obvious. Yet, what is no less obvious is that public policy is ... continue reading

Avoiding a Household Debt Crisis with a Targeted Policy Response

| 8 January 2021
Blog, Fiscal | Tags: Covid-19, Debt, Income Tax, Unemployment
The economic effect of the Covid-19 pandemic varies highly across industrial sectors, education levels and income groups, adding further to inequality across the globe. This calls for highly targeted policy responses for the sake of fiscal prudence and to avoid further economic and financial hardship ... continue reading

COVID-19 and Inequality: The Urgent Need for Tax Expenditure Reform

and | 24 November 2020
Blog, Fiscal | Tags: Covid-19, Inequality, Tax Expenditures, Tax Reform
The economic impact of COVID-19 is both unprecedented and far-reaching. There is now little doubt that the pandemic will disproportionally hit the worse-off, hence exacerbating inequality. It is also clear that the pandemic is particularly affecting groups and sectors that were already under significant stress ... continue reading

COVID-19 and Seizing the Opportunity for Reforming Tax Expenditures in Africa

and | 27 July 2020
Blog, Fiscal | Tags: Covid-19, Domestic Revenue Mobilization, Tax Expenditures
The  resources needed for financing the Sustainable Development Goals (SDGs) are estimated at USD 2.5 – 3 trillion per year. According to the IMF, low-income countries (LIC) will need, on average, additional resources amounting to 15.4% of GDP to finance the SDGs in education, health, ... continue reading