Tag: G20

Assessing Tax Expenditure Reporting in G20 and OECD Economies

and | 6 November 2018
Fiscal, Discussion Notes | Tags: G20, OECD, Tax Expenditures
Governments worldwide pursue public policy objectives through direct spending and tax expenditures (TEs). Interestingly though, and despite their significant impact on government budgets, TEs are opaque and very often not subject to the same level of scrutiny in the budget process as direct spending. This ... continue reading

The Sunday Program: International Tax Cooperation in the G20

| 20 July 2018
Fiscal, Blog | Tags: G20, Tax Competition, Tax Expenditures
Christine Lagarde suggested in a recent IMF Blog that G20 Finance Ministers and Central Bank Governors should concentrate their efforts on three fields when they meet in Buenos Aires on Sunday: global trade, emerging market vulnerabilities, and the impact of technology on jobs. International tax ... continue reading

Asia’s Poor Increase by One-Billion Overnight

| 16 September 2014
Trade, Blog | Tags: G20, IMF, Poverty, Trade, WTO
The news has been exceptionally bad recently: carnage in the Middle East, race riots in the US, ongoing recession in the Eurozone and Japan, tension in the South China Sea, high youth unemployment virtually everywhere, the Ebola epidemic and so on and so depressingly forth. ... continue reading

“What’s it for?” – Moral responsibility in an age of globalization

| 2 December 2012
Trade, Blog | Tags: Financial Markets, G20, WTO
Several years ago, I was approached by an Indian student following a lecture I had given on globalization and the interdependence of markets through cross-border flows of goods, services, ideas, knowledge, science and people. His question was: “But what’s it for?” In the late 20th/early ... continue reading

Resisting the perils of protectionism

| 31 July 2012
Trade, Blog | Tags: G20, Protectionism, WTO
We live in highly perilous times. The resurgence of protectionism and the breakdown of the tenuous global trade peace represent some of the greatest perils. On the basis of current trends, such an outcome seems inevitable. It is simply a question of when. While alarmists ... continue reading