Tag: Inequality

Central Banks and Inequality – COVID-19 and Beyond

Upcoming: 7, 11 and 14 December, 2020 | Online
Monetary, Panel | Tags: Central Banks, Financial Regulation, Inequality, Monetary Policy
A three-part series on “Central Banking and Inequality—COVID-19 and Beyond.” The three discussions will cover the link between inequality and financial regulation, financial market infrastructure, and monetary policy. ... 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

Tackling Inequality Through Tax Expenditure Reform

and | 24 September 2020
Fiscal, Policy Briefs | Tags: G20, Inequality, Tax Expenditures, VAT
Inequality endangers social cohesion and hampers economic growth, and as a consequence of the COVID-19 pandemic, inequality is set to increase. Hence, the commitment of the Group of Twenty (G20) to address inequality in the context of the Sustainable Development Goals (SDGs) is arguably more ... continue reading

Worthy Goals, Flawed Policies – Why Increasing Tax Deductions for Parents Can be Wrong

| 4 September 2020
Blog, Fiscal | Tags: Inequality, Tax Expenditures
Tax expenditures (TEs) – also called tax benefits, tax reliefs, or simply tax subsidies – are used widely to pursue different policy objectives, e.g. boosting innovation and R&D, attracting investment and reducing poverty. Governments worldwide forego significant amounts of revenues through the implementation of these ... continue reading

Tax Expenditures and Inequality

| 16 June 2020
Discussion Notes, Fiscal | Tags: Inequality, Sustainable Development, Tax Expenditures
Tax expenditures are used widely by governments across the world to pursue different public policy goals including boosting innovation and R&D, job creation, greening the economy as well as mitigating inequality and tackling poverty. Yet, besides their stated goals (which are often aligned with a ... continue reading