Tag: Investment

Tax Incentives for Investment. Old and New Challenges for International Trade

Upcoming: 24 June, 2021 14.00-17.00 CET | Online
Fiscal, Workshops | Tags: Digitalization, Investment, Tax Expenditures, Tax Incentives
Despite their stated goals including attracting FDI, creating employment and boosting R&D and innovation, tax incentives for investment are often ineffective. Indeed, several provisions are redundant and hence end-up triggering costly windfall gains. They can also trigger negative spillover effects on third countries, e.g. when ... continue reading

Why Governments Continue to Offer Inefficient Investment Incentives? The Role of Bureaucratic Design

and | 19 March 2021
Blog, Fiscal | Tags: Investment, Tax Incentives
Governments worldwide use a myriad of tax incentives to promote investment and yet, there is little evidence that these incentives actually work as intended. Moreover, although the striking lack of transparency makes it hard (if not impossible) to accurately estimate their fiscal cost, the available ... continue reading

International Economic Cooperation in Troubled Times: A Call for Strong Action by the G20

, , , , , , , and | 26 November 2018
Blog, Fiscal, Trade | Tags: Employment, G20, Investment, Protectionism, Services Trade, Tax Competition, Tax Expenditures
The leaders of the G20 will meet on 30 November and 1 December in Buenos Aires for their annual summit. They need to acknowledge that the last two years have been characterized by strong headwinds for the world economy. This time, however, it is not ... continue reading

Investor-State Dispute Settlement: An Anachronism Whose Time Has Gone

| 24 September 2018
Policy Briefs, Trade | Tags: Investment, ISDS, Services Trade
Investor-State Dispute Settlement (ISDS) – a mechanism that allows foreign investors to bring claims against host governments to an international arbitral tribunal – is a postcolonial relic that should be abolished. ... continue reading

Tax Expenditure and the Treatment of Tax Incentives for Investment

, , , , , and | 12 July 2018
Fiscal, Policy Briefs | Tags: Fossil Fuel Subsidies, Investment, Tax Expenditures
Governments use tax expenditures to boost investment, innovation and employment. However, these schemes are largely opaque, costly and often ineffective in reaching their stated goals. They also frequently trigger unwanted side effects. In order to improve the performance of these tools, we present three concrete ... continue reading