Aligning Sovereign Bond Markets with the Net Zero Transition: the Role of Central Banks
Pierre Monnin,
Joseph Feyertag,
Nick Robins and
Alexander Wollenweber | 14 March 2024
Monetary,
Policy Briefs | Tags:
Central Banks,
Climate Risks,
Debt,
Financial Supervision
Aligning sovereign bonds with net zero requires coordinated action by several stakeholders across the financial system. National governments are first in line to act but central banks have a unique opportunity to make a meaningful contribution.
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Why a Deal in the WTO Negotiations on E-Commerce is a “Must-Have” for MC13
Hildegunn Kyvik Nordås and
Jane Drake-Brockman | 13 February 2024
Trade,
Blog | Tags:
Artificial Intelligence,
Digital Economy,
WTO
The internet is fundamentally dependent on openness to cross-border data flows. But many governments are regulating to constrain international data transfers - including under a banner of data sovereignty.
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Rationalizing the Use of Tax Expenditures – The Role of Parliamentarians
Sofia Berg | 31 January 2024
Fiscal,
Blog | Tags:
Parliaments,
Tax Expenditures
The role of parliaments is vital with regard to the monitoring and control of tax expenditures, both as part of the regular budget cycle and ad hoc, if required.
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Advancing Scrutiny: 55 Year of Tax Expenditures Reporting in the United States
Jane G. Gravelle | 14 December 2023
Fiscal,
Blog | Tags:
Parliaments,
Tax Expenditures,
United States
The normal baseline currently used to define tax expenditures by the US Treasury remains fairly close to an economic measure of income, but with some differences. Tax expenditures include employee fringe benefits and imputed income on rents on owner-occupied housing, but not free financial services.
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