The Moratorium on Tariffs on E-commerce Should Stay
Hildegunn Kyvik Nordås | 25 November 2021
Trade,
Blog | Tags:
Digitalization,
Tariffs,
WTO
The rise of the digital economy will be hitting the agenda at next week’s Ministerial Conference (MC12) of the World Trade Organization (WTO) in many ways. The continuation of the provisional e-commerce moratorium is one of them – and one that is critical. The e-commerce
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Carbon Prices and Carbon Leakage
Oliver Braunschweig and
Hildegunn Kyvik Nordås | 15 November 2021
Trade,
Blog | Tags:
Carbon Pricing,
Carbon Tax
Over the past weeks, the conversation over a global carbon price has considerably moved up policy debates worldwide. Just half a year ago, hardly anyone would have seen such a global floor as a viable option. Now, it still comes with a big question mark,
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Bridging the Disconnects – From Diagnosis to Action in Addressing Climate-Related Financial Risks
Alexander Barkawi | 29 October 2021
Monetary,
Blog | Tags:
Central Banks,
Climate Risks,
Financial Regulation,
Macroprudential Policy
When the Financial Stability Oversight Council (FSOC) published its Report on Climate-Related Financial Risk last week, it triggered a wide range of reactions. Some praised it as a critical step in moving climate risks up the agenda amongst FSOC members such as the US Treasury,
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Tax Expenditures in the Balkans: Time to Open the Black Box
Flurim Aliu | 28 October 2021
Fiscal,
Blog | Tags:
Tax Expenditures,
Tax Reform
The traditional way of thinking about government expenditure goes as follows: first, governments collect revenue (through taxes, borrowing, or other means such as fines and penalties) and then they spend that revenue through the budget process. However, governments can also choose to support different economic
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Aligning Central Bank Refinancing Operations with the G20 Agenda
Chiara Colesanti Senni and
Pierre Monnin | 6 October 2021
Monetary,
Policy Briefs | Tags:
Central Banks,
Climate Risk,
G20,
Targeted Refinancing Lines
Since the Pittsburgh Summit in 2009, G20 leaders have repeatedly highlighted inclusive growth and environmental protection as core objectives in their joint declarations. With the widening of economic inequalities and the acceleration of climate change and biodiversity loss, their calls for action have gained further
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