Tax Incentives for Investment. Old and New Challenges for International Trade
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
Services Trade Governance in the Digital Economy
Hildegunn Kyvik Nordås | 26 March 2021
Trade,
Policy Briefs | Tags:
Digitalization,
Services Trade,
Trade Policy Services are at the frontier of the transformation to a digital economy. R&D as well as information and communication technology drive the transformation and make services more tradable across borders. The General Agreement on Trade in Services (GATS) governing global services trade was designed in
... continue reading
Trade Implications of Tax Expenditures
Agustin Redonda,
Irma Mosquera Valderrama,
Gilles Carbonnier,
Robert Koopman,
Rahul Mehrotra and
Facundo Calvo | 15 September 2020
Fiscal,
Trade,
Policy Briefs | Tags:
Carbon Tax,
Digitalization,
Tax Competition,
Tax Expenditures International trade and taxation are inextricably linked and have been high-priority issues within the Group of Twenty (G20) agenda. However, the interconnections between international trade and tax expenditures—that is, benefits granted through preferential tax treatment—have been overlooked. This brief calls for a better design of
... continue reading
The Digital Economy for Economic Development: Free Flow of Data and Supporting Policies
Lurong Chen,
Wallace Cheng,
Dan Ciuriak,
Fukunari Kimura,
Junji Nakagawa,
Richard Pomfret,
Gabriela Rigoni and
Johannes Schwarzer | 27 April 2019
Trade,
Policy Briefs | Tags:
Digitalization,
Inclusiveness The digital economy provides ample opportunities for G20 economies to accelerate inclusive economic growth. To take advantage of digital technology, free flow of data backed up by a series of policies to address other public policy objectives must be promoted. However, policies for the flow
... continue reading
Services Trade for Sustainable, Balanced, and Inclusive Growth
Carlos Primo Braga,
Jane Drake-Brockman,
Bernard Hoekman,
J. Bradford Jensen,
Patrick Low,
Hamid Mamdouh,
Pierre Sauvé,
Johannes Schwarzer and
Sherry Stephenson | 3 April 2019
Trade,
Policy Briefs | Tags:
Digitalization,
Economic Growth,
Services Trade Structural changes in the world economy have altered the way we think about the nexus between trade and growth. In particular, the rise of the services economy and the digital revolution have rocked the world of trade policy-making in ways that are not nearly sufficiently
... continue reading