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"Aside from obvious questions raised by Paul Romer’s resignation, serious concerns remain around the Doing Business report. Hopefully the next chief economist will be given the mandate to bring coherence and fairness to this ranking."
The upcoming EU tax haven blacklist has to include at least 35 countries, including notorious tax havens such as Switzerland and Bermuda, in order to be effective, Oxfam finds in a new report published today. The analysis also shows that at least 4 EU countries would be blacklisted if the EU were to apply its own criteria to member states.
Tax havens deprive countries and their citizens of hundreds of billions of dollars, fuelling inequality and poverty. An EU blacklist of tax havens could help tackle that scandal. This interactive map shows the 35 countries that Europe should blacklist, plus 4 EU member states that also fail the the EU's own blacklisting criteria.
At the meeting of the European Council in Tallinn today France, Germany, Italy and Spain called for an agreement on new measures to tax tech giants, like Google and Amazon. Currently, disparate tax laws allow large companies to pay disproportionately low effective tax rates in the EU.
In a crucial vote today on public country-by-country reporting, two European Parliament committees have given up another chance to take meaningful action for tax transparency.
Economic inequality in Nigeria has reached extreme levels, despite being the largest economy in Africa. The country has an expanding economy with abundant human capital and the economic potential to lift millions out of poverty. What makes Nigeria so unequal and how big is this inequality gap? Find it out and take action.
High levels of inequality across Africa have prevented much of the benefits of recent growth from reaching the continent’s poorest people. To combat inequality in Africa, political and business leaders have to shape a profoundly different type of economy.
The gap between the richest and the rest in Indonesia has grown faster in the past two decades than in any other country in South-East Asia. This report shows how President Jokowi could fight inequality by enforcing a living wage for all workers, increasing spending on public services, and making big corporations and rich individuals pay their fair share of tax.