China is approaching a fork in the road: rely on the policies that have worked in the past or update its policies for a new era of high-quality growth. Kristalina Georgieva discusses
Global Trade
Climate Action
Visit our companion website Finance21
Finance21 provides an overview of the financial sector in these turbulent and unique times.
Tax
Broader border taxes: a new option for EU budget resources
The EU needs new resources to fund its budget. Pascal Saint-Amans considers the problems of tax leakage and discusses how the EU can access new funds
Taxing the wealthy
Taxing the wealthy effectively and equitably presents a choice between wealth and capital income taxes, each with its own trade-offs. Spencer Bastani and Daniel Waldenström compare the effectiveness of the two forms of taxation
Carbon leakage: an additional argument for international cooperation
Climate change is a collective action problem that requires substantial international cooperation. Christofer Schroeder and Livio Stracca present new evidence that carbon taxes are undermined by ‘leakage’