
Here’s a simple and fair way to end corporate tax abuse
Current proposals are complex and unequal. A minimum effective tax rate will reallocate undertaxed profits with substantial benefits for non tax-havens.
What are the new approaches to applying the tools of economic policy for shaping a new, inclusive economy? The COVID-19 crisis has laid bare the fragilities of our economic systems, and the breadth, depth and speed of the transformations that our economies and societies are undergoing have accelerated exponentially. The unprecedented nature of this shock has fostered the temporary adoption of economic policies previously considered radical by orthodox economic theory. Key themes to address include new approaches, proposals and pilots reshaping tax and public spending, monetary policy and managing public debt. The Global Future Council on the New Agenda for Fiscal and Monetary Policy will develop new thinking and influence change and action through the Forum’s Platform for Shaping the New Economy and Society and shape key inputs to the Great Reset initiative.
Co-chairs
Council Manager
Guillaume Hingel, Insights Lead, Benchmarking Practice, Centre for the New Economy and Society, World Economic Forum
Current proposals are complex and unequal. A minimum effective tax rate will reallocate undertaxed profits with substantial benefits for non tax-havens.
Measures tracking mobility, such as Google Community Mobility Reports, showed that adherence to keeping our distance from others began to relax, likely caused by pandemic fatigue.
This new research reveals clean air could deliver a $2.2 billion annual boost to the UK economy, and could prevent up to 17,000 premature deaths.