Growth enhancing policies, domestic resource mobilisation, and strengthening the budget position of governments in low and middle income countries has been a core focus of the G20’s development agenda. However, while the G20 has often focused on the taxation rules involving multi-national companies, here, Magalí Brosio considers whether more efficient and equitable expenditure policies, which individuals often use to lower their overall tax bill, could assist developing countries in strengthening their overall economic growth agendas.
In this post, Fabrizio Carmignani considers the global macroeconomic context of this year’s G20 meetings. In the face of sluggish GDP growth, and increasingly limited space for further monetary policy manoeuvre, Carmignani outlines potential fiscal policy options for G20 governments to consider individually, and collectively. Read the rest of this entry »
However necessary it may be, amid an anti-elitist zeitgeist, the optics of a lavish forum that brings together leaders from twenty of the world’s largest economies cannot help but come across as a little tone-deaf. In this blog, Hugh Jorgensen explores whether taxation might be one area where the G20 could demonstrate an appreciation of, and need to respond to, the public’s apparent and growing frustration with status quo economic policy.