The international community seems to be moving towards a historic agreement on the taxation of multinational corporations, hoping to end the race to the bottom by imposing a global minimum tax. At their meeting in Rome, the G20 leaders endorsed the underlying framework created under the auspices of the OECD. The current 100-year-old system was […]
Joseph Stiglitz is an American economist and a professor at Columbia University. A recipient of the Nobel Prize in Economic Sciences, he is also a former senior vice-president and chief economist of the World Bank. He has been working closely with FEPS since 2009.
Despite years of disastrous economic policy, and an even more catastrophic handling of the Covid-19 crisis, US President Donald Trump received substantially more votes in 2020 than he did in 2016. His blustering in the name of America was seen as standing up for the country by these voters – and they will not go […]
Impossible just a few years ago, the search for an adequate EU role on incomes is linked to the effort to correct the economic governance mechanism and make the EPSR real
Smart taxation: making the economy more social and environment-friendly, and ensuring compatibility with the EU single market.
As we survey the damage from the years of crisis and recession in Europe that finally seems to be ebbing, there is a sigh of relief that the Eurozone has not fallen apart. But the return to growth is a far cry from a return to prosperity. At the current pace of “recovery,” no return […]
Inequality has become one of the major debating points among economists—not a surprise given the large increase in inequality over the past 35 years. What are the reasons that the rich are getting richer and what impact does this have on the rest of society? What can we do about the growing inequality? The enormous […]