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Economic digitalisation must precede changes in law to ensure level playing field

Digital companies, unlike brick-and-mortar companies, can sustain significant economic relations with the market jurisdictions without physical presence. Imagine an e-commerce platform. By Suranjali Tandon Finance Minister’s address to G20 reaffirrmed India’s steadfast approach to taxing digital companies. The issue of large multinationals not paying their fair share of taxation has …

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Pubic policy is ignoring mainstream economics

Alan Blinder, a Princeton economist and former vice-chair of the US Federal Reserve, is credited with coming up with what he calls “Murphy’s Law of economic policy.” It goes as follows: “Economists have the least influence on policy where they know the most and are most agreed; they have the …

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Canada doesn’t need an annual wealth tax

Robin Boadway is the David Chadwick Smith Professor of Economics Emeritus, Queen’s University. Pierre Pestieau is professor of economics emeritus, University of Liège. The idea of an annual wealth tax has taken on new prominence since French economist Thomas Piketty famously proposed one in 2013. U. S. Senator Elizabeth Warren …

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State Services Commission names Caralee McLiesh, currently Managing Director at Technical and Further Education New South Wales, as New Zealand’s new Treasury Secretary

Caralee McLiesh, currently Managing Director at Technical and Further Education (TAFE) New South Wales, has been named as New Zealand’s new Secretary to the Treasury and Chief Executive. The announcement was made on Tuesday morning by State Services Commissioner Peter Hughes. McLiesh succe the departing Gabriel Makhlouf. Hughes notes the Secretary to the Treasury is the …

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Nuclear Industry Leaders Develop Action Plan to Enhance Global Nuclear Fleet Performance

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Gyeongju, South Korea, June 25, 2019 (GLOBE NEWSWIRE) — More than 250 nuclear leaders, including industry stakeholders, regulators, researchers, government representatives and technology providers, participated in a first-of-its-kind global forum to develop an action plan for accelerating the deployment of new technical and …

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R&D Sells, but Who Should Be Buying?

The welfare of a nation, in the long run, is determined by its capacity to produce goods and services for society. That ability depends on what is called in economics “production factors”: capital accumulation, labor and technological progress in the form of innovation, and improvement of applied science and knowledge to enhance the productivity …

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Economic Development and Human Capital in Uganda

Countries need to make the teaching profession more financially and intellectually attractive to meet a growing demand across the world for high-quality teachers, according to a new OECD report. Based on the OECD’s Teaching and Learning International Survey (TALIS), the report, Teachers and School Leaders as Lifelong Learners, says that …

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