IMF
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Evading the Taxman: The Effects of Perceived Influence
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Death may be unavoidable, but taxes? Not so much. An estimated $430 billion per year evades capture from tax collecting regimes worldwide. Developing countries are disproportionately harmed by tax evasion, with individual country losses equal to about half of their public health budgets. Generally speaking, tax evasion is any deliberate behavior to avoid…
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Motores del crecimiento, el caso a favor de la equidad
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¿Porqué hay países ricos y países pobres? Esta cuestión ha plagado a economistas desde que Adam Smith escribió “La Riqueza de las Naciones”, publicado en 1776. El crecimiento económico ha sido modelado de forma analítica desde mediados del siglo XX por Solow y Swan, con aportes en años sucesivos por…
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The Future of US Foreign Policy: An End to Liberal Internationalism?
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Liberal internationalism, despite what the phrase may imply, does not favor the views of Democrats over Republicans. Instead, liberal internationalism features bipartisan values—including freedom, democracy, an open global economy, and respect for human rights. Defined by international engagement, it promotes liberal states’ engagement with other states’ affairs and wider global…
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What’s Dragging Down the Asian Economy? A New Look at Determinants of Growth
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Researchers find that private and public investments, lower financial risk, and flexible exchange rate regimes appear to support the economic growth of Asian countries, while more open capital accounts marginally reduce growth.
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(Mis)measuring Economic Wealth
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In a new paper, Joseph Stiglitz offers potential ideas about what may have contributed to a mismeasurement of wealth.
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The New Development Bank: A Building Block of an Alternative World Order?
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Seen as an initiative to restructure international financial structures, the BRICS bank may not necessarily be a stepping stone to further security and strategic institutionalization.
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Into Sub-Saharan Africa: Spillover Effects of China’s Economic Boom Through Trade
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China’s domestic investment activities prove as strong stimulus to direct trade expansion for its partners in Africa.
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The Cost of Ignoring Labor Reform in Japan
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Economists contend that polarization in Japan’s labor force could hold back the success of Abenomics.
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What Currency War?
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Contrary to analysts’ expectations, US capital outflow was relatively small in 2011 and the US dollar actually appreciated against the currency of emerging markets.
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Is China Rebalancing?
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A new report from the International Monetary Fund explores the future of the Chinese trade surplus.
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