Harmful corporate tax competition calls for a new system

In a recent research paper, the International Monetary Fund (IMF) has highlighted the harmful impacts of falling corporate tax rates. In particular, this phenomenon since the early 1980s has been detrimental for developing countries which rely on direct taxation more than developed countries.Admitting the unfairness of the current international corporate...

Locating equality: Real estate a focus of discontent

Inequality is the leading political and economic issue of the current era, yet debates about it have long suffered from a degree of imprecision. For example, the standard measure of inequality, the Gini coefficient, reduces a country's entire income distribution to a single number between zero and one, and is...