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This week, we’ll launch a CGD Working Group report on Publishing Government Contracts at the Open Up? conference in London. That’s an appropriate location not just because the UK is a leader in government contract publication, but also because London is a city that was made considerably safer and more pleasant by an early example of open contracting –involving the construction of the main drainage system by Joseph Bazalgette 150 years ago.
The OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes met in October and announced additional commitments to the new standard for the automatic exchange of tax information.
In 2006 I was in West Bengal with a World Bank team and was asking questions of a group of women about a “livelihoods” program that built and financed women’s self-help groups as a means of increasing women’s productivity and incomes. After asking them questions for an hour or so I asked them if they had any questions for me or the team—after all, they had been so gracious to answer our nosey questions we would be rude to not allow them to ask us anything they wanted to know. After an awkward silence, one woman said “You all are from countries
Illicit financial flows (IFF) is a broad term which conflates a lot of different things, including cross-border laundering of the proceeds of crime, the financing of terrorism, the theft of state assets, private-sector bribery and—of course—abuses of taxation, both personal and corporate.
Toward the end of the 2008 global economic crisis, the consensus was that developed economies would recover just as quickly as they did in past recessions. It was also expected that emerging market economies would continue acting as the world growth locomotive for a relatively long time. Until mid-2011, this perspective appeared to be in the process of materializing. By now, however, this scenario differs significantly from reality.
Two synthesis reports on the science of climate change released this week show just how much halting and reversing tropical deforestation could contribute to global efforts to avert global climate change, which threatens citizens of developing countries first and worst.