The Doha Forum Report 2020 examines the leadership deficit in multilateral cooperation toward both the coronavirus pandemic and other existing and emerging global challenges, including runaway... Show moreThe Doha Forum Report 2020 examines the leadership deficit in multilateral cooperation toward both the coronavirus pandemic and other existing and emerging global challenges, including runaway climate change, rising political violence, menacing cyber-attacks, and growing inequality within and between countries. It finds that present international efforts are too often fragmented, delayed, ad hoc, and under-resourced, while pointing to promising new public-private partnerships to spur innovation through new technologies and to promote decent job and wealth creation opportunities. The report also recommends a roadmap for a durable, green, and broad-based global recovery and institutional revitalization, culminating in a 2023 World Summit on Inclusive Global Governance. With the recent news on the expected arrival of one or more effective vaccines, the road to recovery must chart a bold new course and avoid a return to the “old normal” of unsustainable practices. Show less
Mosquera Valderrama, I.J.; Lesage, D.; Lips, W. 2018
The OECD-G20 project on Base Erosion and Profit Shifting (BEPS) is the largest reform of the international tax architecture in decades. The BEPS project aims to ensure that multinationals pay their... Show moreThe OECD-G20 project on Base Erosion and Profit Shifting (BEPS) is the largest reform of the international tax architecture in decades. The BEPS project aims to ensure that multinationals pay their taxes in the jurisdictions where they create value and where their economic activity takes place. When it is fully implemented, it will substantially alter the global governance architecture for taxation. This is a commendable goal, yet the BEPS project can be criticized for not sufficiently tailoring to the specific needs of developing countries. While it has made a laudable attempt to be more attentive towards developing countries with the creation of the BEPS inclusive framework, this concerns the implementation phase of BEPS. The agenda-setting and decision-making process only included the G20 and OECD countries. Against this background, it is unclear how and if the BEPS project considered the specific needs of developing countries, especially in light of the Sustainable Development Goals (SDGs). This paper will examine this issue by addressing the following questions: (i) Were the Sustainable Development Goals (SDGs) and the interests of developing countries to attract investment considered throughout the BEPS Process? (ii) What issues of international taxation, beyond BEPS, should be addressed to fulfill developing countries' domestic resource mobilization needs to achieve the 2030 Agenda for Sustainable Development. We conclude with a set of recommendations to the international global tax governance architecture to be more inclusive and responsive to development countries’ needs. Show less
