The 20th century’s international order, which installed the United States, Europe and Japan in dominant positions, is ending. New powers are emerging to challenge a system arranged within the framework of U.S. and European multilateralism. Transitional processes necessarily breed chaos and uncertainty. This is the global situation to which our economies and political systems must adapt.
- Expanding state
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GIS Dossier: Tax reform vs. harmonization
Political elites around the world are calling for higher taxes, as well as more centralized, unified systems to ensure as much as possible is collected. Yet populations are increasingly raising the alarm about overly complex or onerous taxes. For years, GIS experts have explained why moves toward higher tax burdens are a mistake. The question is whether leaders will wake up to that reality.