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Governments are just not set up to invest in strategic thinking
September 29th, 2010
The above comment has just been made by a senior government official at the Task Force conference in Bergen. How right he is. And he followed up by saying that if the three premises of economics are wrong – there is imperfect information, high transaction costs and irrationality – then making clear what we’re saying combats these failures by reducing asymmetry of information is vital. And transparency he says is key – and reiterates a point I make often – this is because we will all be better off with it. But this requires a change in broader mindset which government won’t...
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Asserting the right to tax corporations – like Wolseley
September 28th, 2010
I am at the conference of the Task Force on Financial Integrity and Economic Development in Bergen for the next couple of days. I’ll be talking on at least a couple of issues – country-by-country reporting being one of them, this morning. It’s in that context that the debate on the relocation of Wolseley plc in the Uk is interesting. As the Guardian reports this morning( apart from quoting this blog, from yesterday):
finance director John Martin said the government needed to end the uncertainty surrounding the taxation of profits in foreign subsidiaries to...
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Watch the Conference Live from Bergen!
September 28th, 2010
The 2010 annual conference of the Task Force on Financial Integrity and Economic Development in Bergen, Norway is now underway. Even if you weren't able to join us in person, you can still join us virtually as we're streaming the conference live on our website here... Opening remarks from Erik Solheim are now streaming live at this link.
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