Shane Fitzgerald

A portfolio of writing on politics and policy in Europe and Asia

Month: March, 2011

The Quest for Consensus

Economic heavyweights have been knocking their heads together at the International Monetary Fund in recent weeks in an effort to Rewrite the Macroeconomists’ Playbook in the Wake of the Crisis.

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Corporate Tax Battle Looms

The European Commissioner for Taxation, Algirdas Šemeta, has today presented long-awaited new proposals on a Common Consolidated Corporate Tax Base (CCCTB).

The goal is to introduce common rules about what corporate profits are taxable (the base) and to consolidate where they should be paid. The proposals cover tax bases but not rates, which would remain the prerogative of national governments.

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Towards a Grand Bargain? An IIEA Briefing on European Policy Responses to the Eurozone Debt Crisis

A comprehensive response to the European sovereign debt crisis must address the following tasks: crisis management, fiscal consolidation, financial stability, structural reform and strengthening the single market.

The last year has seen a wide array of proposals in these areas tabled by European institutions, politicians and think tanks. Many of the proposals overlap or represent variations on similar core ideas. This briefing outlines the nature, rationale and prospects of some of the most prominent of those ideas.

The proposals are diverse yet interconnected. For the purpose of this brief they have been divided into four main policy areas, subdivided into twenty actions. Particularly sensitive issues, such as treaty change, are addressed individually.

This briefing is not exhaustive and will be updated on a regular basis so as to provide a monitoring resource for interested parties.

Download this briefing paper here.