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BoC’s former No. 2 sets out a plan for the G20
Saturday, April 9th, 2011
April 8, 2011
G20 governments have a responsibility to create the local political conditions to allow for policies that are good for the global economy, rather than just the domestic economy… current economic models do a poor job at predicting how changes in domestic policies will ripple through the global system. With that analysis in place, countries should publish an “international impact assessment” with each domestic policy that could affect other countries. The G20 also should draw up a “schedule of cooperation.” The idea is to bolster accountability.
Tags: economy, globalization, ideology
Posted in Policy Context | No Comments »
The $7-trillion challenge
Sunday, June 27th, 2010
Jun. 26, 2010
… too many governments for too long have relied on cutting taxes as the surest way to spark economic growth. It works as long as there is enough revenue coming in to pay for governments’ obligations or bond traders are willing to finance the spending. With the revenue from booming economies gone, and bond markets less willing to finance bloated government deficits, policy makers must now look for more complicated solutions…
Tags: budget, economy, globalization
Posted in Debates | No Comments »
Canada to oppose global bank tax
Friday, February 19th, 2010
Friday, Feb. 19, 2010.
The push for global co-cordination has been gathering steam. While Mr. Brown has promoted a global initiative, President Barack Obama has already unviled a levy of 0.15 per cent on liabilities of financial institutions with assets of more than $50-billion (U.S.), and Britain and France are taxing bank bonuses.
Posted in Governance Debates | No Comments »
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