The better route to global tax coordination: Gradualism or multilateralism?

The route to risk reduction: better rules or better decisions?

To Tax or Not to Tax: Alternative Approaches to Slowing Global Warming

How can countries best coordinate their policies to slow global warming? This study reviews different approaches to the political and economic control of global public goods such as global warming. It compares quantity-oriented mechanisms like the Kyoto Protocol with price-type control mechanisms such as internationally harmonized carbon taxes. The analysis focuses on such issues as the relatio...

Gradualism in Tax Treaties with Irreversible Foreign Direct Investment

Bilateral international tax treaties govern the host country taxation for the vast majority of the world’s foreign direct investment (FDI). Of particular interest is the fact that the tax rates used under these treaties are gradually falling although the treaties themselves do not specify any such reductions. Since there is no outside governing agency to redress treaty violations, such reductio...

Child Care Assistance: Are Subsidies or Tax Credits Better?

Child Care Assistance: Are Subsidies or Tax Credits Better? We evaluate price subsidies and tax credits for child care. We focus on partnered women’s labor supply, household income and welfare, demand for formal and informal child care and government expenditure. Using Australian data, we estimate a joint, discrete structural model of labor supply and child care demand. We introduce two methodo...

Multilateralism and the Future of the Global Nuclear Nonproliferation Regime

Jayantha Dhanapala is the Under-Secretary General for Disarmament Affairs at the United Nations. He served as President of the 1995 Nonproliferation Treaty Review and Extension Conference. He has also served as the Ambassador of Sri Lanka to the United Nations in Geneva and the United States, worked as Director of the Geneva-based United Nations Institute for Disarmament Research (UNIDIR), and ...