Studia Diplomatica Lxviii-3 (2017) the Future of the Gx
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The Battle Over Taxing Offshore Accounts
Georgetown University Law Center Scholarship @ GEORGETOWN LAW 2012 The Battle Over Taxing Offshore Accounts Itai Grinberg Georgetown University Law Center, [email protected] This paper can be downloaded free of charge from: https://scholarship.law.georgetown.edu/facpub/1786 http://ssrn.com/abstract=2497998 60 UCLA L. Rev. 304 This open-access article is brought to you by the Georgetown Law Library. Posted with permission of the author. Follow this and additional works at: https://scholarship.law.georgetown.edu/facpub Part of the Taxation-Transnational Commons, and the Tax Law Commons The Battle Over Taxing Offshore Accounts Itai Grinberg EVIEW R ABSTRACT The international tax system is in the midst of a contest between automatic information reporting and anonymous withholding models for ensuring that nations have the ability to LA LAW LA LAW tax offshore accounts. At stake is the extent of many countries’ capacity to tax investment UC income of individuals and profits of closely held businesses through an income tax in an increasingly financially integrated world. Incongruent initiatives of the European Union, the Organisation for Economic Cooperation and Development (OECD), Switzerland, and the United States together represent an emerging international regime in which financial institutions act to facilitate countries’ ability to tax their residents’ offshore accounts. The growing consensus that financial institutions should act as cross-border tax intermediaries represents a remarkable shift in international norms that has yet to be recognized in the academic literature. The debate, however, is about how financial institutions should serve as cross-border tax intermediaries, and for which countries. Different outcomes in this contest portend starkly different futures for the extent of cross-border tax administrative assistance available to most countries. -
Investment, Inclusiveness, Implementation, and Health Governance
Leon Berkelmans Investment, inclusiveness, Stephen Grenville implementation, and health John Kirton Julia Kulik governance Tristram Sainsbury Hannah Wurf Number 16 | April 2015 INVESTMENT, INCLUSIVENESS, IMPLEMENTATION, AND HEALTH GOVERNANCE The Lowy Institute for International Policy is an independent policy think tank. Its mandate ranges across all the dimensions of international policy debate in Australia – economic, political and strategic – and it is not limited to a particular geographic region. Its two core tasks are to: • produce distinctive research and fresh policy options for Australia’s international policy and to contribute to the wider international debate. • promote discussion of Australia’s role in the world by providing an accessible and high-quality forum for discussion of Australian international relations through debates, seminars, lectures, dialogues and conferences. Funding to establish the G20 Studies Centre at the Lowy Institute for International Policy has been provided by the Australian Government. The views expressed in the contributions to this Monitor are entirely the authors’ own and not those of the Lowy Institute for International Policy or of the G20 Studies Centre. INVESTMENT, INCLUSIVENESS, IMPLEMENTATION, AND HEALTH GOVERNANCE TABLE OF CONTENTS Overview 3 Tristram Sainsbury Inclusive growth is growth 8 Leon Berkelmans Advancing G20 accountability 14 John Kirton and Julia Kulik Are PPPs the answer for infrastructure development? 22 Stephen Grenville Can the G20 help prepare the world for future health pandemics? 29 Tristram Sainsbury and Hannah Wurf Contributors 1 INVESTMENT, INCLUSIVENESS, IMPLEMENTATION, AND HEALTH GOVERNANCE OVERVIEW TRISTRAM SAINSBURY1 The Turkish G20 Presidency has indicated that in 2015 the G20 will focus on ensuring inclusive and robust growth through collective action. -
China, Global Governance and the Future of Cuba, In: Journal of Current Chinese Affairs, 41, 1, 155-179
Journal of Current Chinese Affairs China aktuell Hearn, Adrian H. (2012), China, Global Governance and the Future of Cuba, in: Journal of Current Chinese Affairs, 41, 1, 155-179. ISSN: 1868-4874 (online), ISSN: 1868-1026 (print) The online version of this article and the other articles can be found at: <www.CurrentChineseAffairs.org> Published by GIGA German Institute of Global and Area Studies, Institute of Asian Studies in cooperation with the National Institute of Chinese Studies, White Rose East Asia Centre at the Universities of Leeds and Sheffield and Hamburg University Press. The Journal of Current Chinese Affairs is an Open Access publication. It may be read, copied and distributed free of charge according to the conditions of the Creative Commons Attribution-No Derivative Works 3.0 License. To subscribe to the print edition: <[email protected]> For an e-mail alert please register at: <www.CurrentChineseAffairs.org> The Journal of Current Chinese Affairs is part of the GIGA Journal Family which includes: Africa Spectrum ●● Journal of Current Chinese Affairs Journal of Current Southeast Asian Affairs ●● Journal of Politics in Latin America <www.giga-journal-family.org> Journal of Current Chinese Affairs 1/2012: 155-179 China, Global Governance and the Future of Cuba Adrian H. HEARN Abstract: China’s deepening engagement with Latin America has been accompanied by concerns about the Chinese government’s regard for international conventions of economic governance. Critics claim that across Latin America and the Caribbean, Chinese aid and trade are char- acterised by excessive state intervention. This article argues that, for two reasons, the rationale for these misgivings is dissipating. -
Thesis Reference
Thesis Cross-border resolution of banking groups: old demons, current progress, future challenges PNEVMONIDIS, Ilias Abstract This contribution focuses on the development of bank resolution regimes as a credible antidote to the ‘too big to fail' problem. The main objective of the analysis is to demonstrate the repercussions and challenges resulting from the implementation of bank resolution schemes on a cross-border level. This work is a selective survey of specific legal questions, which remain relatively unaddressed by academic literature and international standard-setting bodies (e.g. bank resolution triggers or safeguards for bank creditors under bank resolution) or still problematic (e.g. resolution planning or cooperation and information exchange between resolution authorities), in particular when applied in a cross-border context. The author aims to shed more light to the complexities of cross-border bank resolution while trying to answer to the fundamental question: have we ended the ‘too big to fail' problem? Reference PNEVMONIDIS, Ilias. Cross-border resolution of banking groups: old demons, current progress, future challenges. Thèse de doctorat : Univ. Genève, 2014, no. D. 895 URN : urn:nbn:ch:unige-483624 DOI : 10.13097/archive-ouverte/unige:48362 Available at: http://archive-ouverte.unige.ch/unige:48362 Disclaimer: layout of this document may differ from the published version. 1 / 1 Cross-border Resolution of Banking Groups: Old Demons, Current Progress, Future Challenges Ilias Pnevmonidis Thèse de Doctorat Sous la direction du Professeur Luc Thévenoz (Références à jour au 1er janvier 2015) Faculté de droit de l’Université de Genève Imprimatur No 895 “As you set out for Ithaca hope your road is a long one, full of adventure, full of discovery” Konstantinos Kavafis, Ithaca, 1911 This work is the result of a four-year ‘journey’ in the passionate world of international banking practices and the cross-border aspects of financial crisis management. -
Exim Bank's Commencement Day Annual Lecture 2015
Exim Bank’s Commencement Day Annual Lecture 2015 ‘Evolving International Governance, Emerging Markets and India’s Economic Prospects’ Dr. John Lipsky Senior Fellow, Paul H. Nitze School of Advanced International Studies Johns Hopkins University, Washington D.C. Former Deputy Managing Director, IMF 101 This is the Thirtieth Exim Bank Commencement Day Annual Lecture, delivered at the Y. B. Chavan Centre, Mumbai - 400 021 on Monday, March 23, 2015. No part of this Lecture may be reproduced without the permission of Export-Import Bank of India. The views and interpretations in this document are those of the author and not ascribable to Export-Import Bank of India. Evolving International Governance, Emerging Markets and India’s Economic Prospects Dr. John Lipsky Senior Fellow Foreign Policy Institute The Paul H. Nitze School of Advanced International Studies Johns Hopkins University Washington, DC I’m honoured to be speaking today at this important event sponsored by EXIM Bank - an institution that is playing a key role in promoting India’s trading relationships with partners around the world - and I would like to thank the management of EXIM for the opportunity to be here. Of course, EXIM Bank’s kind invitation to be the 2015 Commencement Speaker led me to look back at the institution’s history. I found it somewhat surprising that the institution commenced operations just 33 years ago. Perhaps the promotion of India’s international commercial relations previously hadn’t seemed so central to India’s future progress and prosperity, as it does today. Of course, it is sobering, daunting, but also amazing and energizing to realize how much has changed in just that relatively brief span since EXIM’s founding. -
Climate Change: a G8 Overview
Climate change: A G8 Overview Developing Visions Towards a Low Carbon Society Through Sustainable Development – June 16 2006 David Warrilow Head of Climate Change Science Policy DEFRA, UK WHY IS CLIMATE CHANGE AN ISSUE FOR THE G8? • The G8 accounts for over 65% of global GDP and 47% of global CO 2 emissions. • United Nations Framework Convention on Climate Change – Article 3: “the developed country Parties should take the lead in combating climate change and the adverse effects thereof.” UK G8 PRESIDENCY – GLENEAGLES SUMMIT OUTCOMES •G8 leaders agreed that climate change is happening now, that human activity is contributing to it, and that it could affect every part of the globe. •They recognised that, globally, emissions must slow, peak and then decline, moving to a low-carbon economy. •Gleneagles Dialogue on Climate Change, Clean Energy And Sustainable Development. •Gleneagles Plan of Action on Climate Change, Clean Energy And Sustainable Development. Gleneagles Dialogue on Climate Change, Clean Energy And Sustainable Development • First meeting held 1 st November 2005 • “We invite other interested countries… (G8+5 and others) • ”Transforming our energy systems … a more sustainable future • “Monitor implementation of… the Plan of Action • IEA and World Bank involvement Gleneagles Dialogue Working Groups •Meetings in Mexico 7-9 June •Preparations for Ministerial meeting in October •Not an alternative to official UNFCCC process •Facilitates discussion on aspects of combating climate change: Technology Transfer Market Mechanisms Adaptation Gleneagles Plan of Action Climate Change, Clean Energy And Sustainable Development • Using less energy • Cleaner sources of energy • Developing country interests • Adaptation and logging – sustainable development International Energy Agency (IEA) Workplan •Advise participants in the Dialogue on alternative energy scenarios and strategies to create a clean clever and competitive energy future. -
Ko Voskuilen
Orchestration in International Governance: the case of the India, Brazil and South Africa Dialogue Forum. Ko Voskuilen Leiden University Faculty of Humanities International Studies This thesis is submitted for the degree: Master of arts in International Relations. Ko Voskuilen July 2017 July 2017 S1215221 First reader: Dr. S.S, Regilme. Second reader: Dr. K. Smith. Wordcount: 14973. 2 Orchestration in International Governance: the case of the India, Brazil and South Africa Dialogue Forum. Contents. List of abbreviations. ............................................................................................................................... 4 Abstract. .................................................................................................................................................. 5 Introduction. ........................................................................................................................................... 5 Chapter 1 - Literature Review. ................................................................................................................ 8 Chapter 2 - Theory and methodology. .................................................................................................. 14 Chapter 3 - Putting IBSA in perspective. ............................................................................................... 22 South-South cooperation. ............................................................................................................. 22 IBSA .............................................................................................................................................. -
Creating Compliance with G20 and G7 Climate Change Commitments Through Global, Regional and Local Actors
Creating Compliance with G20 and G7 Climate Change Commitments through Global, Regional and Local Actors John Kirton, Brittaney Warren and Jessica Rapson University of Toronto Paper prepared for the annual convention of the International Studies Association, April 7–10, 2021. Version of April 1. Key words (three tags): G20, G7, climate change Abstract The greatest global change, where the process of globalization is now complete, is climate change and the existential threats it brings. How do the central global governance institutions of the Group of Seven (G7) major democratic powers from the rich North and the Group of 20 (G20) systemically significant states, including countries of the emerging South, create and comply with commitments to control climate change, by working with key actors at the multilateral, regional, sub-national, local and civil society levels? Using data and previous findings from the Global Governance Program, this paper analyzes how the compliance of G7 and G20 members with their leaders’ summit climate change commitments is affected by invoking the International Monetary Fund and World Bank Group, by invoking the Organisation for Economic Co- operation and Development, European Union, the United States–Mexico–Canada Agreement and the Asia- Pacific Economic Co-operation forum, and by invoking local actors such as sub-national states and provinces, cities, and business, as well as Indigenous Peoples. It identifies ways in which the involvement of such “local” actors can improve compliance, through their inclusion in the substance of G7/G20 commitments and through the civil society engagement groups that seek to shape those commitments. It recommends that, to improve compliance, G7 leaders make more climate change commitments, make more highly binding ones, focus them on the United Nations Framework Convention on Climate Change’s Glasgow Summit and link them to sustainable development. -
The Role of the G-8 in International Climate Change Negotiations
In-Spire Journal of Law, Politics and Societies (Vol. 4, No. 2 – 2009) The Role of the G-8/G-20 in International Climate Change Negotiations Stavros Afionis, PhD. This article looks at G-8 Summit outcomes and analyses their impact on international climate change negotiations under the United Nations Framework Convention on Climate Change (UNFCCC). In particular, the article evaluates whether the UNFCCC negotiations have benefited from G-8 input and, if yes, to what extent. Even though issues relating to energy or energy security have been frequent G8 Summit top agenda topics, only recently has climate change featured prominently in G-8 talks. This paper argues that even though world leaders have been increasingly viewing G-8 meetings as an opportunity to discuss climate change-related developments at the highest level, seldom have they succeeded in achieving major breakthroughs. Nevertheless, Tony Blair’s decision in 2005 to make climate change a core theme of the UK G-8 Presidency, has resulted in significantly advancing international climate change negotiations over the past few years. With the G-20 replacing the G-8 as of 2011, as well as with President Obama in power in the US, future G-20 summits are expected to be far more eventful and productive in terms of promoting climate change mitigation and adaptation. Abbreviations COP Conference of the Parties COP/MOP Conference of the Parties serving as the Meeting of the Parties UNFCCC United Nations Framework Convention on Climate Change Introduction The Group of Eight (G-8) is one of the most important international forums for dealing with global issues. -
Together Alone Together Conundrum Change and the Climate Countries BASIC
TemaNord 2011:530 TemaNord Ved Stranden 18 DK-1061 Copenhagen K www.norden.org Together Alone BASIC countries and the climate change conundrum Together Alone BASIC countries and the climate change conundrum Since 2009, Brazil, South Africa, India and China – known as the BASIC group of countries – have cooperated in international climate negotiations, reflecting their aspiration to have a larger say in global politics. But there are some who claim that the approach of the bloc has obstructed progress in the talks. Yet this is a superficial view: for real insight into the BASIC group’s approach, it is necessary to grasp the development concerns of each country and the geopolitical value they see in cooperation. As four separate states, it is domestic policy priorities that condition how far they can work together, and what they can contribute to climate discussions. This report from the Stockholm Environment Institute arrives at a more nuanced understanding of the BASIC cooperation. Such an understanding is crucial if international climate negotiations are to succeed. TemaNord 2011:530 ISBN 978-92-893-2224-9 2011-530 Omslag-0310JK.indd 1 04-10-2011 11:17:27 IISD/Earth Negotiations Bulletin Content Nordic Council of Ministers’ Preface ....................................................................................... 7 Authors’ Note ................................................................................................................................... 9 Summary........................................................................................................................................ -
4 Ministerial Meeting of the Gleneagles Dialogue on Climate
4th Ministerial Meeting of the Gleneagles Dialogue on Climate Change, Clean Energy and Sustainable Development (Gleneagles Dialogue) to be Held 1. OUTLINE (1) Dates: March 14 (Fri.)-16 (Sun.), 2008 (2) Venue: Makuhari Messe International Conference Hall, Chiba, Japan (3) Hosted by: Ministry of the Environment, Ministry of Foreign Affairs Ministry of Economy, Trade and Industry (4) Participating Countries and Organizations: ・ Environment and Energy Ministers of the G8 countries and other major greenhouse gas-emitting nations including China, India and Brazil (see annex) ・Representatives from the international organizations including the World Bank and the International Energy Agency (IEA) ・Representatives from NGOs/NPOs and industries (5) Environmental Considerations We will minimize the environmental impact of this Meeting by, for example, utilize fuel cell vehicles and purchase renewable energy certificates, among other measures. Furthermore, we plan to offset the greenhouse gasses emitted from holding this Meeting through carbon offsetting. (6) What is the Gleneagles Dialogue? The Ministerial Meeting of the Gleneagles Dialogue on Climate Change, Clean Energy and Sustainable Development was launched as a result of an agreement reached at the G8 Gleneagles Summit held in the United Kingdom in 2005. At the Meeting, environment and energy ministers of the G8 member states as well as other major greenhouse gas-emitting nations such as China, India and Brazil will discuss issues on technology, finance and the future framework for addressing climate change with important input provided by relevant organizations such as the World Bank and the IEA. 2. FOR THE PRESS Accreditation Although this meeting is closed to the public, journalists will be permitted to cover some parts of the meeting by obtaining accreditation beforehand by filling in the on-line registration form. -
FINANCIAL CRISIS and LEGITIMACY of GLOBAL ACCOUNTING STANDARDS Masaki Kusano Graduate School of Economics, Kyoto University Kusa
FINANCIAL CRISIS AND LEGITIMACY OF GLOBAL ACCOUNTING STANDARDS Masaki Kusano Graduate School of Economics, Kyoto University [email protected] ∗ Masatsugu Sanada Graduate School of Business, Osaka City University [email protected] May, 2013 ∗ Corresponding author FINANCIAL CRISIS AND LEGITIMACY OF GLOBAL ACCOUNTING STANDARDS ABSTRACT Purpose : to examine and clarify a mechanism of global accounting standard-setting and accounting regulation, especially to investigate the legitimation crises of global accounting standards and their restoration process focusing on the IASB’s response to the financial crisis. Methodology : institutional theory and an analytical framework of ‘decoupling, compromises, and systematic dominance’ Findings : We find that the IASB decoupled its regular due process in order to maintain the endorsement mechanisms in the EU and avoid a further carve-out. To reconcile the concerns about the IASB’s governance from the U.S. and the outside of Europe, the IASB established the monitoring board with compromising its expertise principle laying weight on independence with the request for enhancing its accountability. We also find that the IASB systematically put a dominance position to the needs of the EU as the biggest customer. Originality/value : We show the complicated mechanism of accounting standard-setting which the mere debates of the politicization of accounting could not reveal, and clarify that the legitimacy of organization, procedure, and its outputs could not exist stand-alone, but mutually prerequisite or exist with reflexivity. This study extends our knowledge of global financial regulations and our discussion offers numerous suggestions to globalization, especially the IASB’s roles in the globalization of financial regulations, and regulatory forum or network centered on the IASB.