digital economy
Reports on digital economy See all →
Higher digital taxes coming soon: A three-part saga
Global policy around digital taxation is headed toward higher and more complicated taxes. The OECD’s latest proposed framework would add a new set of complex regulations to the existing system. Meanwhile, several countries are unilaterally implementing their own digital services tax, which they may refuse to repeal even after the new OECD system is in place.
Cryptocurrency: A store of value for the current crisis?
Now that the global economy is in deep recession, investors are looking for crisis-proof stores of value. Cryptocurrencies are a new class of assets that could fulfill this need. Several European countries have already created or at least started to consider the legal frameworks necessary to institutionalize this innovation. One ...
Opinion: Harmful attempts to plan and regulate the global economy
Governments’ tendency to overtax the economy, overregulate it and misallocate resources by subsidizing losers, has been hurting economic growth, innovation and competitiveness in many parts of the world, including Europe. Now, officials are discussing novel ways to introduce such disastrous practices on the global level. Their excuse is an alleged ...
Taxing the digital economy
An ongoing international effort to rewrite the global tax rules for the digital economy would be a dramatic shift with potentially damaging consequences. Fear of countries unilaterally levying their own digital taxes has led to an alternative at the OECD, motivated by both fiscal and political factors. The new proposal would ...
The case of Zhang Shoucheng and its implications for China
One of the world’s most renowned quantum physicists, Stanford University Professor Zhang Shoucheng, committed suicide in December 2018. The prize-winning academic career of this Chinese-born scientist, along with his extensive business interests and sudden death, have much to tell us about China’s long-term strategy to overtake and surpass the West ...
