Discover and read the best of Twitter Threads about #OECD

Most recents (17)

Thread.

The sought future of "#healthcare" - "The #WEF, the int. org. for public-private cooperation, hosts the #PrivateSector Constituency of #UHC2030 & provides a platform for interaction for all UHC2030 partners & health systems networks."

#GreatReset #UBI #WorldBank #WHO
When universal basic income (#UBI) begins to be rolled out globally, expect #public #healthcare to disappear. Further, payments will be linked to benefits via the #blockchain - ensuring full spectrum #compliance & #servitude of whole societies.

#Covid19 as catalyst #greatreset
The UHC2030 hosted by the #WorldBank Group & the #WHO. "#UHC does not mean #healthcare is free. It means that personal (out-of-pocket) payments do not deter people from using services & that people are protected from "catastrophic #health expenditures"...

weforum.org/projects/uhc20…
Read 13 tweets
Hearing starting in #Belgium parliament on #OECD BEPS 2 negotiations.

I will be live tweeting. #TaxTwitter

Follow yourself here: dekamer.be/media/index.ht…
Belgium has been in the Steering Group since the very beginning of the process. Officially it has lost its seat now, but it will remain present till Oct 2020.

Belgium has defended so far a not too ambitious position. On pillar 2 it defends an extremely weak position. More below.
In pillar 2 Belgium defends a global blending with carve-outs. Doing so Belgium wants to protect its patent box. The patent box in Belgium leads to an ETR below 4%. It is one of the most aggressive patent boxes in the world.

taxfoundation.org/patent-box-reg…
Read 30 tweets
Earthquake in international #tax world with US pulling out or pausing the #OECD negotiations aka #BEPS2.

A quick personal take in this thread. #Oxfam reaction will come in the next hours.

What does this mean for the EU? Is the USA all bad?

👇👇👇

news.bloombergtax.com/daily-tax-repo…
Let's recall this process started with a high amount of ambition in January 2019 with buy-in from the USA. Actually the USA was the one opening up the discussion with its own tax reform. Let's also remember there are 2 pillars.

Pillar 1 = digital economy. Pillar 2 = minimum tax.
The pulling out of the US or the ask to pause the negotiations seems to only hit pillar 1.

Pillar 1 divided countries from the very start. Some countries wanted a very limited focus (only techgiants) and others wanted to broaden the scope.

Actually the USA wanted a broad scope.
Read 14 tweets
1/N: My previous 9-country #COVID19 age-based case analysis was "static" due to data limitations, etc.

In this thread I present a dynamic analysis of case rates for high-risk age groups since the beginning of the pandemic in #Italy, #Spain, #Germany, #Canada & #Chile

Thread...
2/N: Focus is on 60+ age groups because, due to higher CFRs, these account for 90-95% of all fatalities

To reduce fatalities in current AND future #COVID19 waves, it is critical to understand case dynamics & whether "real" and generalized and if so, what are possible drivers?
3/N: @AndreasShrugged beat me to presenting dynamic analysis for #Germany & started interesting discussion, which can now be generalized based on 4+ countries

F3 presents same data differently (distinct periods, excl <60), with same results - an increase in cases for 80+ group
Read 12 tweets
The #COVID19 #coronavirus headaches:

In Sweden: population 10.120.000, hospital beds available 222.640.
The #COVID19 #coronavirus headaches:

United Kingdom: population 66.440.000, beds 1.661.000.
The #COVID19 #coronavirus headaches:

United States: population 327.200.000, beds 9.161.600.
Read 15 tweets
1/ #Coronavirus #COVID19 OVID19 to lower already weak 2020 global economic prospects. The sharp slowdown in #China is negatively affecting business travel, tourism, supply chains, commodity markets and consumer confidence. oecd.org/economic-outlo…
2/ Containment measures to prevent the spread of #COVID19 coronavirus are sharply slowing manufacturing and consumption in #China. #OECD
3/ #Coronavirus to take larger toll than 2003 SARs given that #China ‘s economy is now 3x bigger.
Read 9 tweets
🇸🇬 🇨🇳 #SINGAPORE PLANS 2 PACKAGES, TOTALING S$5.6B, TO SUPPORT ECONOMY - BBG
*SINGAPORE PLANS S$800M FROM BUDGET TO COUNTER VIRUS EFFECTS
*SINGAPORE TO GRANT CORPORATE INCOME TAX REBATE OF 25% FOR 2020
🇰🇷 #SouthKorea's president calls for 'all possible measures' to help virus-hit economy - Reuters
reuters.com/article/us-chi…
🇪🇺 #Eurozone ministers discuss fiscal boost options as virus worries weigh - Reuters
reuters.com/article/us-eur…
Read 5 tweets
Inquiry into the business case for the #NBN and the experiences of small businesses – Parliament of Australia - due 17/1 - working on submission - maximising the value of the nbn - comparing #aU to #OECD and top 10 trading partners aph.gov.au/Parliamentary_…
Outlining my #nbn thinking to maximise #value of #nbn
#nbn - where have we come from; where are we now; what is left to do; where are we going.... 1. where from
Read 13 tweets
1. #Bulgaria/n #economy 101! #Thread

#Borissov's government is proud that in 2018, #GDP growth was 3.2%, but how impressive is this and should you be impressed too?
2. #Bulgaria has the lowest #GDP/capita in the #EU, but it is not that small. Our population is ca 7.1 million. What does that mean? Lack of efficiency, but not only.

Graph credit: WorldBank
3. #Bulgaria has the lowest median earnings in the #EU. In 2018, the net salary was 457 EUR. Contrast with #Romania (565 EUR), #Poland (784 EUR), and #Greece (917 EUR).

Chart credit: reinisfischer.com/average-salary…
Read 16 tweets
1/ Time to dispel a few climate furphies.

The first is that no one is doing anything on #ClimateChange.

Here is the % change in emissions (excluding LULUCF) from 2005-17 for all #OECD nations.

Australia is one of only five (in red) that has increased emissions! #auspol Image
2/

All 32 OECD countries combined make up 57% of world GDP and those countries that saw emissions fall make up 54% of world GDP.

Australia is not part of the pack. It is at the back and is an outlier #auspol #ClimateCrisis

(thanks @MattGrudnoff @TheAusInstitute for stats)
3/ Australia’s total emissions rank it as 14 largest in the world.

Australia has higher absolute emissions than 40 countries with bigger populations.

If you look at per capita emissions, Australia tops it.
#auspol #COP25 Image
Read 8 tweets
With my last drop of CJEU judgments brainpower for the week, here are some key points from the global takedown of #Facebook defamatory comments case published yesterday #Glawischnig Long thread alert! 1/x curia.europa.eu/juris/document…
Setting the scene: this is not a data protection or #privacy case. This is a case concerning deletion of information, but grounded on defamation. It is irrelevant for the case at hand that those comments contained personal data, even if they did. 2/
Fun fact: the #GDPR specifically excludes from its scope of application those situations which also fall under the scope of liability rules for intermediary service providers, Art 12 to 15 from eCommerce Directive, precisely what the CJEU was asked to interpret. 3/
Read 18 tweets
Hello friends! Let’s talk about VAT in Nigeria and some perspectives on the proposed hike to the VAT rate.
It’s a thread! #NigeriaVAT
1. We are all aware of the plan by the FG to increase VAT rate from the current 5% to 7.5% come 2020. While several “experts” and public affairs commentators have complained about how low our VAT rate is compared to other countries in Africa...

#NigeriaVAT
2. ...they have failed to appreciate the deficiencies of the Nigerian VAT system.
There are reasons why it may be wrong to compare VAT in Nigeria with that of other countries. Our VAT is not a proper VAT. It is more of a sales tax than VAT. #NigeriaVAT
Read 85 tweets
NEW PAPER THREAD: Our paper on fiscal multipliers has just been released by @PIIE. We create a dataset of large fiscal expansions for 17 #OECD countries between 1960 and 2007 piie.com/publications/w… 1/8
2/10 The database is constructed by first finding when a country's cyclically adjusted deficit increased by a lot and then by reading OECD and IMF reports published in those years to check whether a fiscal stimulus did in fact happen at that time and why
3/10 Our first result is that it's crucial to complement the statistical approach to identifying large shift in fiscal policy with narrative evidence. Relying only on large shifts in the cyclically adj deficit to identify episodes of large fiscal expansions is a REALLY bad idea
Read 10 tweets
Heute ist das Stabilitätsprogramm im Budgetausschuss. Aber dieses #StabProgramm und die Art der parl. Behandlung ist für eine sinnvolle Budgetdebatte ungeeignet, es schafft keine Transparenz. Warum und was wären Alternativen? Ein Thread 1/18
Seit Zusammenlegung des Budgetrahmens (=grobe Budgetplanung für nächste 5 Jahre) mit dem Detailbudget für das kommende Jahr, gibt es bei
#StabProgramm keine Budgetrede, kein ExpertInnenhearing, keine Debatte und keinen Beschluss im Plenum. 2/18
#StabProgramm bildet nur den Gesamtstaat ab. Aus den vorgelegten Zahlen ist nicht ersichtlich, ob Bund, Länder, Gemeinden oder Sozialversicherungen für Entwicklungen verantwortlich sind. 3/18
Read 18 tweets
🇨🇳 #CHINA Q3 GDP Y/Y: 6.5% V 6.6%E (slowest growth since Q1 2009)
*NBS spokesman Mao Shengyong said that the international situation was bringing “downward pressure” on China.
*Link: bloom.bg/2RVX1ZA
🇫🇷 🇪🇺 🇨🇳 French tire maker Michelin warned of declining sales in Europe and #China in the second half of the year, dragging down shares of its competitors in the U.S. and Europe - Bloomberg
*Statement: bit.ly/2EujhqH
🇺🇸🇨🇳🇪🇺 In a volley of filings, the EU, #China and the U.S. this week escalated disputes over new U.S. metals tariffs, the European response to those levies, and Chinese intellectual property practices - Bloomberg
bloomberg.com/news/articles/…
Read 634 tweets
The Gift of Global Talent, my new book about high-skill immigration, launches tomorrow! A few words on what it covers (order link in bio, if you're so inclined):
Talent is the world's most precious resource. You might argue for oil or data, but in today's knowledge economy the ability of a company or country to attract high-skilled workers is critical. A quick sample of some data and trends…
First: Migration increases in the level of talent. 5% of college graduates migrate. 10% of inventors migrate. And 31% of @NobelPrize winners have migrated to a new country for their work.
Read 9 tweets

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