We're now starting the first panel of our #ImperialInequalities conference, with @JuliaMcClure_ examining the role of 'welfare imperialism' in the Spanish empire.
At #ImperialInequalities, @JuliaMcClure_ highlights how ideas of 'charity' and 'welfare' were central to justifications for empire; and also created opportunities for private individuals to capture benefits, including through the abuse of charitable foundations to hold wealth
David Brown @tcddublin now addresses 'Britain's first colony' - Ireland. English investors gambled with new mortgage instruments on the value of land, while tax farming saw aggressive extraction of revenues. Both required unprecedentedly detailed maps #ImperialInequalities
Now at #ImperialInequalities, @madeline_woker presents on the 'cheapness' of empire - and how, in the French case in particular, the racialised fiscal hierarchy led to the transfer of the tax burden to the colonies, to protect the 'metropolitan taxpayer'
Now Laura Channing is laying out the range of colonial governments in Sierra Leone, which saw a variety of taxation and welfare provision - this 'subcolony' level reveals patterns (including less progressive ones) than the more common colony-level view #ImperialInequalities
We're now in the Q&A of the first panel #ImperialInequalities. Have to say, the quality of the questions - and by extension, the audience and their engagement - is just brilliant!
About to take a quick break at #ImperialInequalities, after a fascinating Q&A session - so much to think about. The conference link will stay live, so stay with/join us and in 15 minutes we'll be into the 2nd panel, moderated by @JuliaMcClure_ and then @vanessahistory's keynote!
Just a reminder - you can still register and join #ImperialInequalities here, including for tomorrow's session
Here's the second panel #ImperialInequalities, with Mia Rodríguez-Salgado getting things underway with a paper on the ‘Economic and Spiritual Capital: The Contributions of Early-Modern Galician Emigrants to America’
'Scotland is a byword for poverty in the early modern period', says Andrew McKillop @UofGlasgow (making a link to the previous paper on Galicia), while empire (through the Act of Union) can be both a response to, and a factor in exacerbating, poverty
Andrew McKillop goes on to lay out a series of 'charitable' donations, using the extracted loot of empire to build public infrastructure such as schools and hospitals across Scotland - and with it, the credentials of virtuous empire. #ImperialInequalities
The next paper continues these themes: ‘Imperial hospital? The Hospital de los Naturales of Potosí and the Mediation of Charitable Transactions (16th -17th c.)’, presented by Camille Sallé (EUI) - including a new tax, medio peso, used to support #ImperialInequalities
If you're enjoying #ImperialInequalities, and keen to think about current policy applications, here's a couple of upcoming events. First, an @icrict/@TaxJusticeUK event on wealth taxes and a global asset registry, 14 December:
Next week, on 10-11 December, it's our tax justice and climate crisis conference: How to pay for the climate transition taxjustice.net/events/online-…
And of course many of tomorrow's sessions (including mine!) at #ImperialInequalities are focused on policy implications for today, including reparations - the full programme is here taxjustice.net/wp-content/upl…
Next #ImperialInequalities paper is from Yvonne Tan (Goethe U), on ‘Collaboration, Coercion and Counteraction: British Centralisation Policy and 19th Century Tax Revolts in Malaya’ - slide shows the power of land tax(!)
Into the Q&A for the second #ImperialInequalities panel now, and again some cracking questions being raised - a range of contributions now around the competing/complementary justifications given for empire, e.g. civilising mission, charity abroad, welfare at home...
And finally for today, we move to the first #ImperialInequalities keynote. Our chair and founder @jechristensen56 is now introducing Dr Vanessa Ogle @vanessahistory, who will speak on 'Decolonisation is also a movement of money'
John - formerly economic advisor to UK Crown Dependency of Jersey -recalls a growing offshore financial services sector and (post-)imperial elite, and the regressive political views that came with them. Dr Ogle's research addresses this process writ large... #ImperialInequalities
The keynote draws on a forthcoming book, and on this new paper from @vanessahistory, on the emergence of 'tax havens' from the end of formal empire... #ImperialInequalities
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History faces forwards as well as backwards. As we prepare for the second day of our #ImperialInequalities conference today, and our new @FPCThinkTank
piece is published, I've blogged on whether and how the UK could move beyond its imperial legacies taxjustice.net/2020/12/04/the…
Registration for day 2 of #ImperialInequalities is still open, and the events get underway in just over three hours
Dr Ndongo Samba Sylla @nssylla opens day 2 of #ImperialInequalities, with a keynote on 'Colonial macroeconomics: Then and now' in which he highlights the commonality between imperial approaches and contemporary economic policies
This is fantastic - really impressive set of questions and issues raised on the international approach to illicit financial flows. There's a lot to say so I'll thread the replies here, bit by bit...
1. Why did the MDGs overlook non-aid finance? This was by design: the MDGs were driven by aid donors, and were largely conceived of as ensuring better alignment of donors and recipient states - setting common goals so aid would deliver more.
Here's Sakiko Fukuda-Parr on this point - whereas by 2015, the aid focus was widely understood as a central flaw in the MDGs, so the aim of the Sustainable Development Goals was to ensure much broader ownership & applying to countries at all income levels researchgate.net/publication/29…
Matt summarises very well the broadly non-ideological objections to what has just been achieved, in confirming corporate tax abuse as part of the illicit financial flows SDG target, so I'll try to thread a response with each of his points
So first, I don't think there really is much of this confusion around. People largely understand these are quite different phenomena; but they also recognise, rightly, that they depend on being hidden, and they do the same kinds of revenue & social damage
This is a point of disagreement. I saw that much of the pushback was *precisely* not to have corporate tax abuse addressed under either 16.4 *or* 17.1, but to keep it out of the SDGs entirely - on the grounds that the OECD had it covered. (Discuss.)
It's not every day that a niche question of statistical definition represents a significant step forward for global policy. But today... is that day!
(Excessively long thread follows)
A little background. Since the Millennium Development Goals overlooked non-aid finance, pressure has been building to recognise the centrality of tax, and for global policy measures against the broad threat posed by 'illicit financial flows'...
Illicit financial flows, or IFF, is an umbrella term for cross-border capital movements covering corporate and individual tax abuse, the laundering of the proceeds of crime, abuses of market regulation, and the theft of state assets, first popularised by @Raymond_Baker
Here's a short thread with some *stark* numbers, showing just how limited the OECD 'BEPS 2.0' tax reform proposals have become.
The secretariat proposals are at the G20 now, and published next week... so how big a deal would they be?
The numbers relate to the Netherlands, one of the biggest corporate tax havens worldwide, and part of what we've called the 'axis of tax avoidance'.
For context, here are the key parts of our previous analyses. First, a paper with @icrict last year looked at the potential impact of the reform proposals at that stage - how much would they redistribute profits, and revenues, from tax havens? osf.io/preprints/soca…
Their discussions can be seen as part of a scattered history extending over decades, centring on attempts to require transparency from multinational companies about their global operations, including path-breaking work by the G77 countries @UNCTAD - unctad.org/en/Publication…
Those decades of work seemed to have ended in failure. UNCTAD had been pushed by OECD countries into focusing on 'investment promotion' rather than national sovereignty and corporate accountability; and the big 4 had seized the accounting standard setting agenda for themselves.