The Moral Rationale for International Fiscal Law

2001 ◽  
Vol 15 (1) ◽  
pp. 97-110 ◽  
Author(s):  
Alexander W. Cappelen
Keyword(s):  
International Economic ◽  
Distributive Justice ◽  
Public Goods ◽  
Economic Integration ◽  
Current Distribution ◽  
Normative Theory ◽  
Fundamental Aspect ◽  
International Distribution ◽  
Fiscal Law ◽  
The Right

A country's right to levy taxes is a fundamental aspect of its sovereignty. Without the power to tax, a government would be unable to redistribute resources among its citizens and provide public goods. The question of how tax rights should be distributed is therefore one of the oldest and most important problems of tax theory. Increased international economic integration has made this question even more important, as a larger share of economic transactions take place across national borders, giving rise to situations in which more than one country is able to tax the same base.How such conflicts are resolved affects both the ability of countries to redistribute resources domestically and the international distribution of tax revenues. The allocation of tax rights therefore raises important questions of distributive justice, questions that require a normative theory of the right to tax. This essay seeks to evaluate the current distribution of tax rights by examining whether it can in fact be justified within the main approaches to distributive justice.

How Far Will International Economic Integration Go?

CFA Digest ◽  
2000 ◽  
Vol 30 (4) ◽  
pp. 100-100
Author(s):  
William H. Sackley
Keyword(s):  
International Economic ◽  
Economic Integration

Globalisation and local economic development: Place-based and bottom-up public policies in Switzerland and Mexico

2021 ◽  
pp. 026909422110343
Author(s):  
Eduardo I Palavicini Corona
Keyword(s):  
International Economic ◽  
Economic Development ◽  
Free Trade ◽  
Economic Integration ◽  
International Economics ◽  
Local Economic Development ◽  
Public Policies ◽  
Bottom Up

The XXI century has reached the end of its first 20 years. Along the years, it has posed complex challenges to economists and economic geographers. For example, the results of elections and consultations in different countries have shown a strong sympathy with political positions that question the benefits of free international flows of goods, services, labour and capital. By the same token, some academics argue that despite international economics theory clearly acknowledges that free trade causes winners and losers, the expected higher gains have not been effectively used to compensate the losers. This article explores the main challenges of international economic integration in sub-national territories in Switzerland and Mexico to better understand the importance of delivering relevant and competent public policies based on territorial specificity.

scholarly journals International Economic Integration: Comparing Exports and FDI Networks in the New Millennium

2021 ◽  
Vol 13 (11) ◽  
pp. 30
Author(s):  
Adelaide Baronchelli ◽  
Teodora Erika Uberti
Keyword(s):  
International Economic ◽  
Economic Integration ◽  
Value Chain ◽  
World Trade ◽  
Positive Association ◽  
Foreign Direct Investments ◽  
Global Value Chain ◽  
Key Players ◽  
Before And After ◽  
New Millennium

Trade and foreign direct investments (FDI) represent the real and the capital side of international economic integration. While Network Analysis (NA) on world trade network (WTN) is wide, few analyses describe world investment networks (WIN), since FDI data suitable for comparison are very scarce and very complex to collect. In this paper, we exploit FDI Bilateral Statistics by UNCTAD (2014), to compare WTN and WIN in the first decade of the new millennium, before and after 2008 crisis. Results show that all countries are integrated since there are few isolated economies, and unique largest components emerge confirming the complexity of global value chain. 2008 economic crisis affected WTN, but not WIN. Geography, rather than economic similarity, is crucial in defining trading connections and cohesive subgroups. WIN and WTN links are mutual in all networks, confirming that once a link is established, it is easier to maintain all commercial relations. WIN and WTN key players are USA, Germany and China for Exports, while USA and Germany for FDI. There is a positive association between couplets of WTN and WIN links, conjecturing that FDI and Exports networks could be complements, rather than substitute.

scholarly journals FOREIGN DIRECT INVESTMENT IN INDIA: A TREND ANALYSIS

10.36713/3205 ◽  
2020 ◽  
pp. 57-64
Author(s):  
Rudresha C. E
Keyword(s):  
International Economic ◽  
Foreign Direct Investment ◽  
Economic Integration ◽  
Growth And Development ◽  
Direct Investment ◽  
Policy Reforms ◽  
New Economic Policy ◽  
Fdi Inflows ◽  
Indian Economy ◽  
Made In

International economic integration plays a significant role in the growth and development of any country, whether rich or poor. And foreign direct investment (FDI) is one of the major components in the process of achieving international economic integration in any economy. As is known, FDI serves as a link between investment and savings. This is true even in the case of India which is facing the deficit of savings and which can be addressed with the help of FDI. It (i.e., FDI) also helps in raising the growth and development of the economy. India is one of the leading markets at the global level. It has emerged as one of the attractive destinations in the world with a significant change in the inflow of FDI. The journey of FDI is very interesting with the introduction of liberalized policy through new economic policy 1991 and also other policy reforms of Government of India. It has witnessed a drastic change in the inflow and direction of foreign investment in Indian economy. In this backdrop, an attempt is made in this paper to examine country-wise, sector-wise and region-wise FDI inflows in Indian economy during last 19 years, 2000-01 to 2018-19. KEY WORDS: Economic Integration, Foreign Direct Investment, Developing Nations, Savings, Policy Reforms

scholarly journals Revisiting the Argument from Action Guidance

2019 ◽  
Vol 15 (3) ◽  
Author(s):  
Philip Fox
Keyword(s):  
Practical Reasoning ◽  
Normative Theory ◽  
Plausible Assumption ◽  
The Right ◽  
Action Guidance

According to objectivism about the practical 'ought', what one ought to do depends on all the facts; according to perspectivism, it depends only on epistemically available facts. This essay presents a new argument against objectivism. The first premise says that it is at least sometimes possible for a normative theory to correctly guide action. The second premise says that, if objectivism is true, this is never possible. From this it follows that objectivism is false. Perspectivism, however, turns out to be compatible with the plausible assumption about guidance.  I defend the two premises on the basis of an account of what it is for a normative theory to guide action. Central to this account is the idea that correct action-guidance involves correct practical reasoning from a normative theory to an action, which requires (among other things) that agents have the capacity to believe for the right reasons. Since objectivists about the practical 'ought' are committed to objectivism about the epistemic 'ought', it follows that agents lack this capacity and so are in principle unable to be correctly guided by a normative theory. This shows that recent attempts to reconcile objectivism with action-guidance are unsuccessful, which all assume that, if objectivism is true, it is at least sometimes possible for a normative theory to correctly guide action. 

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