Global Processes

Tove Ryding

Eurodad reaction to the European Commission’s proposal to tackle the debt-equity bias in taxation (DEBRA)

In the midst of a very difficult economic situation, it has never been more urgent to repair our broken tax system, including by addressing large-scale corporate tax avoidance. Instead of removing the tax loopholes related to debt financing, the European Commission is instead suggesting the introduction of new tax incentives related to equity financing, which could potentially open up new avenues for corporate tax avoidance.

  • Tax Justice
  • Global Processes
Eurodad

Eurodad at the 2022 UN ECOSOC Financing for Development Forum

Eurodad and partners represented Civil Society at this year's UN ECOSOC Financing for Development Forum in New York. 

  • Development Finance
  • Global Processes
Tove Ryding

Who is really at the table when global tax rules get decided?

Non-inclusiveness and illegitimacy continue to be key concerns in relation to the negotiation of global tax rules. In this briefing we question how inclusive is the Inclusive Framework and who is really sat around the decision table.

  • Tax Justice
  • Global Processes
Eurodad

Who is really at the table when global tax rules get decided?

Currently, a third of the world's countries are not at the table when global tax rules get decided. Watch this short animation to see why it's time for the United Nations to take the lead, so all countries can participate on an equal footing. 

  • Tax Justice
  • Stop Tax Dodging
Eurodad

IMF/WB Spring Meetings 2022 - As crises mount, failed and insufficient solutions from the IMF and World Bank must be replaced

Call for decision-making to shift to the UN: “the most democratic global governance space we have.”

  • Development Finance
  • IFIs
Julia Ravenscroft

Open letter to G20 Finance Ministers, Central Bank Governors and the IMF: Civil Society Organisations call for issuance of more SDRs and fairer distribution ahead

A group of 17 CSOs has issued an open letter to G20 Finance Ministers, Central Bank Governors and the IMF calling for a new US$2.5 trillion issuance of reserve assets called Special Drawing Rights (SDRs), and reformed criteria for distributing them in a fairer way and according to needs.

  • Development Finance
  • SDRs

Open Letter to G20 Finance Ministers, Central Bank Governors and the IMF: Civil Society Organizations Call for Issuance of More SDRs and Fairer Distribution

Due to the rules governing the distribution of Special Drawing Rights (SDRs), more than US$400 billion of last year's US$ 650 billion issuance went to advanced economies who didn't need them. A group of CSOs are therefore calling for a new allocation of SDRs with fairer distribution to help tackle the global crises and substantial changes to the Resilience and Sustainability Trust, the IMF new instrument to channel SDRs.

  • Development Finance
  • SDRs
Julia Ravenscroft

IMF plans to distribute Special Drawing Rights to those most in need require fundamental reform

New Eurodad briefing argues that the IMF’s Resilience and Sustainability Trust is far from a silver bullet and how greater commitments are needed from governments and central banks, as billions of dollars of SDRs remain unused.

  • Development Finance
  • IFIs
Chiara Mariotti

Special Drawing Rights: Can the IMF’s reserve currency become a transformative financial resource?

In August 2021, the IMF issued the largest allocation of Special Drawing Rights (SDR) in history. This briefing takes stock of the discussion on how to channel unused SDRs from rich to developing countries and assesses the different solutions proposed so far.

  • Development Finance
  • IFIs

Join Eurodad and partners at the WBG/ IMF Spring Meetings

Join Eurodad and partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Spring Meetings this April.

  • Development Finance
  • IFIs