Middle East and North Africa
The masses are gathering for the first day of COP15 of the UNFCCC, but on Friday an important curtain raiser took place with the backing of the Danish government and convened by ATP, the Danish public pension fund.
Last Wednesday, before heading to California for the long Thanksgiving weekend, I wrote that "Dubai is looking to be the ultimate boom and bust story&qu
Editor's note: Dorsati Madani is a Senior Economist at the World Bank's Strategy and Analysis Unit (CICSA) of the Investment Climate Advisory
Yesterday I discussed the launch of the latest Doing Business sub-report, which focuses on the ease of paying taxes. This is a laudable effort- paying taxes is painful enough to begin with, why make it more difficult than necessary?
Editor's note: Augusto de la Torre is chief economist, and Alain Ize a consultant, in the Latin America and the Caribbean Region of the World Bank. This is the 10th in a series of policy briefs on the crisis—assessing the policy responses, shedding light on financial reforms currently under debate, and providing insights for emerging-market policy makers.
The latest publication of the Doing Business franchise is out: Paying Taxes 2010-The global picture.
The study measures tax systems from the point of view of a domestic company complying with the different tax laws and regulations in each economy. The case study company is a small to medium-size manufacturer and retailer, deliberately chosen to ensure that its business can be identified with and compared worldwide.