Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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April 30, 2024
China
A Second China Shock, With Brad Setser
Brad Setser, the Whitney Shepardson senior fellow at CFR, sits down with James M. Lindsay to discuss the causes and consequences of China’s export surge.
April 5, 2012
Corporate Governance
A Time for Corporate Tax Reform?
The United States has not had a comprehensive overhaul of its tax code since the 1986 Tax Reform Act signed into law by President Reagan. Nearly twenty-six years and over 15,000 special tax provision…
November 13, 2019
United States
A Big Borrower and a Giant Corporate Tax Dodge? How Best to Describe the U.S. External Balance Sheet
Most grandiose explanations for the United States' persistent surplus in the income balance of the U.S. current account miss the mark. The U.S. debt position tracks the sum of past current account de…
April 18, 2024
RealEcon
Baltimore Bridge Collapse Tests U.S. Supply Chains
The response to the temporary closure of the Port of Baltimore—from a deadly tanker collision—demonstrates the resilience of U.S. supply chains despite fears of costly disruptions.
April 14, 2022
Financial Markets
What in the World Is a Global Minimum Tax?
For years, large corporations have exploited international tax laws to pay less taxes. But last year, 137 countries backed a potential solution: a 15 percent corporate tax applied regardless of a com…
February 1, 2016
Corporate Governance
Standard Deductions: U.S. Corporate Tax Policy
The U.S. system for taxing corporate profits is outdated, ineffective at raising revenue, and creates perverse incentives for companies to shelter profits overseas. It is also, for most U.S. companies most of the time, a pretty good deal, which is one of the big reasons why any serious overhaul will be so difficult to achieve.
