One key objective of tax‐based fiscal consolidations which is too often disregarded in publicdebate is to minimise economic distortions. This paper uses a computable generalequilibrium model to gauge these potential distortions by calculating the marginal cost ofpublic funds (MCF) for EU...

As one of the most important consumer markets of wild animals and plants, their parts and derivatives, the European Union (EU) has a special responsibility for ensuring that trade in wildlife and wildlife products is sustainable and does not lead to species concerned becoming endangered. For...