Illicit financial flows (IFFs) threaten countries' ability to achieve the Sustainable Development Goals (SDGs). Progressing on the IFFs target is thus crucial, as is the ability to measure achieved progress. In this paper we explore how to best statistically measure tax avoidance by...

We develop a bottom-up causal framework to study the impact of public spending on high-dimensional and inter-dependent policy spaces in the context of socioeconomic and environmental development. Using data across 140 countries, we estimate the indicator-country-specific development gaps that...

This paper estimates local fiscal multipliers for green and non-green public works in Italian provinces, and disentangles the geographic and institutional heterogeneities behind them. I construct a fiscal shock by taking the variation of the difference between actual and budgeted spending, and I...

My aim in this paper is simply to explore in an admittedly discursive and preliminary fashion some aspects of the complex balancing act needed to achieve economically and politically sustainable tax systems in Latin America. By a “sustainable” tax system I mean one that is sufficiently...

This article aims to contribute to the ongoing debate on post-capitalist economy by exploring the contours of a sustainability-oriented model of economic governance. To this end, the article analyzes the issues of sustainable development in the three main strands of international economic law...

Raising living standards continues to be the main challenge facing Guatemala, as a matter of economic success and social cohesion. This paper discusses the spending, financing, and delivery capacity aspects of a viable development strategy for Guatemala couched within the United Nations...

The increasing pace of urbanization in emerging market economies poses a challenge for agricultural production in these countries. On the one hand, agricultural productivity is not keeping pace with the speed of urbanization and growth in food demand and, on the other, the demand for food is...

International investment agreements (“IIAs”) provide enforceable protections to foreign investors based on the premise that enforceable investor protections will stimulate greater foreign investment flows, which, in turn, are assumed to promote development. However, as understandings of both...

Can we consider any role for central banks in sustainable development? From mainstream economics perspective, monetary policy should be neutral, and the central banks have no role to play beyond inflation targeting. In contrast, the present study argues that environmental risks and climate...