Source-based taxation and the arm’s length standard have been foundational elements of the international tax system for many decades.  With the advent of the highly digitalized platform firm, the OECD and many other stakeholders assert that these principles have been rendered obsolete.  In their stead, these stakeholders have proposed an alternative hybrid international tax system.  Under this proposed hybrid system, the long-standing profit allocation rules would be applied in the first instance to determine the preliminary attribution of in-scope multinational firms’...

This book presents a detailed study of Brazil's structural problems and offers suggestions  for managing them. It is organized  into two parts. The first part provides a foundation in Brazilian socio-economic dynamics, discussing regional diversity, economic inequalities, access to education, and global commodity supplies from the country's agribusiness. The second part describes...

This book examines the transformative power of the innovation processes set in motion by the European Green Deal and their impact on the EU Single Market. 

The book is structured into two parts: Part I examines the European Green Deal’s origins, drivers, and structure, highlighting its novel features and the holistic integration of sustainability across all EU policies. It sheds light on the history and evolution of EU environmental policies, tracing their development from the European Economic Community to the ambitious European Green Deal launched in December...

This book examines the presence of stochastic and deterministic convergence in ten series of greenhouse gases, aerosol precursors, and aerosols across 29 industrialized and emerging countries from 1820 to 2018. The author utilizes the Panel Analysis of Nonstationarity in Idiosyncratic and Common Components (PANIC) method for the empirical exercise. The analysis reveals strong evidence of stochastic convergence patterns in the series of log per capita emissions for black carbon, carbon monoxide, ammonia, non-methane volatile organic compounds, and nitrogen oxides,...

This book gives an in-depth and up-to-date insight into China’s economy from a domestic as well an international perspective. The book covers the reform trajectory and performance of China’s economy since Deng Xiaoping kicked-off the reform and opening-up policy in 1978 until the current challenges and economic policies under Xi Jinping including the integration in the world economy.

The analysis is based on empirical evidence and respective data. This enables the reader to take an unprejudiced look on China’s political economy. The book applies fundamental economic concepts...

This book challenges traditional notions and offers a new perspectives on the nature, role and use of money. It offers analyses and proposals aimed at reshaping our comprehension of money, its genesis, and its pivotal role within the economy (in particular, globalized ones).

The book is structured into three parts, each tackling various facets of monetary economics, drawing from the author's prior research and confronting such fundamental quandaries as the essence of money, money's genesis by commercial banks, the economic ramifications of banks’ money creation power, the value...

Innovation plays an important role in ensuring the right balance in environmental systems and in ensuring social welfare in different spheres of society. This volume sheds light on innovation processes through the analysis of research and development expenditures (R&D) or patent data. In particular, the chapters further explore the innovation process of firms, the relative impact of employment, and the interactions with environmental issues.

The book further examines the role of technological innovation in the energy and agricultural sectors from an environmental point of view,...

This book presents a unique collection of contributions on modern topics in applied public economics, written by leading experts in the respective disciplines and their intersections from cultural economics to public choice. It features contributions on fundamental, methodological, and empirical issues regarding the role and effects of public intervention in a broad range of fields, such as cultural heritage, creative industries, regulation, public procurement, corruption, tax evasion, health economics, and public goods. The book was written in honor of Ilde Rizzo, on the occasion of her...