January 5, 2006
CURRENT ISSUES
The Center for Global Economic Growth limits itself to those economic policy issues which are multi-national and diminish global growth, as contrasted with issues, which are purely domestic in character.
Tax Competition
The efforts by some governments and international organizations to limit tax competition will result in higher taxes on labor and capital, thus reducing global economic growth.
Global Financial Regulation
Many governments impose regulations on financial institutions operating outside their national borders, plus a number of international organizations, such as, the IMF, OECD, FATF, etc. also impose global regulations that in both cases neither meet reasonable cost-benefit tests or adequately protect civil liberties.
Cost-Benefit Analysis for Regulations
Regulations on the environment, health and safety, and business practices that fail to meet reasonable cost-benefit tests diminish economic growth and opportunity, and job creation.
Global Protection of Intellectual Property
Innovation and investment is diminished when intellectual property is not protected or stolen. Many nations fail to adequately protect intellectual property, resulting in reduced investment in new technologies and products which, in turn, reduces productivity and puts people throughout the globe at unnecessary risk.
Anti-trust Law and Regulations
Anti-trust laws and regulations vary considerably from jurisdiction to jurisdiction and are often contradictory, thus putting multi-national businesses at unreasonable risk, which in turn reduces global commerce and investment, thereby reducing global economic growth.
