Finding the money to fix the world requires a rethink on tax, says Jayati Ghosh
The co-chair of an independent tax commission on why the focus should be on squeezing more from big business and billionaires
THE WORLD is facing numerous extreme, interlinked challenges, including a climate emergency and growing economic inequalities between and within countries. Tackling these problems requires funds to flow in the right direction, towards reducing carbon emissions, supporting education, health and other essential services and overhauling global infrastructure. All of this will, in turn, require massive increases in public spending.
From the June 17th 2023 edition
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