Travels etc.

While reading some paperwork regarding International Tax Law subject following statement drew my attention: "The complexity of the international tax rules makes it nearly impossible to diffuse the public sensibility about the issues." It is from the speech "Sense and Sensibility: The Policy and Politics of BEPS" by Manal S. Corwin.  The full text can be found here: https://www.kpmg-institutes.com/content/dam/kpmg/taxwatch/pdf/2014/beps-corwin-tillinghast-tn-100614.pdf That thought is not unique to tax law. In my experience of more than 3 years doing what I call “applied dispute resolution” which correlates with law research and paralegal activities I see that in any area of law, social matters, environmental, humanities, economics and others we can witness increasing level of challenges that our society face. Let’s take as an example The Law. Carefully crafted legal framework is one of the essentials of contemporary society. However ...

Have read an ambiguous article today about " Young People in the UK to Choose Between Poverty and Debt ". What is apparent, there are socio-economical issues that the UK people would like to resolve: growing unemployment growing poverty young people sitting on welfare payments competition from skilled people from other countries The initiative David Cameron announced sounds very interesting, especially in it's part where jobless "would have to accept mandatory 'community work'" if failing to find employment within reasonable timeframe. I would like to highlight some failing points in the article that are presenting the initiative as "predictably vindictive" and with permission from a reader to provide advice to "young" persons like me. One of the complaints is low level of payment for apprenticeship and for young men and women who just finished studies. This claim is based on presumption that every business owner (and...

Have recently watched "Four Horsemen" - documentary on current global economic issues. It was interesting, because I have recently read a book Confessions of an Economic Hit Man  by John Perkins who is also featured in the documentary. What I found is that though the general idea towards "greater good" is natural, the ways how issues are explained in the movie and the reasons and solutions that are briefly outlined are not consistent sometimes with either logic or obvious observations. 33:00 - The narrator states that the inflow of lending money into the housing market led to an unprecedent inflation. "House prices rose and rose." This completely satisfies the classical economic theory that guys just praised a bit earlier in the video. Because interest rates were low and people borrowed more and more to buy properties. But is it not because there is always a demand for property? People have to live somewhere. At 33:40 Prof. Simon Johnson (for...

I am about to complete the " Understanding economic policymaking " course from IE Business School . Done the assignment - develop an ideal policy program for the hypothetical country with the following indicators in the past 4 years: high inflation, increasing unemployment, slow GDP growth, growing public debt and other similar nice things in addition to very high business regulations. I offered a policy program for two years. Results: Year 1 – economic boom, GDP grew up to the potential level, unemployment decreased; Year 2 – economy growth with increase in aggregate supply, unemployment decrease, GDP growth and public debt decrease (extra bonus). Now looking for a real country that would agree to implement this practically.