Are there as many foreign investments in France as Arnaud Montebourg claimed in his letter to Maurice Taylor? In his article, Lucas Léger, IREF researcher, analyzed statistical data and concluded that Montebourg was wrong. The truth is that, compared to the United Kingdom and Germany, France is no longer attractive.
Publications
The IREF figures on civil servants’ working time in the OECD countries were quoted in the radio show “Carrément Brunet” on RMC.
Fighting tax exile: this is Yann Galut’s aim. This French Socialist representative is at the head of a Committee created in the National Assembly to think out measures against tax exile. The work of this committee should end up in bills introduced in the Parliament as soon as May.
In a recent article, Lucas Léger, an IREF associate researcher, pointed out that even if the research is a French Government priority, entrepreneurship and innovation are not supported and the basic research would better off without Government intervention.
The IREF’s aim is to defend and promote economic freedom and fiscal competition. Our aim goes against the OECD’s last study that was commissioned by the G20 and called “Addressing Base Erosion and Profit Shifting”. It will be presented on February 15th at the G20 Summit in Moscow. The OECD claims that “global solutions are needed to ensure that tax systems do not unduly favour multinational enterprises, leaving citizens and small businesses with bigger tax bills.”
IREF Newsletter
Bailouts, Monetary Policy and Banking: Where Is The European Union Heading?
by
Sylvain C
Prof. Enrico Colombatto (Turin), IREF scientific director, has provided his update on EU policies. This month, he describes sovereign bailouts, the probable change of monetary policies, and the repayment of ECB loans.
Domestic. How are the high profile struggling countries faring – Greece, Cyprus, Portugal, Ireland?
Despite the January media narrative that the worst of the crisis is over and the bailouts are working, the specific positions of the four countries challenge this position.
The Swedish education market is one of the freest of the world. As such, it is one of the most interesting to study. Authored by Jacob Arfwedson, the IREF report “Vouchers and Free Schools: the Swedish Experience” provides striking insights into the dynamics of a budding free market in schooling.
Commentators often tend to link immigration to social problems and high unemployment. But as shown by the Swedish Reform Institute in a comprehensive study published in January 2013, this is not the case, on the contrary.
By Jacob Arfwedson
For global capitalism to reach optimal eclosion, there are several basic conditions:
– free trade: companies are allowed to sell wherever they sense a profitable opportunity;
– the tech revolution: production may take place anywhere, whereas selling may be done thousands of miles from the point of production;
– open communications: without a reasonably modern infrastructure – including telecoms, ports, airports etc – the network effects known as globalisation will not pay off;
– protection of intellectual property rights: platform companies like IKEA, Wal-Mart or Dell would be worthless without this provision;
– the right to be wrong, i.e. the right to fail which is inherent in and necessary to any entrepreneurial activity.
Between 3 and 5 per cent of the members of Parliament, and 6 per cent of the senators: the parliamentarians with a background in business represent a tiny minority. An IREF study shows the contrast with four other countries where economic legislation is handled by people who know what it means. In France, the elected representatives are chiefly interested in tax money.