SDG #10: Reduced inequalities

The paper focuses on two crucial issues that hinder the fiscal sovereignty of developing countries: the reduced level of international tax cooperation, and the lack of appropriate procedures for sovereign debt crisis resolution. The low level of international tax cooperation enables a race to the bottom in tax rates among countries, tax avoidance through profit-shifting activities by companies and tax evasion by individuals and companies, based on the existence of non-cooperative jurisdictions.

Increasing international migratory flows in the last four decades is one of the most visible manifestations of the globalization process. In spite of its potential positive effect on global efficiency and well-being, little progress has been made in designing and promoting a normative and institutional framework to allow a better global governance of international migration. The current crisis has added new concerns in relation to migrant situation particularly in the countries more affected by the recession. It is likely that migratory pressures continue beyond the crisis, as international asymmetries that promote international migration have not been overcome.