Tax implications of Covid-19. A fundamental transformation of tax systems is needed in the wake of COVID-19

Tax implications of Covid-19. A fundamental transformation of tax systems is needed in the wake of COVID-19

While the 2008/2009 global economic crisis had many negative consequences, one positive effect was that it massively accelerated international cooperation on tax matters. This is the kind of impetus that we also need for tackling the Covid-19 pandemic. The focus is not on generating more revenues, but rather primarily on achieving greater equity in the way that revenues are generated. This requires more public discussion of fair taxation. After all, the way that resources are mobilised and deployed to tackle the crisis will also have an impact on state legitimacy and social cohesion.

Testing the relationship: China’s ‘Corona diplomacy’ in Africa

Testing the relationship: China’s ‘Corona diplomacy’ in Africa

As the coronavirus pandemic puts an accent on the geopolitical dynamics among powerful states, China has stepped up its support to Africa’s fight against the virus – arguably not only out of magnanimity. Although China’s assistance is very welcome on the continent at the moment, more is on its way to test China-Africa relations, such as negotiations on debt relief.