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African states will struggle to increase revenue

Location:

AFRICA

The average tax intake of African countries remains markedly low

Latin America tax evasion will strain state funds

Location:

LATIN AMERICA

VAT evasion alone amounted to some 2.4% of Latin America’s GDP in 2015 -- roughly the region’s estimated growth for 2017

Reducing evasion is key as business taxes race lower

Location:

INT

President-elect Donald Trump aims to "cut business taxes massively" as the US corporate tax rate is the G20's highest

Corruption woes hamper progress in Latin America

Location:

LATIN AMERICA

Corruption perceptions in Latin America have largely stagnated in recent years, according to Transparency International

Policy can prevent productivity pay gaps proliferating

Location:

INT

The widening US productivity pay gap, where GDP gains are paid to workers less and less, is not replicated globally

Pandemic will accelerate the rise of digital payments

Location:

INT

Digitalisation of the global economy has increased the use of cashless payments worldwide

Inclusion and privacy policies may lag cashless growth

Location:

INTERNATIONAL

Cashless spending is surging, giving customers and traders more flexibility and reducing ‘organisational’ costs