LINKS
Below are links to key organisations
and events concerned with global tax and investment
matters. Descriptions in quotation marks are from their
own websites.
ITIO
observers
Commonwealth
Secretariat
The
Commonwealth is "a unique family of 54 developed
and developing nations around the world. It is a voluntary
association of independent sovereign states spread over
every continent and ocean. Its 1.7 billion people account
for 30 per cent of the world's population. They are
found in every continent and ocean and are of many religions,
races, languages and cultures." The Commonwealth
Secretariat was mandated by Commonwealth Finance Ministers
to assist multilateral and regional dialogue between
the OECD and affected Commonwealth jurisdictions over
the OECD's Harmful Tax Competition Initiative.
CARICOM Secretariat
The
Caribbean Community (CARICOM) groups some 27 Caribbean
countries and territories: 15 members, nine observers
and three associate members. Its objectives are "economic
cooperation through the Caribbean Single Market and
Economy; coordination of foreign policy among the independent
Member States; and common services and co-operation
in functional matters such as health, education and
culture, communications and industrial relations."
The Pacific
Islands Forum Secretariat
The
Pacific Islands Forum groups the 16 "independent
and self-governing Pacific Island countries, Australia
and New Zealand. Since 1971, it has provided member
nations with the opportunity to express their joint
political views and to cooperate in areas of political
and economic concern."
Caribbean
Development Bank
CDB
is a regional financial institution established on 26
January 1970. Its Charter provides that CDB shall "assist
regional members in the co-ordination of their development
programmes with a view to achieving better utilization
of their resources, making their economies more complementary
and promoting the orderly expansion of their international
trade, in particular intra-regional trade. CDB shall
also "provide appropriate technical assistance,
particularly by undertaking or commissioning pre-investment
surveys, and by assisting in the identification and
preparation of project proposals". The 20 Regional
Members are Anguilla, Antigua and Barbuda, the Bahamas,
Barbados, Belize, British Virgin Islands, Cayman Islands,
Colombia, Dominica, Grenada, Guyana, Jamaica, Montserrat,
St Kitts and Nevis, St Lucia, St Vincent and the Grenadines,
Trinidad and Tobago, Turks and Caicos Islands and Venezuela.
The five non-Regional Members are Canada, Italy, Germany,
the People's Republic of China and the United Kingdom.
Only Regional Members can borrow from CDB; they also
hold at least 60% of CDB shares.
Eastern
Caribbean Central Bank
The
Eastern Caribbean Central Bank was established in October
1983. It is the Monetary Authority for a group of eight
small island economies, namely Anguilla, Antigua and
Barbuda, Commonwealth of Dominica, Grenada, Montserrat,
St Kitts and Nevis, St Lucia, and St Vincent and The
Grenadines. These use a single common currency, the
Eastern Caribbean dollar (ECD). The bank's mission statement
is "to maintain the stability of the ECD and the
integrity of the banking system in order to facilitate
the balanced growth and development of member states".
Its purposes are: to regulate the availability of money
and credit; to promote and maintain monetary stability;
to promote credit and exchange conditions and a sound
financial structure conducive to the balanced growth
and development of the economies of the territories
of the participating governments; and to actively promote
through means consistent with its other objectives the
economic development of the territories of the participating
governments.
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Other
international organisations
The Organisation for
Economic Cooperation and Development
The
Organisation for Economic Co-operation and Development
calls itself “an international organisation helping
governments tackle the economic, social and governance
challenges of a globalised economy”. Under its founding
Convention, the OECD “shall promote policies designed:
-
“to
achieve the highest sustainable economic growth and
employment and a rising standard of living in Member
countries, while maintaining financial stability, and
thus to contribute to the development of the world economy;
-
“to contribute to sound economic expansion in Member
as well as non-member countries in the process of economic
development; and
-
“to contribute to the expansion of world trade on a
multilateral,
-
non-discriminatory
basis in accordance with international obligations.”
The
OECD’s 30 members are Austria, Australia, Belgium, the
Czech Republic, Canada, Denmark, Finland, France, Germany,
Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea,
Luxembourg, Mexico, the Netherlands, New Zealand Norway,
Poland, Portugal, the Slovak Republic, Spain, Sweden,
Switzerland, Turkey, the United Kingdom and the United
States. The European Commission takes part in the OECD’s
work.
The
World Trade Organisation
The
WTO is "the only global international organisation dealing
with the rules of trade between nations". Members, who
include SDEs as well as developed countries, can bring
cases if they feel discriminated against in trade matters.
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Think
tanks
Center
for Freedom and Prosperity
The CFP and the affiliated Freedom and Prosperity Foundation
"seek to promote economic prosperity by advocating
competitive markets and limited government." They
aim to achieve this "by educating the American
people and its elected representatives." The CFP
has been effective in mobilising US opposition to the
OECD's Harmful Tax Competition Initiative.
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