The Resource New era : new plan : Europe : a fiscal strategy for an inclusive, circular economy

New era : new plan : Europe : a fiscal strategy for an inclusive, circular economy

Label
New era : new plan : Europe : a fiscal strategy for an inclusive, circular economy
Title
New era : new plan : Europe : a fiscal strategy for an inclusive, circular economy
Creator
Subject
Language
eng
Summary
This study examines the impact of a tax shift from labour to consumption and natural resource use. Cambridge Econometrics has modelled the impacts of a tax shift scenario in the period 2016-2020 in 27 Member States of the European Union using the E3ME macro-econometric model. The outcome of the study shows that the GDP and employment results are positive in each of the 27 countries under review. In 2020, GDP levels are on average 2.0% higher and employment levels are on average 2.9% higher than in a business as usual scenario. This means that 6.6 million more people are in employment. Based on the modelling results, Trucost assessed the integrated impact of the scenario on financial capital, natural capital and social capital. The Ex'tax Integrated Value Added Statement (IVA) includes the financial capital value, as well as the external benefits to society in terms of social capital and natural capital
http://library.link/vocab/creatorName
Groothuis, F.
Geographic coverage
  • European Union
  • Europe
Index
no index present
Language note
English
Literary form
non fiction
http://library.link/vocab/subjectName
  • tax system
  • tax reform
  • shifting of tax
  • consumption tax
  • natural resources
  • mining industry
  • environmental tax
  • tax incentive
Label
New era : new plan : Europe : a fiscal strategy for an inclusive, circular economy
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
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