For a long period of time Japan has been one of the world’s most homogenous countries; and even today only 2% of the population is foreign born. This is especially unusual given that large GDP countries like Japan generally tend to attract immigrants. But lately there is more and more evidence that their migration policies are finally going to be changed.
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President Donald Trump is consistently trying to wear out the multilateral trading system in order to capitalize on US position of economic power against its trading partners. Does it sound very mercantilist? It does, and it is.
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The fifth round of negotiations between the EU and Indonesia on the Comprehensive Economic Partnership Agreement was held in Brussels in July 2018. Despite being at early stages, the negotiations prompted heated debate and strong opposition from international NGOs, as the Commission has poorly addressed major issues related to environmental and labour standards, as well as sustainable investment and development.
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There is a viable policy to protect freedom of press in the age of social media platforms: universal basic income. It shifts the focus from click rates towards deepening public debate. Our democracy may well depend on it.
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The EU leaders agreed in June 2018 to set up migration centres in Africa. The decision brings more problems than hope that the migration crisis facing Europe would be solved.
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On the 4th of October 2017, the EU released its proposals for the change of the value added tax (VAT) rules, which included key reforms for cross-border trade between businesses in Member States. The initiative promised to decrease the EU VAT gap, in other words, the difference between expected VAT revenues and actual member state collections. While broad questions remain about the new system, the EU is convinced that the VAT fraud is to be reduced by 80% by 2022 thanks to the proposed reform.
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