Financial Systems
Financial Systems and Resources for Sustainable Development

Goal

Foster Fair and Resilient Financial Systems [68]

Interlinkages

Tax Justice at the heart of post-2015 [69]

Interlinkages

Targets

Macroeconomic imbalances.

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Tax Justice Network (TJN) working to link tax revenue as an important link for economic development in developing countries has suggested that the new global framework should challenge the malpractices that deny developing countries their duly owed tax revenue.

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Global currency mechanism to prevent volatile fluctuations and competitive

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Illicit financial flows.

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Transparency of financial flows.

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Debt sustainability.

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They call for global governance including an internationally agreed framework on corporate reporting and exchange of tax information, transparency at global and national levels.

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Environmentally and socially harmful subsidies.

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Harmful tax competition.

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Total economic valuation of Foreign Direct Investment and TNC activities.

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They call for increased accountability through the tax system rather than aid and that tax justice should be at the heart of the new post-2015.

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Participatory and gender budgets.

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Financial Systems
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