New EU directive puts global supply chains and sovereignty at risk ...Middle East

The economic policymaking agenda changes infrequently, but when it does it causes a global wave. In the 2000s, the topic du jour was global tax competition, that was often referred to as a “race to the bottom.” A decade later, income inequality and associated policies took center stage. Today, we are witnessing a regulatory competition to achieve domestic environmental social goals, but also an attempt to indirectly impose rules to other countries without their consent. Policymakers in the U.S. and around the world should take note of this concerning development. The most recent and comprehensive example of this is the European Union’s directive on corporate sustainability due dili

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Last updated : 21 October 2024 clock 09:37 PM

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New EU directive puts global supply chains and sovereignty at risk ...Middle East

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