Hosting Multinationals: Economic and Fiscal Implications

Switzerland is a prime location for both domestically owned as well as foreign-owned multinational enterprises (MNEs). In this paper, we review the literature on MNE activity with respect to its main fundamental (non-policy) drivers, the non-fiscal consequences of MNEs for various economic aggregates, and the fiscal implications associated with the operation of foreign affiliate networks. In particular, the paper puts emphasis on the fiscal implications of hosting MNEs and their relation to the current tax environment in Switzerland

Making choices over China: EU-China co-operation on energy and climate

Effective EU-China co-operation is critical to delivering a good deal at Copenhagen and to ensuring ongoing progress towards global decarbonisation. Europe and China are economically and politically interdependent, and have strikingly similar energy and climate change policies. As its largest investor, trade partner and provider of technology, Europe has a strong stake in China’s success.The EU and China should increase the status of energy and climate change in their bilateral relationship. This will require the progressive alignment of the EU’s and the individual member-states climate policies towards China, behind a common European strategy. The 2009 EU-China summit must deliver agreement on some key flagship co-operation projects in order to build China’s trust in the EU as an effective partner

Neglected tropical diseases.

INTRODUCTION: The neglected tropical diseases (NTDs) are infectious diseases that principally impact the world's poorest people. They have been neglected for decades, initially as part of a general disregard for the developing world, and more recently due to the intensity of focus on HIV/AIDS, tuberculosis and malaria. SOURCES OF DATA: Primary research and review articles were selected for inclusion using searches of PubMed and our existing collections. RESULTS: There have been recent notable successes in NTD control. Dracunculiasis is approaching eradication. Leprosy and onchocerciasis are in decline. There are ambitious plans to eliminate trachoma and lymphatic filariasis. Investment in NTD control has high rates of economic return. CONCLUSION: Although there are proven strategies to control several NTDs, these diseases continue to cause a massive burden of morbidity. There is urgent need for more basic and operational research, drug and vaccine development, and greater prioritization by governments and international agencies

[Correspondence] Precautionary approach to risk assessment

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