The international tax system is in dire need of reform. It allows multinational companies to shift profits to low tax jurisdictions and thus reduce their global

The increasing globalization of economic activity is bringing an awareness of the international consequences of tax policy. The move toward the common European

The rapid emergence of East Asia as an important geopolitical-economic entity has been one of the most visible and striking changes in the international economy

Explains why perfecting, rather than curbing, interstate competition would make international taxation both more efficient and more just.

This volume brings together nine papers from a conference on international macroeconomics sponsored by the NBER in 1985. International economists as well as gra