Parallel session
International tax reforms and investment for development

Parallel 8.5 | Room 5: Friday, 7 October 2022, 11:00-12:30 (UTC-5)

The session will discuss the theme chapter of the latest issue of UNCTAD’s World Investment Report which examines the implications for investment and investment policies of ongoing reforms in international taxation, including the adoption of a global minimum tax for multinationals and other mechanisms to counter harmful tax practices. It looks at the overall expected impact on cross-border investment flows, with a specific focus on developing countries, and assesses the effect on the use of common investment promotion tools such as fiscal incentives, special economic zones, and regional cooperation frameworks.


11:00-12:30 (UTC-5)

Amelia U. Santos-Paulino | Presenter

Amelia U. Santos-Paulino is Chief of the Investment Research Section Chief of Investment Issues Section at UNCTAD’s Division on Investment and Enterprise, and Deputy Editor of the Transnational Corporations Journal. Previously, she was Research Fellow and Project Director in the United Nations University’s World Institute for Development Economics Research (UNU-WIDER), Research Fellow in the University of Sussex’s Institute of Development Studies, and Senior Research Economist in the Central Bank of the Dominican Republic.

José Antonio Ocampo | Discussant

José Antonio Ocampo has recently been appointed as Minister of Finance and Public Credit of the Republic of Colombia. He held previously positions as Professor at the School of International and Public Affairs, Co-Chair of the Initiative for Policy Dialogue and Member of the Committee on Global Thought at Columbia University. He teaches regularly at Universidad de los Andes and other Colombian universities.

He has also held numerous positions at the United Nations and in Colombia, including Chairman of the Committee for Development Policy of the United Nations Economic and Social Council, and Chairman of the Independent Commission for the Reform of International Corporate Taxation (ICRICT), United Nations Assistant Secretary-General for Economic and Social Affairs, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), and Minister of Treasury, Minister of Agriculture, Director of the National Planning Department of Colombia, and Co-Director of the Banco de la República (central bank of Colombia).

Kunal Sen | Discussant

Professor Kunal Sen has over three decades of experience in academic and applied development economics research. He is the author of eight books and the editor of five volumes on the economics and political economy of development. From 2019 he is the Director of UNU-WIDER, and he is a professor of development economics at the Global Development Institute, University of Manchester.

Professor Sen is a leading international expert on the political economy of growth and development. He has performed extensive research on international finance, the political economy determinants of inclusive growth, the dynamics of poverty, social exclusion, female labour force participation, and the informal sector in developing economies. His research has focused on India, East Asia, and sub-Saharan Africa.

Luis Ignacio Lozano-Espitia | Discussant

Luis Ignacio Lozano-Espitia is the Director of Economic Policy Studies, Bank of the Republic, Colombia, and editor of Ensayos sobre Política Económica, ESPE. His fields of research have focused on various topics of applied macroeconomics, economic development, public economics, and his articles have been published in various books and indexed journals. He received a Ph.D. in Economics from Pompeu Fabra University.

Jukka Pirttilä | Discussant

Jukka Pirttilä is Professor of Public Economics at the University of Helsinki and VATT Institute for Economic Research. He is also a Non-Resident Senior Researcher at UNU-WIDER. His research focuses on tax policy and other topics in public economics.