128. Taxing times: How fairer taxes can fund development

The Weekly Tradecast looks at tax with Lorraine Eden, professor emerita of management at the Mays Business School at Texas A&M University.

Nobody likes to pay tax, but collecting more of it is one way that countries can bring in billions of extra dollars each year to support economic and social development.

One big challenge is the way that giant corporations are able to move profits around the world to places where they pay the lowest taxes.

To ensure that multinationals pay their fair share, around 140 countries are working on global reforms to the tax architecture – including an agreed minimum rate of tax on big companies.

For a deeper look at these reforms and how they could help developing countries, tune in to professor and prolific author Lorraine Eden.