And Suggestions for Alternatives
During 2024’s G20 in Brazil, the host nation led an effort to impose a global wealth tax. With this year’s gathering in South Africa, IATP Advisor Chris Hattingh from South Africa’s Institute for Race Relations and IATP Fellows Alex Jelloian and Reem Ibrahim have written for the bloc’s T20 blog warning that wealth taxes would undermine development and prosperity across Africa and the developing world.
Instead, they argue that South Africa and other Global South countries should prioritise economic freedom by establishing institutions that uphold the rule of law and promote private sector growth.
Read the full piece on the G20 T20 Blog.
Chris Hattingh
Chris Hattingh is Deputy Director at the Free Market Foundation.
Chris Hattingh is Deputy Director at the Free Market Foundation and a member of the Advisory Council for the Initiative for African Trade and Prosperity Advisory.
Alexander Jelloian
Alexander Jelloian is the Research and Project Manager at the Initiative for African Trade and Prosperity.
And Suggestions for Alternatives
During 2024’s G20 in Brazil, the host nation led an effort to impose a global wealth tax. With this year’s gathering in South Africa, IATP Advisor Chris Hattingh from South Africa’s Institute for Race Relations and IATP Fellows Alex Jelloian and Reem Ibrahim have written for the bloc’s T20 blog warning that wealth taxes would undermine development and prosperity across Africa and the developing world.
Instead, they argue that South Africa and other Global South countries should prioritise economic freedom by establishing institutions that uphold the rule of law and promote private sector growth.
Read the full piece on the G20 T20 Blog.
Chris Hattingh
Chris Hattingh is Deputy Director at the Free Market Foundation and a member of the Advisory Council for the Initiative for African Trade and Prosperity Advisory.
Alexander Jelloian
Alexander Jelloian is the Research and Project Manager at the Initiative for African Trade and Prosperity.
Reem Ibrahim