Is There A Place For Small Developing States In The Global Services Economy?
Small developing states such as Barbados have every reason to be concerned about the initiatives being undertaken by The Organisation For Economic Cooperation And Development (OECD) in pursuit of recommendations contained in its report entitled "Harmful Tax Competition - An Emerging Global Issue". While one is tempted to discourse on the deficiencies of the report, one also recognises that the OECD has itself identified the defects of the report without going on further to acknowledge that these deficiencies undermine the value of the report. In fact it is rather surprising that based on this less than creditable report, the OECD is prepared to continue, through what seems be international duress to undermine the viability of small developing states.
