With no less than seven references to a certain Colombian singer, the final edition of the annual spoof newsletter Bank Swirled, produced by anonymous Bank staff (we hope in their spare time), has been published. A hat tip to the “World Bank’s 132-person Offshore Humor Team” for 26 years of parodying the Bank. We count ourselves lucky that we never could get all the jokes.
The IMF and the World Bank are increasingly engaged with the challenge of addressing how tax avoidance and evasion affect developing countries, but need to address the role played by multinational enterprises and tax havens in exacerbating inequality and undermining countries’ domestic revenues.
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