1. Research
  2. Products & Topics
  3. Region
  4. Global

Cash, freedom and crime: Use and impact of cash in a world going digital

November 23, 2016
Analyst:
Despite a growing role of electronic payments, demand for cash is on the rise in Europe. Euro cash in circulation has increased to EUR 1.1 trillion, three times as much as in 2003. Cash limits the power of monetary authorities, provides data protection and can therefore act as a guarantor of civil liberties. On the other hand, it is often associated with a stronger shadow economy, even though the shift towards a cashless society seems to trigger higher levels of card fraud. [more]

More documents about "International"

148 (145-148)
March 20, 2006
145
Life expectancy and health spending have been increasing for decades the world over. This life extension trend is an important engine of growth: investment in education brings higher returns; lower mortality raises population growth. However, the speed and impact of the trend cluster are still underestimated: forecasts of life expectancy and the size of the health sector are probably still too low - making the need for adjustment in the political and business community greater than many people have thought. [more]
August 1, 2005
146
Human capital is the most important factor of production in today's economies - and education is an investment that generates higher incomes in future. The growth stars of the coming years identified in our introductory study base their success on major gains in human capital. The success stories of Spain and South Korea show that political changes can have a lasting impact on human capital. [more]
March 23, 2005
147
Substantiated, long-run growth forecasts are in the limelight following the New Economy disappointments and repeated crises in the emerging markets. With the help of "Formel-G", we identify the sources of economic long-term growth and generate forecasts for 34 economies until 2020. India, Malaysia and China will post the highest GDP growth rates over 2006-20 according to our "Formel-G" approach. Strong population growth, a rapid improvement in human capital and increasing trade with other countries allow average GDP growth of more than 5% per year in these three countries. Ireland, the USA and Spain are the OECD economies expected to grow most quickly. [more]
August 1, 2002
Analyst:
148
The internet presents new challenges in taxation. The imposition of a turnover tax on e-commerce is hampered by the difficulties involved in identifying the consumer. It is nearly impossible to apply the destination principle, which is standard practice internationally. In the taxation of profits, international companies might obtain new scope for optimising their tax burden. Both aspects may lead to erosion of the tax base. At present, however, the volume of e-commerce is still too small to trigger serious fiscal problems. [more]
2.4.6