INDIA'S decision to not join the Regional Comprehensive Economic Partnership (RCEP) is generating sound and fury. This should lead to a holistic study of the net global benefits, if any, of thickening jungle of regional trade/free trade/preferential trade agreements (RTAs/FTAs/PTAs).
The total number of RTAs signed during 1948-2018 stand at staggering
SO we are back to digital economy and sharing of taxing rights again. It all began in 2013 with the OECD launching its Base Erosion and Profit Shifting project with much fanfare. OECD (the club of the rich) put addressing the challenges of digital economy at number one of its priorities and we