April 7, 2023
The plethora of government tax, fiscal, and trade digital transformation initiatives are each occurring within a single country domain. A preliminary analysis of this growing digital transformation demand reveals multi-country interest in key tax, fiscal, and trade technology initiatives, including digital identification, multi-party data sharing, e-invoicing, distributed systems (e.g., blockchain) applied to global trade, and artificial intelligence / data systems to improve governmental decision-making. Absent intervention, these initiatives will continue as single-country initiatives, duplicative technology solutions will be developed, and intergovernmental technology interoperability will be sub-optimized.
Our idea is for The Prosperity Collaborative to lead an effort to convert certain aspects of this global digital demand to DPGs immediately available to multiple jurisdictions, playing a key leadership role in advancing DPGs for tax, fiscal, and trade systems within governments, as a practical solution for the Concept of AI-Government, conceived by Boston Global Forum and Michael Dukakis Institute. Our Collaborative builds and leads a multi-stakeholder consortium focused on developing and advancing DPGs in this important space. We could call this new organization the Digital Tax and Trade Consortium (DTTC). This new multi-stakeholder DTTC would be comprised of multilaterals, anchored by The World Bank, and ideally including the UN, OECD, ADB, etc.; fintech providers, World Economic Forum, technologists (principally, Microsoft), philanthropists, and leading policymakers.
Chair/Moderator: Mr. Ramu Damodaran, Chief Academic Impact of the United Nations. Keynote speaker: Professor Alex Sandy Pentland, MIT
Dr. Tomicah Tillemann, Executive Director of the Digital Impact and Governance Initiative (DIGI) at New America
Mr. Jeff Saviano, EY Global Tax Innovation Leader
Mr. Anders Hjorth Agerskov, Lead Public Sector Specialist at the World Bank Group