Opinion

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The pandemic has exposed not only the failures of the current global economic order dominated by the system of capitalism, of which tax havens and tax abuse disguised as tax minimisation strategies and wealth or asset management are a major component, but also widened the pre-existing socio-economic inequalities between rich and poor countries even further. The alarming revenue gaps plaguing countries in the global South is more than just numbers. They are indicative of the urgently needed investment in public services and provisioning of those services to realizing the rights of the most vulnerable communities.