Category Archives: Insight

Transfer Pricing in the Oil and Gas Industry

ITIC’s Oil and Gas Taxation and Regulatory Dialogue recently submitted comments on The Platform for Collaboration on Tax’s “Discussion Draft: A Toolkit for Addressing Difficulties in Accessing Comparables Data for Transfer Pricing Analysis.” The toolkit “is designed to assist developing

China’s Economy is Slowing but is this All Part of the Plan?

China’s economy may be showing signs of slowing down but China will continue to drive global growth for years to come. China has been a worldwide economic phenomenon for decades.  Since 1978 its GDP has increased 48 fold. Its workforce now exceeds 800 million with

Indian Economy: The Elephant Is Dancing

The Indian economy ranks as the seventh largest economy globally and is forging ahead with projected annual GDP growth of over 7% to 2021. India is the world’s largest democracy and one of its most linguistically and culturally diverse nations. Its survival as

Latin American Economy: Cause for Hope?

Despite continued weak growth in the Latin American economy there may be increasing hope in government-led reforms Once again the world media is reporting negatively on the Latin American economy and macroeconomic outlook. Headlines like “Growth in South America Weakens for Fifth Consecutive Year”

East African Economy: Thriving amid Increased FDI

The East African economy is flourishing with 8.3% regional annual economic growth in 2013/15. In 2014 FDI in the region increased 11% to $6.8 billion. With a population approaching 300 million East Africa is a dynamic and politically stable area for business. Key

Africa Rising: Business Opportunities in Africa

Africa is a rising star, with key business opportunities in services, infrastructure and transport, communications, mining and energy

Uzbekistan Economy: Pathway to the Future

Uzbekistan is among the five fastest growing economies in the world with GDP growth surging to 8% in 2015. Will structural reforms enable the Uzbekistan economy to double its GDP by 2030? The recent annual report of President Karimov of Uzbekistan focused on the

Global Economic Outlook 2016

The global economic outlook is depressed with global growth rates likely to continue below long term trends. This year’s star performing continent will be Africa, where macro-economic annual growth is predicted to be in the 4.7-4.9% range. Predicting the global economic outlook