The Global Governance of Tax and Financial Services: Who Regulates, Who Wins, Who Loses. This project analyses the role of power in the global economy, specifically, whether powerful states can establish global rules concerning tax and financial services by coercion. Large states working through international organisations have floated global tax and financial standards that would regulate international competition for mobile investment but also impose disproportionate costs on small states. If ....The Global Governance of Tax and Financial Services: Who Regulates, Who Wins, Who Loses. This project analyses the role of power in the global economy, specifically, whether powerful states can establish global rules concerning tax and financial services by coercion. Large states working through international organisations have floated global tax and financial standards that would regulate international competition for mobile investment but also impose disproportionate costs on small states. If coercion is cheap and easy to use in solving economic disputes large states will be able to impose these standards on small states. If not, large states will instead have to compromise or offer compensation to establish effective regulations.Read moreRead less