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Tax reform in the spotlight
Share of labour force
Canada
Ireland
United Kingdom
New Zealand
United States
0%
% foreign
% native
20.7%
21.2%
Source: MARC M&A Maturity Index
Source: OECD, 2011
The freedom to move
May 2004
Expansion of the
European Union
gives residents of
10 more countries
the right to move
freely within the EU.
26.0%
31.5%
29.3%
30.0%
37.5%
38.9%
43.5%
46.9%
20% 40% 60%
September 2006
The G20 calls for
international tax
transparency to
be “vigorously
addressed”.
__ In recent decades large corporations have explored every corner of the world
in search of new growth. Between 1976 and 2007, the number of multinational
companies expanded nearly eightfold, from 11,000 to 79,000, according to
United Nations Conference on Trade and Development (UNCTAD). These
businesses now compete at a global level to attract, retain and develop the
best talent for their enterprises.
In 2011, the main motivation for sending an executive abroad was involvement
in a specific project; anything from an engineer on a mining survey to a manager
overseeing a merger. Close behind this were managerial assignments – often with
specific leadership or strategic components aimed at filling skill gaps, spreading
corporate procedures or developing local talent.
Naturally, with the economic turmoil of recent years, international expansion
has slowed for many large companies. From 2008 to 2010 there was a steady
decrease in employees on short-term assignments. However, in 2011 this trend
reversed and today more companies are sending a larger percentages of
employees on short-term international assignments. Interestingly, where
long-term investments were concerned the global economic crisis did not have
such a large effect. In other words, companies continued to see the need for
long-term assignments throughout the economic downturn.
Net migration
Top 20 importers Top 20 exporters
Country Net for 2007–2011
1 United States 4,954,924
2 United Arab Emirates 3,076,634
3 Spain 2,250,005
4 Italy 1,998,926
5 Russian Federation 1,135,737
6 Australia 1,124,639
7 Canada 1,098,444
8 Saudi Arabia 1,055,517
9 United Kingdom 1,020,211
10 Qatar 857,090
Source: World Bank
2006 2008 2009
February 2008
The UK begins
phased introduction
of points based
immigration.
September 2008
The global financial
crisis begins to slow
the movement of
workers.
Country Net for 2007–2011
1 India 2,999,998
2 Bangladesh 2,908,015
3 Pakistan 1,999,998
4 China 1,884,102
5 Mexico 1,805,238
6 Indonesia 1,293,089
7 Philippines 1,233,365
8 Zimbabwe 900,000
9 Peru 724,999
10 Morocco 675,000
June 2009
The first-ever High
Level Policy Forum
on Migration held at
the OECD.
May 2009
The European
Parliament backs
the introduction of
the ‘blue card’, an
EU-wide work
permit.
6 T Magazine Issue 07 Ernst & Young