Tag #Oecd Pillar One

How can regional cooperation mitigate the risks associated with unilateral DST policies?

Regional alliances offer a vital solution. Unilateral DST policies risk economic retaliation from the US, while a unified approach, such as among EU member states, distributes risk and demonstrates international resolve. This collective action strengthens negotiating power against the US or creates a more robust alternative should the OECD's Pillar One fail to deliver.