Tax avoidance, understood as the use of the so-called ‘loopholes’ in the tax legislation to reduce one’s tax payments increasingly tops news charts. The recent Pandora Papers, EU’s blacklist of 17 tax havens, Paradise Papers and the Panama Papers are among the starkest examples.
Malawi can alleviate poverty and become a model for development and democracy by investing in and improving the quality of human capital, the quality of infrastructure, and the quality of institutions.