Helicopter Money is an extreme form of quantitative easing. It was first suggested in the sixties as a plan to stimulate economic growth and combat deflation. In an extreme form it is not unlike scattering money over the heads of the people. The idea of using helicopter money won ever more ground in recent months.
Business ethics has been a topic of many debates and controversies in the past two years. The regulatory developments on the European and global level, such as the Anti-Tax Avoidance Directive (ATAD) and the Base Erosion and Profit Shifting Action Plan (BEPS) continue to feed the debate on responsible taxes.
Since 2008, Degroof Petercam has been publishing its six-monthly sustainability ranking for the 35 OECD countries. Here, it is no surprise to see that the United States remains at the bottom of the ranking.