The Boston Global Forum joins EY, the World Bank, MIT, and New America to found The Prosperity Collaborative

Jan 26, 2020News

Aligned with the 50th anniversary of the World Economic Forum, there was a movement in Davos this year connecting taxation with prosperity, this is a part of the AI-Government model. Five great institutions have been collaborating to develop, test and deploy innovative data systems and technology platforms to improve taxation in emerging markets and developing economies (EMDEs). The Boston Global Forum is joined by MIT Connection Science, the action-tank, New America, The World Bank, and professional services giant, EY in this important endeavor. These organizations are each pledging even greater collaboration in the days ahead. We proudly call our work, The Prosperity Collaborative.

In Davos, Jeff Saviano, who leads this effort for EY, New America’s Tomicah Tillemann, and Alex ‘Sandy” Pentland, leader of MIT Connection Science, unveiled The Prosperity Collaborative story at Pentland’s Imagination in Action event. This was followed by an in-depth discussion at the Global Blockchain Business Council’s Davos forum of the intense tax issues within EMDEs and how application of new data and technology platforms will lead to a fair and efficient taxing system. The connection of taxation to prosperity was the talk of Davos!

Policymakers are telling us they need this collaborative effort to directly contribute to the Global Goals – for a better world. Much of the effort to fund the UN’s Sustainable Development Goals has been to reallocate capital; often times, making difficult choices to shift funding from one important social cause to another. The founding members of The Prosperity Collaborative believe that new technology and data systems will have the necessary effect of increasing tax compliance; creating additional capital to fund the Global Goals.

Here at the Boston Global Forum, we are deeply committed to this work and the great institutions we have been collaborating with. Governor Michael Dukakis, Co-Founder and Board Chairman of the Boston Global Forum, says ‘from my many years in government, I have personally seen the direct connection of taxation to prosperity. I am personally committed to The Prosperity Collaborative and our work to develop new, cutting edge, technology for better tax systems and a better world.’

If you would like to learn more about The Prosperity Collaborative, please reach out to Boston Global Forum CEO, Nguyen Anh Tuan, or Jeffrey Saviano, EY Global Tax Innovation Leader.