Some political scientists have shown that no race to the bottom in (general
and corporate) tax revenues occurred in OECD countries (e.g. Swank,
2002; Garrett and Mitchell, 2001). Others have shown that taxes do not
affect foreign direct investment (FDI) (Jensen, 2007). These scholars have
concluded that governments retain sufficient policy autonomy to pursue
their preferred policies. This suggests an alternative explanation for the
fact that the double tax regime has changed little, namely, that big country
governments had no reason to push harder for reform of global taxation
rules.