International Financial Flows and Transactions Taxes : Survey and Options

Survey and Options

International Financial Flows and Transactions Taxes : Survey and Options
Tobin has suggested that exchange rate volatility be controlled through a tax on international financial transactions. This analysis shows that the Tobin tax as a pure transaction tax is not viable. The tax would impair financial operations and create international liquidity problems. It is also unlikely to deter speculation. However, a possible... READ MORE...

Publication date: June 1995
ISBN 9781451847994
$15.00

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