The Tobin Tax - Mahbub Ul Haq - Books - Oxford University Press Inc - 9780195111811 - July 11, 1996
In case cover and title do not match, the title is correct

The Tobin Tax

Mahbub Ul Haq

Christmas presents can be returned until 31 January
Add to your iMusic wish list

The Tobin Tax

In his 1972 Janeway Lectures at Princeton, James Tobin, the 1981 Nobel Prize winner for economics, submitted a proposal for a levy on international currency transactions. The idea was not greeted with enthusiasm, as the 1970s were a period of optimism and confidence in floating exchange rages. Yet, whenever currency crises erupted during the past decades, the proposal for a levy on international currency transactions would once again arise. In the 1990s, two additional facts have sharpened interest in the Tobin tax proposal. First is the growing volume of foreign exchange trading. Second, interest is coming not only from policymakers and experts concerned with the smooth functioning of financial markets. It is shared by those concerned with public financing of development-the fiscal crisis of the state as well as the growing need for international cooperation on problems such as the environment, poverty, peace and security. This work makes a systematic analysis of the proposal for a foreign exchange transactions levy.
Its chapters examine the economic desirability of such a levy, its technical and political feasibility, its revenue potential, the possible uses of that revenue, and related administrative and institutional aspects.

Media Books     Paperback Book   (Book with soft cover and glued back)
Released July 11, 1996
ISBN13 9780195111811
Publishers Oxford University Press Inc
Pages 336
Dimensions 156 × 234 × 19 mm   ·   453 g
Language English  

Show all

More by Mahbub Ul Haq

More from this series