The Tobin tax Coping with financial volatility ; A review article

The author reviews the book "The Tobin tax: coping with financial volatility" edited by al Haq, Kaul and Grunberg. J. Tobin suggested in 1978 to introduce a global tax on international currency transactions. The book grew out of a conference held in 1995 in the USA with the objective of di...

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Bibliographische Detailangaben
Veröffentlicht in:The Singapore economic review
1. Verfasser: Nadal de Simone, Francisco de A. (VerfasserIn)
Weitere Verfasser: Mahbub-ul-Haq (BerichterstatterIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 1997
Schlagworte:
Internationale Kapitalbewegung > Steuer > Wechselkurs > Wirtschaftspolitik > Industriestaaten > Entwicklungsländer > Mexiko > Japan > USA > Aufsatz in Zeitschrift > Rezension
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Zusammenfassung:The author reviews the book "The Tobin tax: coping with financial volatility" edited by al Haq, Kaul and Grunberg. J. Tobin suggested in 1978 to introduce a global tax on international currency transactions. The book grew out of a conference held in 1995 in the USA with the objective of discussing the Tobin tax. According to Tobin, the purpose of the tax is twofold: first, to reduce exchange rate volatility and, second, to preserve and promote the autonomy of national macro-economic policy. De Simone discusses the merits of the Tobin tax. (DÜI-Sen)
ISSN:0217-5908