Error title
Some error text about your books and stuff.
Close

The Tobin Tax Coping With Financial Volatility

by Mahbub Ul Haq

  • ISBN: 9780195111804
  • ISBN10: 019511180X

The Tobin Tax Coping With Financial Volatility

by Mahbub Ul Haq

  • List Price: $170.00
  • Binding: Hardcover
  • Publisher: Oxford Univ Pr on Demand
  • Publish date: 06/01/1996
  • ISBN: 9780195111804
  • ISBN10: 019511180X
new Add to Cart $164.17
You save: 3%
FREE economy shipping!
Description: 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, twoadditional 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 ofdevelopment--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.
Expand description
please wait
Please Wait

Notify Me When Available

Enter your email address below,
and we'll contact you when your school adds course materials for
.
Enter your email address below, and we'll contact you when is back in stock (ISBN: ).