Tobin Tax Introduction and Risk Analysis in the Java Simulation.
We will use more market-based means to manage (capital flows) and there are many tools that are under consideration, including a
Tobin tax," he said.
If the
Tobin tax undermines the group, this will cost the two countries much more than the tax can bring in, De Metz and De Boeck stressed.
A measured response to check market fluctuations would be to impose a
Tobin Tax on foreign exchange currency transactions.
Widely known as a
Tobin tax, after Nobel-prize winning U.
More than 15 countries now have a Financial Transaction Tax (FTT)--sometimes called a Robin Hood Tax or
Tobin Tax.
The duty, known as the
Tobin tax, would mean a charge on all financial deals.
Though the
Tobin tax was proposed to cover currency transactions, it is considered as more general concept related to different financial transactions (Palley, 2003).
Oxfam Scotland called on First Minister Alex Salmond to follow O'Brien's example and publicly support the Robin Hood tax, which is also known as the
Tobin tax.
Mr Cruddas boasted how he had himself used a party at Woburn Abbey - a country house owned by the Duke of Bedford, a school friend of Mr Cameron - to press the PM on plans for a European-wide
Tobin tax on financial transactions.
Tory group leader Andrew RT Davies said: "Giving his agreement for a
Tobin Tax to be implemented without international agreement shows great naivety on his part.
CAMBRIDGE: European leaders are seriously considering a
Tobin tax, which would put a small levy on financial transactions, thereby dampening trading.
