Click here for search results
Financial transactions tax : panacea, threat, or damp squib ?, Volume 1
 
Author:Honohan, Patrick; Yoder, Sean; Collection Title:Policy Research working paper ; no. WPS 5230
Country:World; Date Stored:2010/03/02
Document Date:2010/03/01Document Type:Policy Research Working Paper
SubTopics:Emerging Markets; Economic Theory & Research; Debt Markets; Banks & Banking Reform; Taxation & SubsidiesLanguage:English
Region:The World RegionReport Number:WPS5230
Volume No:1  

Summary: Attempts to raise a significant percentage of gross domestic product in revenue from a broad-based financial transactions tax are likely to fail both by raising much less revenue than expected and by generating far-reaching changes in economic behavior. Although the side-effects would include a sizable restructuring of financial sector activity, this would not occur in ways corrective of the particular forms of financial overtrading that were most conspicuous in contributing to the crisis.

Official Documents
Official, scanned versions of documents (may include signatures, etc.)
File TypeDescriptionFile Size (mb)
PDF 37 pagesOfficial version*2.59 (approx.)
TextText version**
How To Order

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.
** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.



Permanent URL for this page: http://go.worldbank.org/JTCCDY7290