Financial Transactions Tax : Panacea, Threat, or Damp Squib?

• Tác giả: Patrick Honohan
• Ngôn ngữ: eng
• Ký hiệu phân loại: 658.1 Organization and finance
• Thông tin xuất bản: 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 293019
• Chủ đề: 1. ADMINISTRATIVE CONTROLS; 2. ADVANCED ECONOMIES; 3. ADVERSE EFFECTS; 4. ADVERSE SELECTION; 5. AMOUNT OF DEBT

Tóm tắt

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.