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... like. Still, the debate has added new urgency to the search for tools to improve our development funding in efficient and meaningful ways. There may be other approaches: some have talked of tax incentives for companies investing in poverty reduction, or building special trust funds with new issues of special drawing rights (SDRs) by the International Monetary Fund (IMF). Like the Tobin tax, such ideas must be closely scrutinized.
Tobin Tax - Tax on International Currency
Whenever development financing is discussed these days, it is hard to avoid mention of the Tobin Tax. Generally, the question people ask is whether it could be feasible, even desirable, to put a tax on global capital flows to finance development.
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| language |  | english |
| wordcount |  | 1260 (cca 3.5 pages) |
| contextual quality |  | N/A |
| language level |  | N/A |
| price |  | free |
| sources |  | 0 |
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Preview of the essay: Tobin Tax - Tax on International Currency
That the original purpose of the tax was not development hardly matters, though for the record, the tax was proposed in 1972 by the US economist, James Tobin, as a way of throwing sand in the wheels of international finance, and so combating market volatility. Basically, it would involve taxing currency market transactions ...... like. Still, the debate has added new urgency to the search for tools to improve our development funding in efficient and meaningful ways. There may be other approaches: some have talked of tax incentives for companies investing in poverty reduction, or building special trust funds with new issues of special drawing rights (SDRs) by the International Monetary Fund (IMF). Like the Tobin tax, such ideas must be closely scrutinized.
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