WDEV special: Subscribe now and get 4 weeks free >>> here
deutschsprachige Version

Our new website address:  

Home Mission Statement Subscriptions Sample Copies Services Blogs Background Links Archives

Volume 2017
Volume 2016
Volume 2015
Volume 2014
Volume 2013
Volume 2012
Volume 2011
Volume 2010
Volume 2009
Volume 2008
Volume 2007
Volume 2006
Special Reports
For subscribers only
Show memo
Show shopping cart
Proceed to check-out
Your account
Europe Global Environment & Development The New South From G8 to G20 The Development Agenda UN Reform Global Finance Doha Final The Euro-zone in Crisis Eastern Europe

Debunking the myths about the Tobin tax

Calm down, opponents!

The media attention for this tiny tax has been amazing, e.g. in the Wall Street Journal and in the Financial Times nearly every day last week. Those opposed to a financial transaction tax, or Tobin tax, have been pushing myths about in an attempt to discredit the tax, argues Suleika Reiners. One of these myths is that businesses oppose the tax.


Opponents to the financial transaction tax, also known as the Tobin tax, have been around for as long as the idea of the tax, which goes back to the seventies. The financial crisis has opened up a window of opportunity to make the tax a reality, namely under the enhanced cooperation of eleven member states of the EU. This has caused a paradigm shift in the opponents' myths: from previously arguing against its feasibility to – now that the tax is planned to be implemented – arguing against its desirability ...

To read this article you have the options:

>>> As a subscriber log in directly >>> here.
>>> If you have no subscription >>> pick your option.

Find in this article:

A charming tax ...
... against short-termism
How the financial sector will be impacted
Pension schemes affected?

More on the subject:

* >>> In-depth: Global Finance

* SUBSCRIBE to World Economy & Development in brief >>> here.

Developmental regionalism and African enterprises / Mid-year economic update: Not out of the woods yet


Top of page

Imprint General Terms and Conditions RSS Feeds Site Map