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Abstract
In the context of the discussion of the new financial architecture the idea of a Tobin tax is revived. Mainly due to the pressure of several non-governmental organisations (NGO’s) the Tobin tax is currently discussed seriously in various policy circles. Recently, the German Federal Ministry of Economic Co-Operation and Development has commissioned a feasibility study on the implementation of a Tobin tax. The study was written by Paul S. Spahn (2002). This article discusses the feasibility study critically and points out its main deficiencies.
Online erschienen: 2016-5-11
Erschienen im Druck: 2003-8-1
© 2003 by Lucius & Lucius, Stuttgart