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Financing sustainable development using a feasible Tobin taxCassimon, DannyThis article attempts to present a strong case for the introduction of a specific type of Tobin tax as a powerful instrument in promoting sustainable development, both directly and indirectly. ... Indirectly, it could discourage financial speculation and currency crises with their devastating effects on countries; directly, as a tax whose proceeds TS could be used as an alternative source of sustainable development finance in order to promote the establishment of international public goods. The original Tobin tax proposal can be turned into a feasible instrument by engineering it as a two-tier tax (the so-called Spahn version of the Tobin tax), with the tax being collected through an international settlements system. A concrete scheme along these lines is proposed.Source: Journal of international relations and development. - ISSN 1408-6980 (Vol. 4, no. 2, Jun. 2001, str. 157-173, 188, 191)Type of material - article, component partPublish date - 2001Language - englishCOBISS.SI-ID - 20633181
source: Journal of international relations and development. - ISSN 1408-6980 (Vol. 4, no. 2, Jun. 2001, str. 157-173, 188, 191)
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