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Revisiting the Tobin Tax, in the Context of Development and the Financial Crisis

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  • Yates Nicholas A

    (University of New South Wales)

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    Abstract

    In the climate of a global financial crisis the problem of financial stability is particularly potent, especially given the difficulties faced around the world in both developed and developing countries. A defence for future crises alongside a means of improving global development problems could possibly be found in the oft-debated Tobin tax. Furthermore, it is shown that the possibilities for global improvement as a result of such a move are too important to be disregarded without proper consideration. As a result of extensive research of the arguments surrounding the tax, it is suggested that the time is ripe for a re-evaluation of Professor Tobin's suggestion.

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    File URL: http://www.degruyter.com/view/j/ldr.2009.2.1/ldr.2009.2.1.1039/ldr.2009.2.1.1039.xml?format=INT
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    Bibliographic Info

    Article provided by De Gruyter in its journal The Law and Development Review.

    Volume (Year): 2 (2009)
    Issue (Month): 1 (November)
    Pages: 257-282

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    Handle: RePEc:bpj:lawdev:v:2:y:2009:i:1:n:10

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    Web page: http://www.degruyter.com

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