IDEAS home Printed from
   My bibliography  Save this paper

Ways of Paying for Global Public-Goods


  • Anthony Clunies-Ross,


simple schedule of governmental contributions, of paying for global public-goods and common purposes: use of IMF Special Drawing Rights (SDRs); the United Kingdom’s International Finance Facility (IFF); and globally-coordinated taxes (on arms exports, deepocean mineral rents, international air transport, greenhouse-gas emissions, or currency transactions). There is discussion of whether the various possible taxes might have political advantages over a schedule of governmental contributions; of their revenue possibilities; and of equity considerations. Promising, the paper argues, provided what are essentially prejudices can eventually be overcome, are a global tax on currency transactions, SDRs (for certain specific purposes), and (with qualifications and probably modifications) the IFF.

Suggested Citation

  • Anthony Clunies-Ross,, 2006. "Ways of Paying for Global Public-Goods," Working Papers id:536, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:536
    Note: Institutional Papers

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. J. J. Polak & Peter B. Clark, 2002. "International Liquidity and the Role of the SDR in the International Monetary System," IMF Working Papers 02/217, International Monetary Fund.
    2. Rodney Schmidt, 2001. "Efficient capital controls," Journal of Economic Studies, Emerald Group Publishing, vol. 28(3), pages 199-212, September.
    Full references (including those not matched with items on IDEAS)


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ess:wpaper:id:536. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Padma Prakash). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.