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The Cyprus crisis in the mirror: the ‘small deposit tax’ as historical faux-pas


  • Fischer, Justina A.V.


Taxing small deposits used to be a taboo in European politics – but why? This contribution re-assesses the protection of small deposits from an angle that has not received much attention in the current debate: the politico-philosophical, ordo-liberal, and social-political perspectives, arguing that protection of the ordinary saver is a fundament of our civil societies.

Suggested Citation

  • Fischer, Justina A.V., 2013. "The Cyprus crisis in the mirror: the ‘small deposit tax’ as historical faux-pas," MPRA Paper 45652, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:45652

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    References listed on IDEAS

    1. Fischer, Justina A.V., 2012. "Globalization and Political Trust," Papers 285, World Trade Institute.
    2. Mueller,Dennis C., 2003. "Public Choice III," Cambridge Books, Cambridge University Press, number 9780521894753, December.
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    Blog mentions

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    1. What is an ordinary saver?
      by Economic Logician in Economic Logic on 2013-04-19 19:34:00


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    Cited by:

    1. Fischer, Justina A.V., 2013. "Der Euro – ein Projekt ohne Zukunft? Ein Plädoyer für europäische Solidarität und Toleranz
      [The Euro - a Project without Future? Calling for European Solidarity and Tolerance]
      ," MPRA Paper 46944, University Library of Munich, Germany.

    More about this item


    Eurocrisis; Cyprus; financial markets; banking sector; market power; market failure; Hobbes; Locke; Rawls; social contract; trust; rule of law; social capital; democracy;

    JEL classification:

    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • Z1 - Other Special Topics - - Cultural Economics

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