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Geography > Tobin Tax
The following information is about Tobin Tax.
Tobin Tax Defined
Named after the economist James Tobin who was awarded the Nobel Prize in 1978, the Tobin Tax suggests that a 1% tariff be placed on foreign exchange transactions. Since speculative currency trades occur on smaller margins, the Tobin Tax would reduce profits from speculation markets which would allow for the stabilization of exchange rates allowing for countries to be able to plan their development as their would be a reduced amount of stock price fluctuations on global markets. The revenue generated from the Tobin tax could then be used to reduce hunger and poverty around the globe
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Off-site Tobin Tax Links, User Submitted
The following links have been collected through user bookmark submission in the Tobin Tax category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.
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- ATTAC France / Versions étrangères / English / James Tobin, the Tobin Tax and Attac: explanation in English
- Tobin tax - Wikipedia, the free encyclopedia
- Association pour la Taxation des Transactions pour l'Aide aux Citoyens - Wikipedia, the free encyclopedia
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