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Implementation and RevenueUntil the criticism that Tobin's original proposal was not feasible was addressed, discussion of implementation and revenue distribution was moot. Thus, this area of research and debate only emerged with the new century. To contribute papers, please contact Halifax Initiative.
2001
The author argues that the power of the global financial markets to undermine economic policies, production and employment has grown rapidly, while also transferring accountability away from national legislatures. The Tobin tax would help control global finance, bolster the autonomy of states, and shift globalization towards more democratic control, social responsibility and justice. On a practical level, Dr Patomaki argues that its implementation could start with a group of countries. This would make it possible to proceed without the consent of every state, while not compromising the eventual aim of a universal and uniform tax. Is It Possible to Implement the Tobin tax in Europe Alone? (EN)2001
Making the Tobin Tax Real in a Democratic Way: A Two-Phase Proposal
(EN) 2001
Sovereignty, Automaticity, and International Trust Funds: A Proposal for Implementation of Tobin-style Taxes
(EN - 40 KB PDF) 2001
The Next Step: Implementation of a Currency Transaction Development Levy
(EN - 303 KB PDF) 2007
This paper was commissioned by the Norwegian Ministry of Foreign Affairs for presentation to the Leading Group on Solidarity Levies to Fund Development, meeting in Oslo, Norway, February 6-7, 2007. The Robin Hood Tax (EN)2001
The UN Multilateral Environmental Agreement /Financial Mechanism as a Model for Currency Transactions Tax Governance and Revenue Redistribution
(EN) (EN - 34 KB PDF) 2001
The UN multilateral environmental agreement/financial mechanism model is a viable one that can provide useful lessons to governments developing the terms of reference for currency transactions tax governance and redistribution systems. Tobinin veron toteutus (The realisation of the Tobin Tax) (EN)2001
Treaty On Global Currency Transactions Tax
(EN) 2002
In addition to the paper, a special forum has been created for the discussion of the Draft Treaty on Global Currency Transactions Tax. UNU-WIDER Study on New and Innovative Sources of Development Finance (EN - 311 KB PDF)2004
As part of the follow-up process to the International Conference on Financing for Development, the UN General Assembly decided to consider possible innovative sources of financing development at its fifty-ninth session and requested the Secretary General to present an analysis of this issue at the session. In response to this call, the World Institute for Development Economics Research of the United Nations University (UNU-WIDER) was commissioned to undertake a study of new and innovative sources of finance over the period 2003-4. The report was released in Oct 2004.The chapter of the UNU-WIDER study on Currency Transaction Taxes is written by Machiko Nissanke. |
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