THE TOBIN TAX AND THE SPECULATIVE CURRENCY TRANSACTIONS Cover Image

ДАНЪКЪТ НА ТОБИН И СПЕКУЛАТИВНИТЕ ВАЛУТНИ ТРАНСАКЦИИ
THE TOBIN TAX AND THE SPECULATIVE CURRENCY TRANSACTIONS

Author(s): Mladen Lambev
Subject(s): Economy
Published by: Стопанска академия »Д. А. Ценов«
Keywords: financial markets;Tobin Tax;speculative transactions

Summary/Abstract: The purpose of this paper is to outline the Tobin Tax ability to solve certain problems related to the instability of financial markets, conditioned by speculative transactions. First proposed in the early 70’s of the 20th century, Tobin’s idea has retained its relevance and is still subject of attention both in academic circles and in terms of its practical implementation. Briefly reviewing the unsuccessful experience of Sweden to introduce its own type of the Tobin Tax, the paper seeks the lessons learned through it and identifies the most significant obstacles and challenges before the financial transactions taxation from financial, political and organizational point of view.

  • Issue Year: 18/2012
  • Issue No: 18
  • Page Range: 290-290
  • Page Count: 0
  • Language: Bulgarian