Attempts to raise a significant percentage of gross domestic product in revenue from a broad-based financial transactions tax are likely to fail both by raising much less revenue than expected and by generating far-reaching changes in economic behavior. Although the side-effects would include a sizable restructuring of financial sector activity, this would not occur in ways corrective of the particular forms of financial overtrading that were most...
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INFORMATION
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2010/03/01
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Document de travail de recherche sur les politiques
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WPS5230
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1
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1
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2010/07/01
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Disclosed
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Financial transactions tax : panacea, threat, or damp squib ?
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Finance & Private Sector Development