The Tobin Tax: Coping with Financial Volatility

by Kaul Grunberg Haq and Mahbub ul Haq

Book Overview

In his 1972 Janeway Lectures at Princeton, James Tobin, the 1981 Nobel Prize winner for economics, submitted a proposal for a levy on international currency transactions. The idea was not greeted with enthusiasm, as the 1970s were a period of optimism and confidence in floating exchange rages. Yet, whenever currency crises erupted during the past decades, the proposal for a levy on international currency transactions would once again arise. In the...

• Format: Paperback
• Language: English
• ISBN: 0195111818
• ISBN13: 9780195111811
• Release Date: July 1996
• Publisher: Oxford University Press, USA
• Length: 336 Pages
• Weight: 1.00 lbs.
• Dimensions: 0.9" x 6.1" x 9.2"