Currency Transaction Tax, The: Rate and Revenue Estimates
Currency Transaction Tax, The: Rate and Revenue Estimates, ed. Schmidt, Rodney (Tokyo: UNU Press, 2008).
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Editor Schmidt, Rodney Title Currency Transaction Tax, The: Rate and Revenue Estimates Publication Date 2008 Place of Publication Tokyo Publisher UNU Press Pages vi,23 Language eng Abstract The Currency Transaction Tax (CTT) is emerging as a leading new financial instrument for government seeking to raise large amounts of global, independent, and stable monies for international development and projects addressing global issues such as public health and climate change. The publication exploits the fact that CTT is functionally equivalent in foreign exchange markets to the bid-ask spread: both are transaction costs. Part I describes the issues and assumptions. Parts II and III explain how to calculate it and the revenue estimates. Finally, Part IV shows the advantages of the CTT.--Publisher's description.
Copyright Holder UNU Press Copyright Year 2008 Copyright type Creative commons ISBN 9789280811599 -
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