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

    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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    Created: Wed, 10 Dec 2014, 13:06:13 JST