RHT Policy Library
The Economic Case for a Currency Transaction Tax
Thomas Palley, Director of the Globalization Reform Project.
A short presentation setting out the economic arguements for a currency transaction tax.
The Action Against Hunger and Poverty Report
Report of the Technical Group on Innovative Financing Mechanisms, September 2004
The Action Against Hunger and Poverty Report – also known as the Quadripartite Report – was commissioned by President Chirac of France, President Lula of Brazil, President Escobar of Chile and Prime Minister Zapatero of Spain and it states that “a tax on foreign exchange transactions is technically feasible”.
Report for President Chirac of France
Jean-Pierre Landau, 2004
President Chirac of France commissioned Jean-Pierre Landau to assess various innovative sources for financing development. The result is this comprehensive report.
On the Feasibility of a Tax on Foreign Exchange Transactions
Paul Bernd Spahn, January 2002
Report commissioned by the Federal Ministry for Economic Cooperation and Development, Bonn.
A Feasible Foreign Exchange Transactions Tax & Efficient capital controls
Rodney Schmidt, 1999
Professor Rodney Schmidt of the North-South Institute is a renowned CTT expert and author of a number of key studies. Central to his work is the fact that a stamp duty can be levied unilaterally on a currency rather than on a jurisdiction or country, thus negating many of the technical objections.
When Financial Markets Work Too Well: A Cautious Case For a Securities Transactions Tax
Summers L, 1989
In a seminal paper (1989) Larry Summers, leading US economist and columnist for the Financial Times, examines the desirability and feasibility of implementing a Financial Transaction Tax (FTT) in the US.
A Proposal for International Monetary Reform
Tobin J, 1978
The current Financial Transactions Tax (FTT) has its roots in the Tobin Tax: read James Tobin’s proposal for a 1% tax on all foreign exchange tansactions as a means to reduce speculative trading.
Other library publications: