[영문] 토빈세 (Tobin Tax)에 관해서

목차

1. What is ‘Tobin tax’ ?
2. What is the condition for the Tobin tax?
3. What effect would an Tobin tax have on the global economy?
4. Are the all effects good?
5. What makes a different between Sweden and Brazil?
6. So, do the world needs the Tobin Tax or not?
References

본문내용

Tobin tax was suggested in 1972 by the economist James Tobin, who won the Nobel Prize in Economic Sciences in 1981. The main purpose of this tax was to impose taxes on short-term financial round-trip excursions into another currency that prevent countries' currency crisis. When Tobin suggested this tax, the economic situation was unsustained. In 1971, the Bretton Woods system was collapsed by the Nixon shock, the gold standard was ended and fixed change system was replaced by floating exchange rate system. This change caused chaos in the international transactions like exchange speculation, a short-term international capital movement. In that context, Tobin suggested a new system for international currency stability, and proposed small tax levied on every amount of foreign-exchange transaction, which is so-called the Tobin tax. He suggested using this tax to prevent speculation and to support developing countries, and think that this tax can make some space to control the domestic economy in macroeconomic sides.

참고 자료

Democratizing Globalization: The Leverage of the Tobin Tax by Heikki Patom"aki (ZedBooks)
The Tobin Tax: Coping with Financial Volatility, Mahbub ul Haq, Inge Kaul, Oxford University Press, 1996
'Sweden’s failed Tobin tax experiment', Editor's letter by Allister Heath, CITY A.M. 19th July 2010
Belgium Supports Tobin Tax, News & Country Digest by Marc Quaghebeur
Tobin, James, The New Economics: One Decade Older. Princeton University Press, 1972, pp. 88-93
Spahn, Paul Bernd, "The Tobin Tax and Exchange Rate Stability." Finance & Development, International Monetary Fund, June 1966
Spahn, P.B, "On the feasibility of a tax on foreign exchange transations," Federal Ministry for Economic Cooperation and Development, 2001
주요국의 자본통제 현황 및 시사점, 이윤석, 한국금융연구원, 18권 50호, pp. 3-7
http://en.wikipedia.org/wiki/Tobin_tax
http://www.chebucto.ns.ca/Current/P7/bwi/ccctobin.html