The newsletter analyses the latest and ongoing EU financial reforms and their impact on development. It focusses especially on hedge funds, levies for the financial sector, derivatives, capital requirements and supervision.
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The newsletter analyses the latest and ongoing EU financial reforms and their impact on development. It focusses especially on hedge funds, levies for the financial sector, derivatives, capital requirements and supervision.
A proposed international tax on banks will take center stage at this weekend's meeting of finance ministers and central bank governors from the Group of 20 leading economies.
In this paper Stephan Schulmeister from WIFO - Austrian Institute of Economic Research gives an overvie of the pro and cons of the Financial Transaction Tax and provides also a proposal how this tax could be implemented. In general the paper summarizes and updates the results of the Study (Schulmeister-Schratzenstaller-Picek, 2008).
Peter Wahl (WEED) gives a summary of the major facts and origins of their proposals, integrates it into the actual political context and gives an outlook what this could mean for the civil society.