Sunday, September 20, 2009

Tobin Tax

French President Nicolas Sarkozy suggested to bring a new tax in financial transactions. This tax was first suggested by American economist James Tobin in 1970s. French President thinks that the chances of getting a global agreement were "less than minimal". Germany and France agreed with this proposition, but UK  and US(homes of most financial centres) didn't agree with senior Sarkozy. This question and other will be  on agenda at the G20 meeting in Pittsburgh, the US, next weekend.
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1 comment:

  1. chris sivewrightSeptember 20, 2009 at 6:02 PM

    You have not explained what a Tobin tax is. Include a video. Include a link. Maybe a graphic?

    USE YOUR BLOG TO LEARN

    ReplyDelete

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