Financial Transaction Tax
Date Submitted: 12/23/2004 02:32:10
Category: / Business & Economy / Economics
Length: 13 pages (3504 words)
Category: / Business & Economy / Economics
Length: 13 pages (3504 words)
The soaring volume of international finance and increased interdependence in
recent decades has increased concerns about volatility and threats of a financial crisis.
This has led many to investigate and analyze the origins, transmission, effects and policies
aimed to impede financial instability. This paper argues that financial liberalization and
speculation are the most reflective explanations for instability in financial markets and that
financial instability is likely to be transmitted globally with far reaching implications on …
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