TY - BOOK ID - 133599630 TI - Financial Transactions Tax : Panacea, Threat, Or Damp Squib ? AU - Yoder, Sean AU - Honohan, Patrick PY - 2010 PB - Washington, D.C., The World Bank, DB - UniCat KW - Banking assets KW - Banks & Banking Reform KW - Currency KW - Debt Markets KW - Derivative KW - Derivative transactions KW - Economic efficiency KW - Economic Theory & Research KW - Emerging Markets KW - Equities KW - Finance and Financial Sector Development KW - Financial assets KW - Financial system KW - Fiscal deficits KW - Government policy KW - Gross domestic product KW - International bank KW - Macroeconomics and Economic Growth KW - Market failures KW - Private Sector Development KW - Reserve KW - Reserve requirements KW - Securities KW - Securities transactions KW - Tax KW - Taxation & Subsidies KW - Transaction KW - Transparency UR - https://www.unicat.be/uniCat?func=search&query=sysid:133599630 AB - Attempts to raise a significant percentage of gross domestic product in revenue from a broad-based financial transactions tax are likely to fail both by raising much less revenue than expected and by generating far-reaching changes in economic behavior. Although the side-effects would include a sizable restructuring of financial sector activity, this would not occur in ways corrective of the particular forms of financial overtrading that were most conspicuous in contributing to the crisis. ER -