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Ready for Implementation: Technical and Legal Aspects of a Currency Transaction Tax and Its Implementation

> World Economy, Ecology and Development e.V. (WEED), Berlin, November 2005, 238pp., PDF (...)

This study brings the important technical and legal details of the Currency Transaction Tax (CTT) to the debate table. It proves explicitly the feasibility of a CTT implementation and clarifies its political, technical, institutional and legal aspects. It is, so far, the most in-depth analysis of the possibilities of an implementation of the CTT and the challenges emerging from this implementation.
Eventually the implementation of a CTT depends on the political will and especially the pressure by the global justice movement on governments and decision makers. The technical feasibility of a sound project does not ensure its implementation, as politics are shaped by interest groups and power struggles. However, this study shows that there are no more formal, legal or technical excuses behind which opponents or hesitant supporters of a CTT can hide.  read

date of on-line publication : 18 May 2006

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