Article on 'The EU as a Global Robin Hood - Global Financial Transaction Tax' – Københavns Universitet

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CECS – Centre for Comparative and European Constitutional Studies > Nyheder > Article on 'The EU as ...

12. september 2011

Article on 'The EU as a Global Robin Hood - Global Financial Transaction Tax'

In the wake of the financial crisis, taxation of the financial sector has forcefully re-emerged on the EU political agenda. Most recently, at the Sarkozy-Merkel meeting of 16 August 2011, both leaders agreed that they would jointly push towards imposing a financial transactions tax (FTT). The degree of legal and institutional coordination required at global level for a successful implementation of this tax remains unexplored. This paper fills that lacuna, by proposing that in order to realize a global FTT, the EU must forcefully support further legalization and institutionalization of the global economic governance system.

This contribution can be downloaded from the following website: http://www.asser.nl/Default.aspx?site_id=26&level1=14467&level2=14468&textid=39446