Is the French and German Tobin tax more than just political posturing?

Salman Shaheen

August 22, 2011

French President Nicolas Sarkozy and German Chancellor Angela Merkel rocked the markets with their joint plan for a Tobin tax. Their proposals have been welcomed by development activists, however, the overriding view is that they must gain wider support if they are to be implemented anywhere.

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Is the French and German Tobin tax more than just political posturing?

French President Nicolas Sarkozy and German Chancellor Angela Merkel rocked the markets with their joint plan for a Tobin tax. Their proposals have been welcomed by development activists, however, the overriding view is that they must gain wider support if they are to be implemented anywhere.

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