The Revenue and Double Dividend Potential of Taxes on International Private Capital Flows and Securities Transactions

Ilene Grabel

No DP2003-83, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper explores two proposals to tax financial flows in developing economies—the package of policies implemented to various degrees by Chile and Colombia during the 1990s, widely referred to today as the Chilean model—and securities transactions taxes (STTs). I find that each provides a viable mechanism to raise revenue in some developing countries.

Keywords: Economic policy; Revenue; Securities; Tax incidence; Taxation (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (2)

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