New Rules for Global Finance is a coalition of development, human rights, labor, environmental, and religious organizations and scholars dedicated to the reform of the global financial architecture in order to stabilize the world economy, reduce poverty and inequality, uphold fundamental rights, and protect the environment.

 

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TOBIN TAX CONFERENCE

 

DATE:   Thursday, January 16, 2003

LOCATION:   Washington, DC (Carnegie Conference Center, 1779 Massachusetts Ave NW)

Contact:   Jamie Baker, jbaker@new-rules.org

 

Organized by the coalition 'New Rules for Global Finance' Supported by the MOTT Foundation

 

The New Rules for Global Finance Coalition is sponsoring a conference on the Tobin Tax in Washington DC on Thursday January 16. There is at present no clear consensus in the NGO community concerned with global finance on the desirability and practicality of the Tobin Tax. There are also questions concerning whether it can be adopted, The purpose of this conference is to educate ourselves – the NGO community, researchers and activists - on the Tobin Tax and to reach our own conclusions on the wisdom of the proposal.

 

The conference will deal with the macro issues of the Tobin Tax.  And it will deal with three micro issues: will it reduce international financial instability, what are the implementation issues, and what are the revenue implications of the tax. We will discuss the politics of the Tobin tax and    will conclude the conference with a wrap up session covering the areas of consensus and the areas of disagreement. 

 

Representatives of NGOs, activists, researchers and other interested people are welcome! Register as soon as possible and ask for your copy of the 10 page policy memos which each speaker will be asked to prepare and which will be distributed by Email before the conference.

 

New Rules for Global Finance is an informal coalition of human rights, labor, environmental, development and religious organizations, activists, and scholars dedicated to the reform of the global financial architecture in order to stabilize the world economy, reduce poverty and inequality, uphold fundamental rights, and protect the environment

 

TOBIN TAX CONFERENCE AGENDA

 

Thursday January 16, 2003 

 

8:30 – 9:15             Registration and continental breakfast

 

9:15 – 9:30             Welcome - Jim Weaver, American University

 

9.30 – 10.45            Session 1: The Tobin Tax

 

      The Case for the Tobin Tax - Tom Palley, Open Society Institute

      The Case Against the Tobin Tax - Randall Dodd, Derivatives Study Center 

 

10.45 – 11.00           Morning break

 

11:00 – 12:45           Session 2: Can currency transaction taxes stabilize financial markets?

 

      How A Tobin Tax Could Stabilize Markets - Bruno Jetin, ATTAC  France

      Securities Transaction Taxes and Financial Markets - Karl Habermeier and Andrei Kirilenko, IMF

      What The Tobin Tax Can Do and What It Cannot Do - Ilene Grabel, Denver University

 

12.45 – 1.45             Lunch 

 

1.45 – 3:30              Session 3: Implementing Currency Transaction Taxes

 

      Is a Tobin Tax Enforcable? - Dean Baker, Center for Economic Policy Research

      Overcoming the Tobin Tax’s Implementation Problems: Tax Capital, Not Currencies - Howell Zee, IMF

      Applying a Securities Transactions Tax to the US: Design Issues, Market Impact, Revenue Estimates  - Bob Pollin, University of Massachusetts

 

3:30 – 3:45             Afternoon break

 

4:00 – 5:00            Session 4:  A View From the South   

 

      Understanding the Silence Amid Turmoil: The Tobin Tax and East Asia - Prof Young Chul Kim, Keimyung University, Korea 

 

5:00 – 5:30            Session 5: Closing Session

 

      Where do we go from here? What were points of consensus and disagreement?  - Jo Marie Griesgraber, OXFAM America, Chair, New Rules for Global Finance

 

5:30                 Reception

 

To view research papers prepared for this conference click here!

 

 

 

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Last updated: 05/06/08.