As 2013 begins, the introduction of a financial transaction tax (FTT) in a selection of European countries looks closer to becoming reality then ever.

  After a first (failed) attempt by the European Commission to introduce a common system for a broad based FTT in the EU in 2011, the proposal has gained new life when 11 Eurozone countries were able to agree on the proposal and move it forward under the ‘enhanced cooperation …

Capital Account Regulations for Stability and Development: A New Approach

New Rules Spotlight on a New Report Capital Account Regulations for Stability and Development: A New Approach By Kevin P. Gallagher, Stephany Griffith-Jones and José Antonio Ocampo November 2011 In the wake of the financial crisis numerous emerging market and developing countries have been deploying what have traditionally been referred …