Serious reform starts with a systemic risk tax
| Authors |
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| Publication date |
09-05-2010
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| Journal |
VOX : Research-based Policy Analysis and Commentary from leading Economists
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| Organisations |
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Faculty of Economics and Business (FEB) - Amsterdam Business School Research Institute (ABS-RI)
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| Abstract |
The recent IMF report to the G20 states that fiscal reforms are essential to recover the costs of the crisis, as well as to contain future risk creation. This column argues that progress on controlling future risk requires a direct tax on systemic risk. This would restore confidence in the ability of policymakers to act preventively in future.
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| Document type |
Article
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| Language |
English
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| Published at |
http://www.voxeu.org/index.php?q=node/5021
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