An August IMF working paper by staffer John Brondolo takes the IMF into new territory, giving detailed information on how financial transaction taxes (FTTs) could be implemented. The paper compares “administrative feasibility” of FTTs with the IMF preferred financial activities tax (FAT, see Update 71), finding that, “in principle, an FTT is no more difficult and, in some respects easier, to administer than other taxes.” Campaigners for FTTs, dubbed ‘Robin Hood taxes’, welcomed the paper, and over 90 organisations wrote to IMF head Christine Lagarde in September asking her to “promote the widest possible adoption of FTTs to provide much needed funds for global public goods and discourage high frequency trading.”
BWP briefing explores IMF's labour market policies in the context of women in the informal economy and suggests they will not contribute to decreasing inequalities.
The Bretton Woods Project published an edited volume on the gendered impacts of some of the most commonly-prescribed macroeconomic policies of the IMF, covering tax, expenditure and labour policies.
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