⚠️Automatic translation pending review by an economist.
The subject of renewed attention in the wake of the financial crisis, the financial transaction tax (FTT) is now in force in many countries, including France. The debates it has sparked question its effectiveness in reducing the negative externalities of financial instability fueled by speculation. Indeed, in the absence of global coordination, only a well-designed FTT can be sustainable. From this perspective, it is essential to consider which financial products should be targeted as a priority.
