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Mapping Wild Cards

Inspired by: FP7 » Global trade tax and island thinking

version: 1 / created: 2009-11-20
id: #285 / version id: #285
mode: VIEW

Originally submitted by: Joe Ravetz
List of all contributors by versions (mouse over)
Last changed by: Joe Ravetz
WI-WE status:
submitted unpublished

Source of inspiration

European Commission Framework Programme for RTD (FP7)

Theme/activity of inspiration

Theme 6 - Environment (including Climate Change)

Sub-theme/area of inspiration

Forecasting methods and assessment tools for sustainable development taking into account differing scales of observation

Optional reference/s to FP7 project/s

Use the following format: Project Acronym (Project Reference No.). Use commas if more than one project is associated to this Wild Card, for example: ALFA-BIRD (213266), SAFAR (213374), LAPCAT-II (211485)
ENCI-LOWCARB (213106) http://cordis.europa.eu/fetch?CALLER=FP7_PROJ_EN&ACTION=D&DOC=1&CAT=PROJ&QUERY=01251392369c:bfed:3ca9f06e&RCN=88647

Headline

(max. 9 words)

Global trade tax and island thinking

Description

(approx. 150 words)
Please describe the Wild Card (approx. 150 words)
The long awaited Tobin tax on financial transactions is implemented in major economies. But, this provides a major boost to island tax havens, which is tacitly supported by larger financial markets in collusion with transnational companies (TNCs). The islands are now the nominal locations for all international banking and trading. The City of London etc are reduced to back-office functions.

Keywords

tax, trade, financial, island, market, transnationals

Likelihood

Closest timeframe for at least 50% likelihood
Please use one of the following options:
now-2050

Type of event

Human planned (e.g. terrorist attack or funded scientific breakthrough)

Type of emergence

please select (if any) describe related trend or situation
An extreme extension of a trend/development/situation
(e.g. Increased global warming leads to a total ban on fossil fuels)

Type of systems affected

Human-built Systems - E.g. organisations, processes, technologies, etc.

Classification

Mixed

Importance

please specify:
please select
Level 3: important for the European Union
Level 4: important for the whole world

Manifestation phase

Type of manifestation

In a probably pervasive way (contagious or transmittable)

Aftermath phase

Important implications
Emergence of a new system (e.g. new technologies, new paradigms)
Transformation of a system (e.g. new applications, change in stakeholders relations/influence)