Money

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Any item or verifiable record that fulfils these functions can be considered as money. Money is historically an emergent market phenomenon establishing a commodity money, but nearly all contemporary money systems are based on fiat money. Fiat money, like any check or …

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Publications

The Aspen Institute · 13 September 2024 English

In 2023’s The New Wealth Agenda , we called on leaders across the nation to join us in pursuing an ambitious goal: increase tenfold the wealth of households of color …

resilient, build savings, and amass investable sums of money. • In 2022, fewer households achieved the indicator


World Bank Group · 13 September 2024 English

Bank’s Core Procurement Principles of value for money, economy, integrity, fit for purpose, efficiency


CEIP: Carnegie Endowment for International Peace · 13 September 2024 English

If-then commitments are an emerging framework for preparing for risks from AI without unnecessarily slowing the development of new technology. The more attention and interest there is these commitments, the …

talented people with moderate amounts of time and money but no deep relevant expertise or expe- rience were college education, a moderate amount of time and money—perhaps $50,000 and six months—but no deep relevant


World Bank Group · 13 September 2024 English

Effective leaders are a key input into high-quality schools where students learn. Numerous studies have shown that improved management practices are associated with faster levels of student learning. Yet school …

components:7 1. Resource management. This includes money, human capital, equipment, and infrastructure. 2


DIIS: Dansk Institut for Internationale Studier · 13 September 2024 English

How everyday encounters reproduce public authority This Working Paper develops a political sociology of roadblocks to demonstrate how roadblocks in eastern Democratic Republic of Congo (DRC) contribute to the production …

effects on regulating flows of people, goods and money, seizing it as ‘a critical empirical entry point’ for motor-taxi services, in this way making more money on the side.3 In doing so, he attempted to create


World Bank Group · 13 September 2024 English

This Public Finance Review (PFR) discusses the challenges and opportunities in strengthening Zambia's fiscal governance to support the government's ambitious development agenda through transformative investments. It analyses revenue and spending …

demand for quality projects that show value for money in terms of efficiency and effectiveness. The public are not performing well, with about half losing money, creating significant fiscal risks for the government (ZAMTEL) and Zambia Railways Limited—always lose money, struggling with issues such as maintaining unprofitable


Cato Institute · 13 September 2024 English

On May 9th, the Federal Reserve System announced that it was "seeking input" on a proposal to expand the operating hours of two "wholesale" payment services it operates, Fedwire Funds …

years before the Federal Reserve Act’s passage. money ahead of settlement, doing so is risky, because will credit the accounts of the banks to which money is owed. At that point, the payments become final primarily within person-to-person (e.g., sending money to a friend or relative), business-to-business “should either enable Settlement in central bank money, or minimize and strictly control the credit and liquidity risk arising from the use of commercial bank money for the inter- Provider Settlement process.”


World Bank Group · 13 September 2024 English

providing mobile money payments; and (3) supporting beneficiaries in setting up mobile-money accounts and quantity and quality, with a focus on a lack of money and resources to obtain food (ICR, p. 28). Based cash-in- transit to exclusively providing mobile money payments led to (i) increased transparency, (ii) (3) the PMT for better targeting; and (4) mobile money payments. These functionalities are currently being team transitioned from cash in transit to mobile money payments to avoid delays in payments to beneficiaries


EPRS: European Parliamentary Research Service · 13 September 2024 English

The European Parliament has come a long way since its inception in 1951. Initially a consultative body composed of delegations of national parliaments, it has become a directly elected institution, …

number of votes) jointly decided that the Anti-Money-Laundering Authority (AMLA) should be located in Parliament, Frankfurt will be the home of the EU Anti-Money Laundering Authority, press release, 22 February Budget negotiations, i.e. negotiations on how money will be allocated, have frequently been fraught Faggionato, 'EU must find 'enormous amount' of money to face global challenges, Draghi says', Politico


World Bank Group · 12 September 2024 English

Noncommunicable diseases (NCDs) are among the major health and development challenges of our time. Every year, about 41 million people die due to NCDs. This makes up about 74 percent …

29. Lang, E, and P Nystedt. 2018. “Blowing up money? The earnings penalty of smoking in the 1970s and


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