scholarly journals Interaction of the Banking Community and Professional Assessment in the Context of Financial Architecture

2021 ◽  
Author(s):  
Tat'iana Alekseevna Cherkashina ◽  
Darina Azamatovna Dzhantemirova
Keyword(s):  
Financial Architecture ◽  
Banking Community ◽  
Professional Assessment

Money creation, debt, and justice

2021 ◽  
pp. 1470594X2199973
Author(s):  
Peter Dietsch
Keyword(s):  
Commercial Banks ◽  
Central Banks ◽  
Private Bank ◽  
Access To Credit ◽  
Financial Architecture ◽  
Theories Of Justice ◽  
Money Creation ◽  
The Creation ◽  
Interbank Lending ◽  
Alternative Designs

Theories of justice rely on a variety of criteria to determine what social arrangements should be considered just. For most theories, the distribution of financial resources matters. However, they take the existence of money as a given and tend to ignore the way in which the creation of money impacts distributive justice. Those with access to collateral are favoured in the creation of credit or debt, which represents the main form of money today. Appealing to the idea that access to credit confers freedom, and that inequalities in this freedom are morally arbitrary, this article shows how the advantage to those with collateral plays out in different ways in today’s economy. The article identifies several forms of bias inherent in money creation, and its subsequent destruction: loans from commercial banks to individuals and corporations, interbank lending, lending from central banks to commercial banks, and selective bail-outs by central banks. These are not mere inequalities: they are unjust since alternative designs of the financial architecture exist that would significantly reduce them. The paper focuses on one possible reform with the potential to address several of the types of bias identified, namely the separation of money creation from private bank credit.

Global Finance after the Crisis: Reform Imperatives and Vested Interests

2011 ◽  
Vol 11 (2) ◽  
pp. 1850228
Author(s):  
Wim Naude
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Global Level ◽  
Reform Initiatives ◽  
Global Finance ◽  
Financial Architecture ◽  
Vested Interests ◽  
Recent Reform ◽  
The Global Financial Crisis ◽  
Made In

The global financial crisis of 2008-09 has stimulated a number of re-assessments of global development. But after two years, not much progress has been made in dealing with the deep causes of the crisis. While it is better understood now why the crisis occurred, more progress is needed in terms of financial reform on the global level in order to prevent future financial crises. A remaining challenge is to strengthen the global financial architecture (GFA). This paper focuses on the GFA and its relationship to the global financial crisis. Recent reform initiatives are discussed. Strong resistance against re-regulation of the financial sector is noted, reflecting the general opposition of vested interests to GFA reform.

Research on the Best Assessment Subjects for the Environmental Protection Performance of Local Party and Government Officials

2011 ◽  
Vol 228-229 ◽  
pp. 963-967
Author(s):  
Jing Kun Zhou
Keyword(s):  
Performance Assessment ◽  
Environmental Protection ◽  
Analytical Model ◽  
Government Officials ◽  
Political Rationality ◽  
Professional Assessment ◽  
Guiding Principles ◽  
Relative Analysis ◽  
Local Party

This paper first of all provides the guiding principles for choosing assessment subjects for the environmental protection performance of local party and government officials: effectiveness, scientificalness and objectivity. Effectiveness includes usefulness, inexpensiveness, and urgency; scientificalness includes professionality, systematicness and representativeness; objectivity includes independence, political rationality and authority. After that, starting from these guiding principles, this paper discusses the process of how to choose the best performance assessment subjects according to the analytical model of stakeholder assessment subjects. And then characteristics of potential assessment subjects for the environmental protection performance of local party and government officials are analyzed. At last, through the analytical model of stakeholder assessment subjects and characteristics of potential assessment subjects for the environmental protection performance of local party and government officials, this paper makes a relative analysis of the best assessment subjects for the environmental protection performance of local party and government officials, and gets a conclusion that professional assessment institutions are the best choice.

Sign in / Sign up

Export Citation Format

Share Document