In 1994 and 1995 I attended two Summer Schools on International Political Economy, the second whose official title was “The Politics of Global Finance” (albeit we agreed on a slightly more “neutral” title for the diploma, “International Political Economy”).
In July 1995 I had to prepare a short essay- and my assigned title was: “Hegemony in an Era of Turmoil” (the focus was in global finance, not on military issues).
In 1994 and 1995 I attended two Summer Schools on International Political Economy, the second whose official title was “The Politics of Global Finance” (albeit we agreed on a slightly more “neutral” title for the diploma, “International Political Economy”).
In July 1995 I had to prepare a short essay- and my assigned title was: “Hegemony in an Era of Turmoil” (the focus was in global finance, not on military issues).
This short article (1000 words) tries to see some potential side-effects of the digital economy
Certainly, I am neither the first nor the last.
But it is a little bit disheartening to see how the discussions proceed as if reality had been frozen when the discussions began.
Probably SecondLife was the first case where a real-world entity had to sustain a virtual world currency to avoid a crisis of confidence.
And who should regulate these neo-financial virtual entities?
A short article.
As usual, with more questions than answers.
Beyond microfinancing: the vision
Monday, October 26th, 2009If you pick up any newspaper or magazine covering economic issues, every month you will find articles about microfinancing.
The idea of microfinancing expand globalization benefits available to developing countries, by changing the way funding is accessible.
Figures do not lie. And the picture that is projected, despite the 2006 Nobel peace prize to the Grameen Bank founder, is closer to the old way of managing financial relationships with developing countries, creating what was described already in 1990 in a Museum in Germany as the “spiral of debt”.
The idea? Merging microfinancing and charity to deliver self-sustaining development.
This article is the sequel of the “Beyond Microfinancing” article, published on 2009-10-12.
Focus: an action plan for ethical micro-financing.
(1000 words)
Tags: bank, co-operative, community, cooperative, dev2009, development, finance, innovation, keiretsu, market, microfinancing, startup
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