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New technologies are driving transformational changes in the global financial system. Virtual currencies (VCs) and the underlying distributed ledger systems are among these. VCs offer many potential benefits, but also considerable risks. VCs could raise efficiency and in the long run strengthen financial inclusion. At the same time, VCs could be potential vehicles for money laundering, terrorist financing, tax evasion and fraud. While risks to the conduct of monetary policy seem less likely to arise at this stage given the very small scale of VCs, risks to financial stability may eventually emerge as the new technologies become more widely used. National authorities have begun to address these challenges and will need to calibrate regulation in a manner that appropriately addresses the risks without stifling innovation. As experience is gained, international standards and best practices could be considered to provide guidance on the most appropriate regulatory responses in different fields, thereby promoting harmonization and cooperation across jurisdictions.
"Dragon's Gate is a superb book, a fascinating story written from the heart and woven into a complex cultural and historical tapestry - a modern classic in the making." - Robert Macklin, author of Dragon and Kangaroo Shi Ding is seventeen. In an attempt to impress a girl, he joins a local Red Guard unit and succeeds in having a nine-year-old boy arrested and a widowed professor of foreign literature driven to a shameful suicide. But when his father's death is also revealed as suicide, Shi Ding is expelled from the gang. He suspects there was more to the relationship between his father and the professor than friendship and he moves into her empty house. There he discovers a library of transla...
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In Money: Ethnographic Encounters, anthropologists tell stories of their experiences with money in the field. Through vivid fieldwork accounts, they explore the ways money has influenced their perceptions and understandings of culture. These accounts raise critical questions. How do anthropologists come to know another culture through ordinary yet unexpected experiences with money? How is anthropological knowledge produced through these interactions?Money: Ethnographic Encounters offers students, teachers and researchers the opportunity to consider the work of anthropology through vigorous narrative. It also includes a Guide to Further Reading for students. With stories of fieldwork in such varied sites as Vietnam, Ghana, China, and Malawi, Money: Ethnographic Encounters is ideal for all students of anthropology.
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另配录音带和多媒体光盘