Insight and inspiration in turbulent times.
Despite the extreme difficulties and threats we’re facing, the potential for positive change at the moment is actually huge – including a move towards a much fairer, stabler and more efficient financial sector in Ireland.
nef’s new book, Banking 2020: A vision for the future, brings together 12 of the leading voices behind the emerging regulatory architecture and its rules and asks them for their ideas on what to tackle next.
Put yourself in the shoes of a bank’s Chief Executive. Consider what your industry has been through since 2007: the panic of the initial crisis; the embarrassment of bailouts to prevent collapse; being the target of the public’s anger at having to foot the bill; and (presumably) the guilt over the part played by banks in Europe’s continuing economic crisis.
Local currencies for local economies. Since the launch of the Bristol Pound there can be no doubt that it’s been a tremendous success in raising awareness of shopping local, supporting independent retailers and strengthening connections between local businesses and people in Bristol. But what about the national economy? In any realistic vision of the future there will always be a practical need for a national currency. What that currency might look like is a question monetary reform campaign group Positive Money have been thinking about since they launched their campaign in 2010.
