001435912 000__ 04707cam\a2200565\i\4500 001435912 001__ 1435912 001435912 003__ OCoLC 001435912 005__ 20230309003959.0 001435912 006__ m\\\\\o\\d\\\\\\\\ 001435912 007__ cr\cn\nnnunnun 001435912 008__ 210420s2021\\\\enka\\\\ob\\\\001\0\eng\d 001435912 019__ $$a1247942037 001435912 020__ $$a9783030648268$$q(electronic bk.) 001435912 020__ $$a3030648265$$q(electronic bk.) 001435912 020__ $$z9783030648251 001435912 020__ $$z3030648257 001435912 0247_ $$a10.1007/978-3-030-64826-8$$2doi 001435912 035__ $$aSP(OCoLC)1246681896 001435912 040__ $$aGW5XE$$beng$$erda$$epn$$cGW5XE$$dOCLCO$$dUKMGB$$dN$T$$dUKAHL$$dOCLCQ$$dOCLCO$$dOCLCQ 001435912 049__ $$aISEA 001435912 050_4 $$aHG1710 001435912 08204 $$a332.4$$223 001435912 1001_ $$aBrunnhuber, Stefan,$$eauthor. 001435912 24510 $$aFinancing our future :$$bunveiling a parallel digital currency system to fund the SDGs and the common good /$$cStefan Brunnhuber. 001435912 264_1 $$aBasingstoke :$$bPalgrave Macmillan,$$c[2021] 001435912 300__ $$a1 online resource :$$bcolor illustrations 001435912 336__ $$atext$$btxt$$2rdacontent 001435912 337__ $$acomputer$$bc$$2rdamedia 001435912 338__ $$aonline resource$$bcr$$2rdacarrier 001435912 504__ $$aIncludes bibliographical references and index. 001435912 5050_ $$aChapter 1. A New Narrative for the Anthropocene Era -- Chapter 2. Beyond the Mantra of Traditional Finance -- Chapter 3. Western Thinking at its Best -- Chapter 4. Unleashing the Sleeping Giant Discovering New Ground and Starting the Dance of the TAO -- Chapter 5: The TAO of Finance -- Chapter 6. New Symmetries The Future has a History or a Path with a Heart. 001435912 506__ $$aAccess limited to authorized users. 001435912 520__ $$aThe monetary system is the indispensable missing link in the debate of sustainability, and whether the current financial system can handle these evolved needs. To date, the UN Sustainable Development Goals (SDGs) primarily have been financed either through the private sector, through conventional public sector taxes and fees, or through philanthropic commitment. Assuming a need of 4 to 5 trillion dollars annually in the 10 to 15 years left to finance our future, these conventional sources of finance are insufficient in terms of both the scale and speed of funding required to finance our future. Furthermore, the inherent instability of our financial system forces the world community to focus first and foremost on repairing and stabilizing the existing system. The development of cryptocurrencies using distributed ledger technologies (mainly blockchain) has prompted leading central banks to study the potential application of this approach to independently create purchasing power. In this vein, this book offers a new approach, namely introducing a parallel electronic currency specifically designed to finance global common goods and provide the resources necessary to achieve the SDGs. Furthermore, this mechanism would have a stabilizing effect on the existing monetary system. The book argues that one way this could be achieved is by giving central banks a modified monetary mandate to inject new liquidity into the system using a top-down approach. Alternatively, liquidity could come from corporate or communal initiatives with crypto- or communal currencies in a bottom-up approach. The author maintains that by issuing a blockchain-enabled parallel electronic currency earmarked for SDG-related projects and using other channels for monetary flow rather than the conventional ones, the future could be financed in a different manner. In the long run, abandoning our current monetary monoculture and introducing a monetary ecosystem would stabilize international financial markets, increase monetary regulatory efforts, reduce negative externalities, create a social Pareto optimum and stabilize democracies. This book presents, in the same spirit as Fritjof Capras The Tao of Physics, a Tao of financean outside-of-the-box approach to financing global common goods. 001435912 588__ $$aDescription based on print version record. 001435912 650_0 $$aMonetary policy. 001435912 650_0 $$aSustainable development. 001435912 650_0 $$aDigital currency. 001435912 650_0 $$aEconomic development$$xTechnological innovations. 001435912 650_6 $$aPolitique monétaire. 001435912 650_6 $$aDéveloppement durable. 001435912 650_6 $$aMonnaie électronique. 001435912 650_6 $$aDéveloppement économique$$xInnovations. 001435912 655_0 $$aElectronic books. 001435912 77608 $$iPrint version:$$aBrunnhuber, Stefan.$$tFinancing our future.$$dBasingstoke : Palgrave Macmillan, 2021$$z9783030648251$$w(OCoLC)1233316217 001435912 852__ $$bebk 001435912 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-030-64826-8$$zOnline Access$$91397441.1 001435912 909CO $$ooai:library.usi.edu:1435912$$pGLOBAL_SET 001435912 980__ $$aBIB 001435912 980__ $$aEBOOK 001435912 982__ $$aEbook 001435912 983__ $$aOnline 001435912 994__ $$a92$$bISE