Developing global currency
- Creating global uniform credit system
- Proposing new global financial system
Description
Developing a global currency involves establishing a universally accepted medium of exchange to facilitate international trade, reduce currency exchange risks, and enhance economic stability. This strategy aims to remedy issues such as fluctuating exchange rates, transaction costs, and financial imbalances between nations. Practical actions include creating standardized monetary policies, forming international regulatory bodies, and implementing secure digital platforms to ensure transparency, trust, and efficient cross-border transactions.
Implementation
In the process of evolving basic organs of world government, the World Government of World Citizens has designated the World Kilowatt Dollar.
Broader
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Constrains
Constrained by
Facilitates
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Related
Value
UIA organization
Web link
SDG
Metadata
Database
Global strategies
Type
(D) Detailed strategies
Subject
- Commerce » Finance
- Commerce » Currency
- Commerce » Credit
- Research, standards » Quality unification
- Cybernetics » Systems
- International relations » Planetary initiatives
- Development » Development
Content quality
Yet to rate
Language
English
1A4N
J1880
DOCID
12018800
D7NID
211815
Editing link
Official link
Last update
Jan 18, 2023