Innovation in regulatory and other dimensions of banking policy in most developing countries - and for that matter, in many developed nations - has failed to keep abreast of the innovations in financial services provided by transnational banks. Generally, developing countries regulate on the basis of institutional form, with the emphasis on branch banking, rather than on the basis of the type or function of a financial service. They do not devote nearly the same regulatory attention to finance subsidiaries of transnational banks as to branch offices. In many cases, the outcome is that regulatory control over branches is legally circumvented by the use of these subsidiaries. Thus, pursuing the traditional central bank means of controlling credit creation through control over branch bank deposits alone produces a "blind spot" - in many developed as well as developing nations - that modern transnational banking structures can work around.
The Encyclopedia of World Problems and Human Potential is a unique, experimental research work of the Union of International Associations. It is currently published as a searchable online platform with profiles of world problems, action strategies, and human values that are interlinked in novel and innovative ways. These connections are based on a range of relationships such as broader and narrower scope, aggravation, relatedness and more. By concentrating on these links and relationships, the Encyclopedia is uniquely positioned to bring focus to the complex and expansive sphere of global issues and their interconnected nature.
The initial content for the Encyclopedia was seeded from UIA’s Yearbook of International Organizations. UIA’s decades of collected data on the enormous variety of association life provided a broad initial perspective on the myriad problems of humanity. Recognizing that international associations are generally confronting world problems and developing action strategies based on particular values, the initial content was based on the descriptions, aims, titles and profiles of international associations.
Non-profit, apolitical, independent, and non-governmental in nature, the UIA has been a pioneer in the research, monitoring and provision of information on international organizations, international associations and their global challenges since 1907.