Speeding up international transfer of funds Creating international capital mobility
The cross-border component of all EEC/EU bank transfers currently accounts for only between one and two percent of all European bank transfers but it is argued would increase substantially if customers were offered better service and the costs were less prohibitive.
The European Savings Banks Group has a network of 34,000 cash dispensers throughout Europe, through which it handled 2.5 million cross-border transfer transactions in 1994. The European postal system launched a Eurogiro facility in 1994 to handle smaller cross-border amounts within 3 days. The Inter Bank Online System (Ibos) was established in 1990 by the Royal Bank of Scotland and Banco Santander to tackle drawbacks experienced particularly by corporate clients (delays, inefficiency and expense) with traditional cross-border banking services. In 1995 it had 4,000 outlets in Europe.
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.
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