Public Bank
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Public Bank
A public bank is a bank, a financial institution, in which a state, municipality, or public actors are the owners. It is an enterprise under government control.Banque publique : une entreprise bancaire qui dépend de l’État
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Prominent among current public banking models are the Bank of North Dakota, the in Germany, and many nations’ postal bank systems. Pub ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Taula De Canvi
The Taula de canvi ("Table of change" in Catalan), also Taula de cambi or simply Taula, was a type of municipal public bank that existed in the Crown of Aragon in the late Middle Ages and early modern period. The Taula de canvi of Barcelona, created in 1401 and still extant in diminished form in the 19th century, has been described as the first-ever central bank. Barcelona The first Taula de canvi was created following a request of the city of Barcelona's main governing body, the Consell de Cent, calling for the establishment of a public bank on 25 April 1400. It ceremonially started its operations on 20 January 1401, inside Barcelona's '. Structure and governance The Taula's charter, dated 1405 or 1412 depending on authors, is the oldest preserved public bank regulation. Its design remained essentially unchanged for 300 years until the early 18th century. The Taula was a fully-owned operation of the city with a city guarantee of its deposits, and there is no evidence that it ...
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Non-Partisan League
The Nonpartisan League (NPL) was a left-wing political party founded in 1915 in North Dakota by Arthur C. Townley, a former organizer for the Socialist Party of America. On behalf of small farmers and merchants, the Nonpartisan League advocated state control of mills, grain elevators, banks and other farm-related industries in order to reduce the power of corporate and political interests from Minneapolis and Chicago. The NPL goat served as the US League's mascot. It was known as "The Goat that Can't be Got." History By the 1910s, the growth of left-wing sympathies was on the rise in North Dakota. The Socialist Party of North Dakota had considerable success. They brought in many outside speakers, including Eugene V. Debs spoke at a large antiwar rally at Garrison in 1915. By 1912, there were 175 Socialist politicians in the state. Rugby and Hillsboro elected Socialist mayors. The party had also established a weekly newspaper, the ''Iconoclast'', in Minot. In 1914, Art ...
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Populists
Populism refers to a range of political stances that emphasize the idea of "the people" and often juxtapose this group against " the elite". It is frequently associated with anti-establishment and anti-political sentiment. The term developed in the late 19th century and has been applied to various politicians, parties and movements since that time, often as a pejorative. Within political science and other social sciences, several different definitions of populism have been employed, with some scholars proposing that the term be rejected altogether. A common framework for interpreting populism is known as the ideational approach: this defines ''populism'' as an ideology which presents "the people" as a morally good force and contrasts them against "the elite", who are portrayed as corrupt and self-serving. Populists differ in how "the people" are defined, but it can be based along class, ethnic, or national lines. Populists typically present "the elite" as comprising the pol ...
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