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Tari Bunia Bank
The Tangbunia Bank (widely misreported as ''Tari Bunia'') is a bank run by the Turaga indigenous movement on Pentecost Island in Vanuatu. It is notable for dealing in items of customary wealth such as hand-woven mats, shells or pig tusks rather than currency such as the vatu. Accounts at the bank are reckoned in livatu, a unit equivalent to the value of one fully curved boar's tusk. The Tangbunia Bank has fourteen branches throughout the island, with its headquarters at Lavatmanggemu. The bank's manager is Chief Viraleo Boborenvanua. It was set up in accordance with the national government's support for the indigenous customary economy, in a country where a majority of the population does not participate extensively in a monetary economy. According to the British Broadcasting Corporation, the bank is similar to other banks in that it has "accounts, reserves, cheque books and tight security". The bank is named after the giant baskets in which valuables were traditionally stored. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tribal Chief
A tribal chief or chieftain is the leader of a tribal society or chiefdom. Tribe The concept of tribe is a broadly applied concept, based on tribal concepts of societies of western Afroeurasia. Tribal societies are sometimes categorized as an intermediate stage between the band society of the Paleolithic stage and civilization with centralized, super-regional government based in cities. Anthropologist Elman Service distinguishes two stages of tribal societies: simple societies organized by limited instances of social rank and prestige, and more stratified societies led by chieftains or tribal kings (chiefdoms). Stratified tribal societies led by tribal kings are thought to have flourished from the Neolithic stage into the Iron Age, albeit in competition with urban civilisations and empires beginning in the Bronze Age. In the case of tribal societies of indigenous peoples existing within larger colonial and post-colonial states, tribal chiefs may represent their tribe or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Viraleo
Chief may refer to: Title or rank Military and law enforcement * Chief master sergeant, the ninth, and highest, enlisted rank in the U.S. Air Force and U.S. Space Force * Chief of police, the head of a police department * Chief of the boat, the senior enlisted sailor on a U.S. Navy submarine * Chief petty officer, a non-commissioned officer or equivalent in many navies * Chief warrant officer, a military rank Other titles * Chief of the Name, head of a family or clan * Chief mate, or Chief officer, the highest senior officer in the deck department on a merchant vessel * Chief of staff, the leader of a complex organization * Fire chief, top rank in a fire department * Scottish clan chief, the head of a Scottish clan * Tribal chief, a leader of a tribal form of government * Chief, IRS-CI, the head and chief executive of U.S. Internal Revenue Service, Criminal Investigation Places * Chief Mountain, Montana, United States * Stawamus Chief or the Chief, a granite dome in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Avoiuli
Avoiuli (from Raga 'talk about' and 'draw' or 'paint') is a writing system used by the Turaga indigenous movement on Pentecost Island in Vanuatu. It was devised by Chief Viraleo Boborenvanua over a 14-year period, based on designs found in traditional sand drawings, and intended as a native alternative to the Latin alphabet. It is used mainly for writing in the area's native Raga language, although it can also be used for other languages including Apma, Bislama and English. Features The Avoiuli alphabet comprises characters equivalent to the letters A-Z, decimal numerals and other symbols, including a range of currency symbols representing the livatu and specific items of traditional value such as pigs and dyed mats. Like the Western orthography used to write Raga, it represents the velar nasal ''ng'' and prenasalised consonant ''ngg'' using modified forms of the letters ''n'' and ''g'' respectively, but represents the labiovelar consonants ''bw'', ''mw'' and ''vw'' using ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Broadcasting Corporation
#REDIRECT BBC Here i going to introduce about the best teacher of my life b BALAJI sir. He is the precious gift that I got befor 2yrs . How has helped and thought all the concept and made my success in the 10th board exam. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monetary Economy
Monetary economics is the branch of economics that studies the different competing theories of money: it provides a framework for analyzing money and considers its functions (such as medium of exchange, store of value and unit of account), and it considers how money can gain acceptance purely because of its convenience as a public good. The discipline has historically prefigured, and remains integrally linked to, macroeconomics. This branch also examines the effects of monetary systems, including regulation of money and associated financial institutions and international aspects. Modern analysis has attempted to provide microfoundations for the demand for money and to distinguish valid nominal and real monetary relationships for micro or macro uses, including their influence on the aggregate demand for output. Its methods include deriving and testing the implications of money as a substitute for other assets and as based on explicit frictions. History The foundational concep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Livatu
The Livatu is a unit used by the Turaga indigenous movement and the Tangbunia Bank in Vanuatu to reckon the worth of items of traditional currency such as pigs and textiles. One livatu is equivalent to one fully curved boar's tusk, a symbolic item of value in Vanuatu culture. Long dyed mats, a less valuable item of exchange, are worth up to a half a livatu. According to Chief Viraleo, manager of the Tangbunia Bank, the value of 1 livatu is fixed at 18,000 vatu (approximately ). This approximately reflects the price for which tusks sell in the markets of Port Vila. Account holders at the bank can make transfers and write cheques in livatu. Etymology The word ''livatu'' is a compound derived from Raga ''livo'' "tooth, tusk" and ''vatu'' "stone". ''Livo'' derives from Proto-Oceanic ''*lipon'', from Proto-Malayo-Polynesian and Proto-Austronesian ''*lipen'', a variant of ''*nipen''/''*ŋipen'' (compare Samoan ''nifo'' and Tagalog ''ngipin''). ''Vatu'' derives from Proto-Oceanic ''* ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vatu
The vatu ( abbreviation: VT;The Reserve Bank of Vanuatu.Current Banknotes and Coins in Circulation" Accessed 2 March 2013. ISO code: VUV) is the currency of Vanuatu. The vatu has no subdivisions. Etymology The term ''vatu'', used in all three official languages of Vanuatu, was borrowed from the word for "stone" in some indigenous languages (such as Raga ''vatu''). Ultimately, it descends from Proto-Oceanic ''*patu'', from Proto-Malayo-Polynesian and Proto-Austronesian ''*batu'' of the same meaning. Exchange rate History The vatu was introduced in 1981, one year after independence, to replace the New Hebrides franc at par. The vatu was issued as a single unit with no subdivision, with the 1 vatu coin being the smallest denomination issued, in a similar vein to the (post-1953) Japanese yen and the Tajikistani rouble (although that had an official if theoretical, subdivision). The ISO 4217 currency code for the Vanuatu vatu is VUV. Its nationally recognized symbol Vt is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kastom
''Kastom'' is a pidgin word (Bislama/Tok Pisin) used to refer to traditional culture, including religion, economics, art and magic in Melanesia. The term is the generally accepted term in anthropology to describe such phenomena as well as the common and lay term used in everyday language. The word derives from the Australian English pronunciation of 'custom' but crosses meanings that incorporate: * Convention (norm) * Custom (law) or customary law * Norm (sociology) and * Tradition It is consistent in spelling across most of the many variations in pidgin and pisin across the region. Kastom is mostly not written, only passed down through teachings and stories. It is concentrated through: * Kastom House - sites where objects and rituals are stored. * Kastom stories - myths, legends and communal histories. * ritual objects - objects of special power, significance and symbolism. The use of the word is slightly different in the different countries and cultures of Melanesia. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vanuatu
Vanuatu ( or ; ), officially the Republic of Vanuatu (french: link=no, République de Vanuatu; bi, Ripablik blong Vanuatu), is an island country located in the South Pacific Ocean. The archipelago, which is of volcanic origin, is east of northern Australia, northeast of New Caledonia, east of New Guinea, southeast of the Solomon Islands, and west of Fiji. Vanuatu was first inhabited by Melanesian people. The first Europeans to visit the islands were a Spanish expedition led by Portuguese navigator Fernandes de Queirós, who arrived on the largest island, Espíritu Santo, in 1606. Queirós claimed the archipelago for Spain, as part of the colonial Spanish East Indies, and named it . In the 1880s, France and the United Kingdom claimed parts of the archipelago, and in 1906, they agreed on a framework for jointly managing the archipelago as the New Hebrides through an Anglo-French condominium. An independence movement arose in the 1970s, and the Republic of Vanuatu was fou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pentecost Island
Pentecost Island is one of the 83 islands that make up the South Pacific nation of Vanuatu. It lies due north of capital Port Vila. Pentecost Island is known as in French and in Bislama. The island was known in its native languages by names such as ''Vanu Aroaroa'', although these names are not in common use today. Pentecost has also been referred to as ''Raga'' or ''Araga'', a tribal name that originated in the north but is now widely applied to the whole island. In old sources, it is occasionally referred to as Whitsuntide Island. Geography Pentecost is a lush, mountainous island which stretches north to south over some . It has an area of . The mountain range, of which the highest is Mount Vulmat (), marks the dividing line between the humid, rainy eastern coast and the more temperate western coast. The coastal plains, cross-cut by small torrents, are generally very green and ideally suited for plantations and livestock. The climate on Pentecost is humid tropical ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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