The nature of moneyFrom the Latin word moneta, nickname that was given by Romans to the goddess Juno because there was a minting workshop next to her temple. Money is any item that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular region, country or socio-economic context. Its onset dates back to the origins of humanity and its physical representation has taken on very varied forms until the appearance of metal coins. The banknote, a typical representati... More has been accelerating with new forms and new money issuers. Yet, cash continues to play a prominent role in the monetary mix globally, even if its relative economic importance varies significantly from country to country.

The resilience of cash in an increasingly digital monetary landscape is arguably due to its specific and unrivalled attributes: cash is universal and equally available to all regardless of age, gender, income, nationality or ethnicity; cash increases resilience by acting as a critical exchangeThe Eurosystem comprises the European Central Bank and the national central banks of those countries that have adopted the euro. More mechanism and ‘safeSecure container for storing money and valuables, with high resistance to breaking and entering. More haven’ in times of crisis; being anonymous – and therefore private – cash protects our civil liberties; as an element of critical national infrastructure, it creates a system of checks and balances between central banks, governments, financial institutions, and the people.

Can the competition between cash and alternative forms of money be left to market forces alone? A growing number of countries are adopting policies to ensure continued access and acceptance of cash, including, in some cases, enshrining a right to cash in the constitution.

Responsibilities

Literature Review

Literature review and methodological framework. An interdisciplinary approach, with insights from

• Economics
• Sociology and anthropology of money
• Law and public policy

Research Seminar in Istanbul

The literature Review will be presented at a research Seminar in Istanbul on 6. November, during the Future of Cash Conference.

This seminar will bring together researchers from academia and central banks to discuss the issue and the implications for the organization of the cash cycle.

 Drafting of a White PaperSee Banknote paper. More

Following the research seminar, draft a white paper summarising the discussions and formulating recommendations.

These tasks should be finalized within six months.

Qualifications and Applications

Further information about the position can be obtained from contact@cashessentials.org.

Preferred education/experience

1. • PhD or Master’s Degree in economics, business, sociology or related field OR
   • 2-3 years of successful experience working at an international economic institute, think tank or similar.

Knowledge, Skills and Abilities

1. • Fluent English.
   • Superior interpersonal, public speaking and written communication skills,
   • Ability to work autonomously and take appropriate initiative,
   • Excellent organization skills, attention to detail and time management (including the ability to meet deadlines).
   • Ability to work remotely and travel as needed.

Send your application together with a detailed CV until July 31 to guillaume.lepecq@cashessentials.org. The project should start in August 2023.