ABSTRACT

Humans have always produced goods and services of many kinds so as to satisfy a number of necessities and desires. Men and women are driven, by need as well as by intellectual curiosity and natural predisposition, to carry out specific productive activities. World economies, though differing one from the others, all share a common trait: they all depend on the interaction between workers, firms, and banks. All workers, from entrepreneurs to laborers, from teachers to bellhops, provide their services according to their skills. History shows that the production and the circulation of goods and services are always made possible by the use of money. Money, as the medium to carry out economic transactions, is fundamental to the survival of economic activities. Important financial regulations have been adopted globally as a reaction to the Global Financial Crisis.