Public goods and Rule 2a-7: Difference between pages

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''Economics''.
''Cash and liquidity management - money market funds - risk management - regulation.''


Examples of 'pure' public goods include flood control, street lighting, policing and national defence.
Abbreviation for Rule 2a-7 of the US Investment Companies Act of 1940 which specifically defines investment restrictions for money market funds.


The definition of public goods includes non-rivalry and non-excludability.
 
== See also ==
* [[Accumulating net asset value]]
* [[Constant net asset value]]  (CNAV)
* [[Liquidity fee]]
* [[Liquidity fund]]
* [[LVNAV]]
* [[Money market fund]]
* [[Money market fund reform: a light at the end of the tunnel?]]
* [[Money Market Funds Regulation]]
* [[Redemption gate]]
* [[Regulation]]
* [[Reverse distribution mechanism]]
* [[Risk management]]
* [[Rule 144A]]
* [[Variable net asset value]]  (VNAV)
* [[Weighted Average Life]]
* [[Weighted average maturity]]




Non-rivalry means that when a public good is enjoyed, it doesn’t reduce the amount available for other people.
==Other links==


Non-excludability means that it is not possible both to provide such a good and prevent others enjoying it. For this reason, public goods are more likely to be efficiently provided by the public sector, rather than by the private sector.
* [https://www.treasurers.org/hub/treasurer-magazine/how-money-market-funds-are-passing-the-crisis-test How money market funds are passing the crisis test, The Treasurer, June/July 2020]


*[http://www.treasurers.org/ACTmedia/Fitch%20Question%20Responses%20MMFs.pdf MMF reform: how will it affect treasurers? Fitch-ACT]


== See also ==
*[http://www.treasurers.org/node/9362 Lesson from America, The Treasurer, September 2013]
* [[Antitrust law]]
 
* [[Cartel]]
*[http://www.treasurers.org/node/8266 Credit matters, The Treasurer, October 2012]
* [[Competition & Markets Authority]]
 
* [[Economies of scale]]
*[http://www.treasurers.org/node/8103 Understanding MMF investments, The Treasurer, September 2012]
* [[Monopolistic competition]]
* [[Monopoly]]
* [[Natural monopoly]]
* [[Oligopoly]]
* [[Perfect competition]]
* [[Private sector]]
* [[Public sector]]
* [[Regulation]]
* [[Trust]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Revision as of 09:42, 16 February 2022