Money Make The World Go ‘Round: Economic and Financial Affairs Council
Money Make The World Go ‘Round: Economic and Financial Affairs Council
A Single Delegate General Assembly
About The Economic and Financial Affairs Council
Chair
Jackson Kuster
Jackson Kuster (he/him) is a junior originally from Point Pleasant, New Jersey studying accounting at the University of Miami’s Herbert Business School. Jackson has been a traveling member of the University of Miami’s Model UN team since his freshman year and is thrilled to be chairing 305MUN once again! At 305MUN II, Jackson chaired “Sustainable Skies, Unstable Ground” and is proud to introduce “Money Make The World Go ‘Round” 305MUN III’s United Nations Economic and Social Council Committee. In addition to 305MUN, Jackson has chaired multiple committees for the University of Miami’s ‘Canes Conferences, MICSUN XI, and MICSUN XII.
Outside of MUN, Jackson is extremely involved on campus being the Vice Business Manager of The Miami Hurricane Newspaper, incoming Chairman of the Cinematic Arts Commission, and as an executive board member of Get Out The Vote. During his spare time, Jackson enjoys playing “dad video games” and looking for the best fried chicken in Miami.
As the chair of Money Make The World Go ‘Round, Jackson is looking forward to seeing all of you in Miami in October! If you have any questions about the committee do not hesitate to reach out at jacksonkuster@miami.edu
Co-Chair
Trinity Vodovoz
Trinity Vodovoz (she/her) is a junior from Medford, New Jersey studying Finance and Legal Studies at the University of Miami Herbert Business School. Trinity’s journey with our Model UN team, starts as she was a freshman, not knowing anything about Model UN, but eager to learn more. Trinity has staffed numerous conferences: MICSUN XI/XII, 305MUN II, and MDMUN. Trinity also competes regularly with the UMMUN travel team.
When not engaged in Model UN, Trinity involves herself with many organizations at the University of Miami. Trinity is a Resident Assistant in the new dorm on campus, and serves on the executive board of Student Government as the Speaker Pro Tempore of the Senate. Trinity is also a brother of Delta Sigma Pi, serving as their Vice President of Alumni Relations and Faculty Events. Trinity also spends a great amount of her time tutoring, both at the center on campus and privately. Finally, Trinity is the Chair of Hurricane Productions Concerts, where she gets to plan the homecoming concert and meet many artists (Quavo, Cheat Codes, Baby Tate, etc). Trinity still finds time to enjoy what she loves: friends, family, the beach, animals, adrenaline activities, etc.
As the Co-Chair of the Money Make The World Go ‘Round: Economic and Financial Affairs Council, Trinity greatly looks forward to all participants of the committee. Should you have any questions, reach out to Trinity at trinityvodovoz@miami.edu
Topic A: Reliance on the United States Dollar for International Trade
Topic B: Providing Services to the Underbanked Populations of the World
Money on my mind! Money, money on my mind! In the modern world, our entire lives are based around money. We pay tens of thousands of dollars to attend colleges and universities for the potential to make enough money to live comfortably in the future. It is usually a given that the money we earn for our labor can be used to pay for any good or service that we need to survive and thrive. While this may be true domestically, with very few exceptions, when one travels across an international border or wants to purchase a good or service from abroad, one may find that their hard-earned currency is now useless. With most international exchange rates pegged to the United States Dollar, if the US economy falls, the entire world follows.
These economic collapses not only affect the stereotypical business owners and financial investors, but also affect those whose savings are the most vulnerable, the underbanked populace. The World Economic Forum estimates that there are upwards of 1.4 Billion underbanked people worldwide who have limited or no access to proper banking services. These communities are condemned to rely on the shadow banking system with its high interest rates and minimum consumer protections. Every year, millions across the world fall into spirals of debt due to these often legally gray institutions.
With trade wars and financial woes topping the headlines every day, it is high time for the United Nations to act. Delegates will address the global over-reliance on the US dollar in trade and explore solutions to improve financial access for underbanked populations. One can hope that the solutions brought forth by delegates will enable people to shine bright like a diamond like never before.
