The commercial value or the price that is given in exchange for another that is obtained is called countervalue . When an operation is carried out in foreign currency, in this way, the amount expressed in the currency in which the settlement is carried out or in the local currency is called countervalue.
It can be said that the countervalue is the equivalent in its own currency of a figure that appears expressed in a different currency . For example: “The new rate will be applied to payments in dollars or to its equivalent value in the local currency” , “The international organization committed to granting the equivalent value in pesos of 5,000,000 euros” , “The equivalent value in reals must be paid before the end of the month.”
The idea of countervalue appears in various organizations. In this framework we can mention the Peru-Japan General Countervalue Fund , created on February 26, 1993 and formed by the deposits that come from the monetization of donations granted by the Japanese government to the Peruvian State in reference to the realization of the Non Project and Second Kennedy Round programs.
The Peru-Japan General Contravalor Fund carries out the administration of its resources independently of the programs just mentioned, and uses them to finance projects of great relevance in the fight against poverty. Precisely, it focuses on motivating the population to set new goals in life within a framework of equal opportunities.
It is part of this organization's vision to address poverty. To achieve this very difficult objective, the governments of Japan and Peru intend to teach those most in need to help themselves, providing them with a series of resources that they can take advantage of to promote their own social and economic development.
With respect to the legal nature of the Peru-Japan General Countervalue Fund, we must point out that it is an intergovernmental body of bilateral cooperation that has autonomy and has its own assets. For its regulation, it has its Institutional Regulations and legal status in Peru to carry out its functions.
The concept of countervalue, on the other hand, is used in the field of ethics to refer to those attitudes or behaviors that oppose socially accepted and appreciated values . Countervalues, in this way, prevent the harmonious development of the individual and affect the community as a whole.
Individualism , to cite one case, is a countervalue that is opposed to solidarity . If the person guides his behavior by this countervalue, he will always think of himself, without empathy and without caring about the pain of others. On the other hand, a supportive individual will try, in addition to satisfying his own needs, to collaborate with whoever needs his help.
Depending on the point of view, it is possible to say that currently countervalues are more abundant than values. It is believed that in a rational society, people should lead a life supported by a series of principles of freedom, ethics and morality, three issues that seem increasingly less common, although this may simply be due to the noise caused by the media.
In an ideal society , we should all be equal before the law, that is, have the same obligations and the same rights, as well as enjoy the same degree of recognition for our efforts. When we look on the other side of the mirror, these values become countervalues such as dictatorships, violence, exploitation and abuse of power . While values open the doors to order and the strengthening of communities, countervalues lead to the collapse of democracy and the lack of dialogue between different classes.