In an increasingly interconnected, globalized and complex world, where the importance of multilateral dialogue and cooperation is ever growing, the demand for training and capacity development in the field of international affairs and diplomacy is constantly rising.

In an increasingly interconnected, globalized and complex world, where the importance of multilateral dialogue and cooperation is ever growing, the demand for training and capacity development in the field of international affairs and diplomacy is constantly rising.

In an increasingly interconnected, globalized and complex world, where the importance of multilateral dialogue and cooperation is ever growing, the demand for training and capacity development in the field of international affairs and diplomacy is constantly rising.

Culture is a powerful factor in shaping how people think, communicate and behave. It therefore affects how they negotiate. Taking participants from the simple to the complex, this compact and practical course will look at the cultural dimension of negotiation.

This course serves as an introduction to money creation. One of the great mysteries and elegant features of the financial system in general, and of the banking sector in particular, is the creation of new money. The largest component of the money stock, bank deposits, is literally created by accounting entries.

The economies of different countries are organised in different combinations of what economic literature classifies as traditional economic systems, command systems and free market systems.

In the context of developing bilateral contractual relations, negotiation has taken a prominent place as a decision-making and regulation process. Also, the challenge of renewed multilateralism is closely linked to the ability of the international community to foster truly productive negotiation processes in a rapidly evolving global context.

The recent liquidity crises has placed a spot light and greater scrutiny on short-term inter-bank lending operations, which to a large extent involve money market operations. The debt market, made up of the money market and the bond market, is an important element of the financial system.

The United Nations and its related bodies, agencies and programmes convene thousands of formal and informal, official and unofficial, meetings and conferences each year. The Secretary-General meets with Heads of States and Governments and Ministers on an on-going basis either at Headquarters or during his travels.

The Course strives to promote knowledge and understanding of Financial Globalization which is understood as the integration of a country’s financial system with international financial markets and institutions.