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This activity is supported with funding allocated from the Swedish International Development Agency’s (Sida) contribution to the UNITAR Strategic Framework Fund. UNITAR is grateful to Sida and other contributors for supporting the SFF.
In a time when contracts and loan agreements awarded by government and commercial entities are increasingly complex and involve sophisticated understanding, a firm understanding of contract administration and management and the necessary tools is vital to success. Financial markets are changing continually and new borrowing instruments are being developed.
Alternative dispute resolution (ADR) methods are becoming more common and popular as they help in generating confidence of the international investing community. If a dispute arises, international investors need not depend on the judicial system of a particular country, but and can resort to the alternative dispute resolution methods, such as arbitration.
Currently, Sustainable Development emerges as a new kind of knowledge for better understanding of the social, natural and economic processes which meets the needs of the present without compromising the ability of future generations in meeting their own needs. This concept has gained a great importance as a scientific vision in the last two decades.
The divergence of views on privacy regulation leads to a lot of complications in the international marketplace, especially when one considers that the volume of personally identifiable information that is exchanged online, a medium that knows no borders. Companies that require personally identifiable information are often left confused about what privacy laws are applicable to them.
Transparency in public finance is a constant preoccupation of modern administrations and citizenries, as the publicity of public expenditure and borrowing, the uniformisation of national accounts, citizen participation in government decisionmaking, and the introduction of various forms of control of government activity have become the rule rather than the exception in all geographies.
Almost every country in the world holds foreign currency reserves or “FX reserves”, which are assets of the central bank held in different reserve currencies, most commonly the US Dollar, used to back its liabilities. Foreign exchange reserves held by the Central Bank are a major national asset and a primary tool of monetary and exchange rate policy.