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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.
Member States of the United Nations have, among other duties, the responsibility to suggest, discuss, draft, negotiate and adopt resolutions at the General Assembly, the Security Council as well as the Economic and Social Council of the United Nations.
While the Charter of the UN has often been regarded as the constitution of the Organization, resolutions adopted by its principal organs may be considered its laws.
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.
This course serves as an introduction to central banking and monetary policy. We, the public, accept as money (M): notes and coins (N&C) and bank deposits (BD). In other words we accept N&C and BD as the means of payments / medium of exchange.
As it is, 'negotiation' is a complex set of interactions between parties or individuals. Add to it the dimension of 'conflict', and we find ourselves on very slippery terrain. This online course is a primer on negotiating for conflict and dispute resolution. It aims at providing participants with the fundamental understanding and tools for complex negotiations under conflict situations.
The United Nations Institute for Training and Research (UNITAR) is pleased to announce the first Orientation Workshop on the 2030 Agenda and the UN Charter.
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.
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.
The value of this course is not only to provide information, skills and guidance to delegates who may be appointed or elected to chair meetings, it is also important for all delegates to understand what the chairman is doing, and why he or she is doing it. Indeed, unless delegates want the conference to fail, they should support the chairman’s efforts.