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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.
The success of Agenda 2030 will depend on fully integrated societal efforts. As the United Nations says, a successful sustainable development agenda requires partnerships between governments, the private sector, and civil society. Moreover, the strength of these partnerships is predicated upon sharing and understanding the values, principles, and vision of everyone involved.
Note: Participants who successfully complete the course will have the possibility to be invited to attend future face-to-face Training-of-Trainers workshop or to take similar online courses (subject to availability of funding from partners/donors). If selected, your course participation will be subsidized by the Arab Bank for Economic Development of Africa (BADEA).
Developing countries often presume, for a variety of reasons, that they have limited or no capacity to influence the outcome of negotiations of a loan agreement with an international lender. They often feel that international lenders generally do not subscribe to the viewpoint of borrowers or amend the clauses of the loan agreements. This is a serious misconception.
Public debt management is the process of establishing and executing a strategy for managing a governments' debt in order to raise the required amount of funding, achieve its risk and cost objectives, and to meet any other debt management goals that a government may have set, such as developing and maintaining an efficient market for government securities.
This course on the Fundamentals of Risk Management is designed to present the content and the tools of modern financial risk assessment and management. It aims at satisfying the needs for credit risk training especially in developing countries and emerging markets, some of which have experienced or have been affected by several financial crises during the last two decades.
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.
The essence of international financial governance consists of providing support to the international monetary system that is predictable and stable and that facilitates payments for international economic transactions.
Public procurement is the acquisition of goods, services, and works by a public “authority” or “body”. Transactions of this nature are public undertakings and, therefore, they are governed by Civil, Community, or International Law. Constituting one of the main expenditures of government in developing countries, the importance of public procurement cannot be denied.
With the FATF revised recommendations in 2012, requirements to combat money laundering and terrorist financing have been specifically strengthened in areas with higher risks or where implementation could be enhanced. Financial institutions and other designated sectors are required to adopt a risk-based approach to apply their resources to higher risk areas.