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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.
The global financial crises has brought to the fore the pertinence of corporate governance issues across industrialized, emerging and developing economies alike. Corporations play a valuable role in our communities and in nations around the world. Good Corporate Governance is a union between the financial and personal success of a corporation.
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.
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.
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.
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 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.
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.
There are many fields (e.g. education, health, postal services) where the working of market, focusing on profitability, can not serve a broader view-of public interest, and the Government (State) has to act as a problem-solver through subsidization or nationalization.