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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.
Everyone negotiates something every day. Whether it is how to handle an organizational challenge, a takeover or a dispute, successful negotiation means getting what you want without offending the other party. Negotiating is not a one-off activity or a finite set of skills. It is an on-going challenge, which benefits from continual practice, analysis and review.
New digital technologies have had, and will continue to have, a profound impact on both the practice and content matter of diplomacy. The digital ecosystem in which diplomats operate offers new opportunities, especially for smaller states, but also challenges traditional activities and organisational structures.
Despite their endowment of natural wealth, resource-rich developing countries among the poorest, low democratic and most conflict-ridden countries of the world.
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.
Public debt is in the large majority of countries one of the most important budget expenditures, and very often the largest one. Democratic government requires that public debt and its medium- and long-term effects be made transparent. This is necessary to help ensure accountability and facilitate a better-informed public debate.
The equity market is a prominent member of the capital market and encapsulates the mechanisms and conventions that exist for the issuance of, investing in, and the trading of marketable equity instruments that represent the permanent or semi-permanent capital of the issuers (companies). The equity market plays a significant role in the economy.
This course is designed for government officials, development consultants and practitioners, students of development, and those who have keen interest in governance and financial management. Nowadays, effective public financial management is considered critical in combating corruption, alleviating poverty, and ensuring the effective use of internal and external resources.
Nowadays, as a result of the globalisation process, individuals and organizations constantly need to be engaged in developing their cross-cultural competences in order to operate effectively in a multilateral setting and avoid barriers, misunderstandings and prejudices in negotiation and mediation processes.
International trade is now widely acknowledged as an important engine of growth in most developing and transition economies. The recent ministerial meetings of the World Trade Organization (WTO) have further demonstrated the importance of international trade and investment flows, with many developing economies joining hands to vigorously defend their interests in this area.