Since November 2020, the Global Foundation for the Performing Arts (GFPA) has established a mutually beneficial partnership with UNITAR. Last year, the two entities presented the annual conference: “The Sustainable Development of Classical Music - Securing the Future of Performance”. This year, the collaboration continues.
Digitalisation – the system of processes leading to transforming all processes through evolving digital solutions – is an inextricable part of everyday life in the office, at home, in government, and inside the mind.
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.
Prior to the Uruguay Round of multilateral trade negotiations, which were concluded in December 1993, multilateral trade negotiations were seen as a preserve of the developed countries and the developing countries have only a marginal role to play in the negotiation process; they were primarily the recipients of preferential market access and other special differential treatment.
The rapid development and use of new payment products and services, including pre-paid and store-value cards or e-cash, mobile payments, internet based payments and virtual currencies, has changed the dynamics of the 21st century financial market and services.
Despite their endowment of natural wealth, resource-rich developing countries among the poorest, low democratic and most conflict-ridden countries of the world.
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.
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.
Financial Technology has, in the last few years, made silently extremely rapid advances with the result that the services offered by new and traditional players have revolutionized the way people interact with them. FinTech brings healthy increased competition, offering a world of opportunities as well as more efficient products and services.
Gender mainstreaming has increasingly gained importance over the past three decades. Originally viewed as an issue best confined to the social and development issues, the importance of gender mainstreaming has gained momentum with the realization that all regulations and policies have different impacts on the different genders.