public finance and trade programme

Public Financeand Trade

ProgrammeTraining Catalogue

The Public Finance and Trade Programme (PFTP) at the United Nations Institute for Training and Research (UNITAR) offers online executive training covering important current issues across key areas of public financial management, international trade and intellectual property. Since 2003, over 12,000 professionals from more than 140 countries have benefitted from our e-Learning courses and other training services.

www.unitar.org/pft

Knowledge to lead

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I. About the Programme . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4

II. What we do . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 • ThematicFocusAreas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 • ProgrammeBeneficiaries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 • InternationalExpertsandCourseInstructors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 • StrategicPartnerships . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

III. Training Activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 • High-levelConferencesandFora . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 • Face-to-FaceSeminarsandWorkshops . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 • CommunitiesofPractice(On-lineNetworkingandGroupWork) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 • e-LearningCourses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 • Typesofonlinecourses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 • Methodology . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 • Flagshipe-LearningProjects . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

IV. E-Learning Course Themes and Titles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14

V. Scheduled Courses (e-Learning) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14 • CapitalMarketDevelopmentandRegulation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 • FundamentalsofCapitalMarketDevelopmentandRegulation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 • CapitalMarketDevelopmentandRegulation(AdvancedCourse) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

• FinancialGovernance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 • FundamentalsofAnti-MoneyLaundering:InternationalStandardsandComplianceIssues . . . . . . . . . . . . . . . . . . . . . . 15 • FundamentalsofCorporateGovernance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 • GovernanceofExtractiveIndustries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

• FinancialNegotiation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 • Cross-CulturalNegotiation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 • InternationalNegotiations:PracticalSkillsandTechniques . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

• MicrofinanceandProcurement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 • FundamentalsofMicrofinance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 • AdvancedPublicProcurement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 • IntroductiontoPublicProcurement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

• FinancialRiskManagement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 • AdvancedRiskManagement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 • FundamentalsofRiskManagement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

• PublicFinancialManagement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 • EthicsinPublicFinance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

VI. On-Demand Courses (e-Learning). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 • ArbitrationandAlternativeDisputeResolution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 • ArbitrationandAlternativeDisputeResolution(IntroductoryCourse) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 • ArbitrationandAlternativeDisputeResolution(FoundationCourse) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 • IntroductiontoInvestmentArbitration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

• DebtManagementandPovertyReduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 • AuditofPublicDebt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 • BasiccourseonPublicDebtManagement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 • DebtReschedulingwithTheParisClub . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 • EffectivePublicDebtManagement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

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Public Finance and Trade Programme

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Knowledge to lead

• LegalAspectsofPublicDebtManagement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 • MillenniumDevelopmentGoalsandDebtManagement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 • Statistics,KnowledgeandPolicy:UnderstandingSocietalChange . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 • UnderstandingInternationalContractsandLoanagreements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

• FinancialGovernance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 • CombatingCorruptioninPublicFinancialManagement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 • CombatingMoneyLaundering . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 • FinancialGlobalisation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 • GlobalFinancialGovernance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 • GovernanceofPublicFinance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 • InstitutionsandtheQualityofPublicPolicies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 • InternationalPlayersinPublicFinanceandDebtManagement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 • ManagingPublicFinance:InternalandExternalControls . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 • PublicFundsandtheirAuditing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27

• FinancialNegotiation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 • DraftingandNegotiatingClausesofLoanAgreements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 • NegotiatingforConflictandDisputeResolution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 • NegotiationofFinancialTransactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28

• PublicFinancialManagement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 • FundamentalsofBanking . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 • FundamentalsofCentralBankingandMonetaryPolicy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 • FundamentalsofLife-CycleandInvestments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 • FundamentalsofMoneyCreation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 • FundamentalsoftheBondMarket . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 • FundamentalsoftheDerivativeMarkets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 • FundamentalsoftheEquityMarket . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 • FundamentalsoftheFinancialSystem . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 • FundamentalsoftheForeignExchangeMarket . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 • FundamentalsoftheMoneyMarket . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 • EconomicsofthePublicSector . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 • LeadershipSkillsforFinanceManagers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 • PrinciplesofCentralBankReserveManagement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33

• TradeandIntellectualProperty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 • Agriculture,BiotechnologyandIntellectualProperty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 • CustomsandEnterprises:AllianceBetweenPublicandPrivateSectorsforFacilitatingandAssuringGlobalTrade . . . . . 34 • FoodSecurity:CanTradeandInvestmentImproveit? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 • FundamentalsofBusinessFinance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 • IntellectualPropertyandCulturalIndustries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 • IntroductiontoInternationalIntellectualPropertyLaw . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 • IntroductiontoPrivacyandDataCollection . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 • ManagedMobility:Trade,MigrationandLabourMovement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 • MultilateralTradeNegotiations:TipsandTechniques . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 • PreparingandConductingServicesNegotiations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 • TheSettlementofDisputesundertheWorldTradeOrganization(WTO) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 • TradeandClimateChange . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 • TradeFinanceInfrastructureDevelopment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38

VII. Training Calendar, Fees, Certificates and Registration Process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39

VIII. Contact Us . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40

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Theprogrammespecialisesincapacitydevelopmentandnetworkingbetweenandamongstseniorandmiddlelevelofficialsfromdevelopingcountries,includingleastdevelopedcountries,andeconomiesintransition.

Whiletraditionalface-to-facetrainingandnetworkingactivitiescontinue,since2003,ithasprogressivelyintroducednewInformationandCommunicationsTechnology(ICT)-basedtrainingtoofferaffordableandhigh-qualitycoursestoawideraudience.Tofurtherexpanditsoutreachandenhanceeffectiveness,ithasestablishedstrategicpartnershipswithseveralinternationalinstitutions,includingotherUNAgencies,workinginrelevantthematicareas.

TheprogrammetracesitsrootsbacktotheTrainingProgrammeintheLegalAspectsofDebtandFinancialManagement,whichcommencedafterahighlevelexpertmeetingheldin1987inGeneva,Switzerland.Today,ithasestablishedaglobalreachandreputationforexpertiseindeliveringqualityexecutivetraininginacosteffectivemanner.

I.Aboutthe Programme

ThePublicFinanceandTradeProgramme(PFTP)oftheUnitedNationsInstituteforTrainingandResearch(UNITAR)hasmorethantwodecadesofexperienceindevelopinganddeliveringexecutivetrainingdesignedtoprovideacompetitiveadvantagetofinanceandtradeprofessionalsintoday’sglobaleconomy.

“Today,thePublicFinanceandTradeProgrammehasestablishedaglobalreachandreputationforexpertiseindeliveringqualityexecutivetraininginacosteffectivemanner.”

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II.What we doAwide-rangeoftrainingandcapacitydevelopmentactivitiesaredevelopedanddeliveredusingvariousdeliverymodalities,including:

• High-levelConferencesandFora;• Face-to-FaceSeminarsandWorkshops;• E-LearningCourses;and• CommunitiesofPractice(On-lineNetworkingand

GroupWork).

Eachtrainingactivityistailor-madetothelearningneedsofthebeneficiariesanddeploysthemostappropriatemethodologytoensureoptimaldeliveryofdesiredresultsandobjectives.

Thematic FocusAreasTheprogrammespecializes,andbuildsuponitsexpertiseandresources,todeliveronthefollowingthreethematicfocusareas.

1. Public Financial ManagementPublicFinancetrainingactivitiesstrivetoactivelypromoteknowledgeandunderstandingoffinancialgovernance,povertyreduction,debtmanagementandprudentfinancialmanagementamongpublicofficialsandfinancialpractitioners.SpecificfocusisplacedonaddressingchallengesrelatingtotheachievementoftheMillenniumDevelopmentGoals(MDGs)aswellasmeetingMemberStates’respectiveprioritiesinrelationtoFinancingforDevelopment.

2. International TradeThroughskillsbuildingandfacilitationofthecross-regionalnetworkingofofficialsandprofessionalsinchargeoftrade-relatedissues,theprogramme’strainingactivitiescontributetowardsbridgingtheknowledgegapandredressingsomeoftheasymmetriesbetweendevelopedanddevelopingcountriesintherolethattheyplayinthemultilateraltradingsystem.

3. Intellectual PropertyInternationaldebatesonintellectualproperty(IP)areincreasinglyfocusedontheneedtointegratea

•GovernmentandMinistryofficials;• CentralBankstaff;• Financeandtradeofficials;• Staffoffinancialregulatoryandtradebodies;• Academics;• Legalprofessionalsfromthepublicandprivatesectors;and•NGOandcivilsocietyrepresentatives

High-levelConferencesandFora

Face-to-FaceSeminarsandwork-shops

e-LearningCoursesandBlendedTraining

CommunitiesofPractice(On-lineNetworkingandGroupWork)

PublicFinancialManagement

InternationalTrade

IntellectualProperty


Thematic Focus

Activities andMethodology

Beneficiaries

Figure 1:Illustrationonhowtrainingactivitiesaredeliveredforthebenefitofglobalparticipants.

“developmentdimension”intoIPpolicymaking.Inthisregard,anongoingprocessistheimplementationofthe“WIPODevelopmentAgenda”.ByprovidingflexibletrainingandnetworkingopportunitiesthroughnewICT-basedmethodologiessuchase-Learning,theprogrammesupportscountriesineffectivelyusingIPpolicytoachievesustainabledevelopmentgoals.

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Programme Beneficiaries

Theprogrammedrawsonmanyyearsofexperienceinstrengtheningtheknowledgeandskillsofmiddle-andsenior-levelofficialsfromaroundtheworld.Theprimarybeneficiariesinclude:

• GovernmentandMinistryofficials;• CentralBankstaff;• Financeandtradeofficials;• Staffoffinancialregulatoryandtradebodies;• Academics;• Legalprofessionalsfromthepublicandprivatesectors;

and• NGOandcivilsocietyrepresentatives.

Since2003,over270trainingeventshavebeendevelopedanddeliveredwhichbenefitedmorethan12,000financeandtradeofficialsfromover140countriesaroundthe

world.Theaveragecompletionrateis87%,witharound40%ofbeneficiariesbeingfemale.In2011,basedonsurveysconductedaftereverytrainingevent,theoverallsatisfactionrateofparticipantswas92%.

International Expertsand CourseInstructorsTheprogrammedrawsheavilyonitsactivenetworkofrenownedinternationalexpertsandpractitionerswhohaveawealthofpracticalexperience.Thisensuresthatreal-worldexamples,whichfacilitateexperientiallearning,areintegratedintothecoursework.Theseexpertsnotonlyprovidethebasiccontentanddocumentation,butalsoworkcloselywithUNITARtostrengthenthepedagogicalandpracticalaspectsofthetraining.Participantshavefullaccesstotheseexperts–face-to-face,viaemailoronlinediscussionfacility–dependingonthedeliverymethod.

Figure 2: Distribution of beneficiaries around the world.

Africa 50%

International Organisations11%

Asiaand thePacific11%

LatinAmerica andtheCaribbean16%

North America3%

Europe 8%

MiddleEast1%

Distribution of beneficiariesaroundtheworld


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Distribution of beneficiariesaroundtheworldStrategic Partnerships

DuringthepastfewyearstheprogrammehasbeenbuildingsynergiesandstrengtheningstrategicpartnershipswithotherUNorganizationstoDeliverasOnebysharingitscapacitiesonresearchintolearningmethodologiesandapproaches.Thesepartnershipsalsoextendtoothersectorssuchasinternationalandregionalorganizations,academicandprivateorganizations,government,andthink-tankgroups.Suchcollaborationallowsforthecustomizationoftrainingtoolstofitpartners’needs,allowingforincreasedeffectiveness,greateraccessibility,andareducedcostperparticipant,whilestillmaintainingahighqualitytraining.

International Organizations:• INTOSAIDevelopmentInitiative(IDI)–Oslo,Norway• OrganisationforEconomicCo-operationandDevelopment(OECD)

–Paris,France• OrganizationinternationaledelaFrancophonie(OIF)–Paris,France• UNEP-UNCTADCapacityBuildingTaskForceonTrade,Environmentand

Development(CBTF)–Geneva,Switzerland• UnitedNationsDevelopmentProgramme(UNDP)–Geneva,Switzerland• UnitedNationsDevelopmentProgramme–RegionalBureauforAfrica

(UNDPRBA)–NewYork,USA• UnitedNationsEnvironmentProgramme–FinanceInitiative(UNEPFI)

–Geneva,Switzerland• UnitedNationsEconomicandSocialCommissionforAsiaandthePacific

(UN-ESCAP)–Bangkok,Thailand• UnitedNationsOfficefortheCoordinationofHumanitarianAffairs

(UN-OCHA)–Geneva,Switzerland

Regional Organizations:• MacroeconomicandFinancialManagementInstituteofEasternand

SouthernAfrica(MEFMI)–Harare,Zimbabwe• PôleRegionaldeFormationenGestiondelaDetteenAfriqueduCentreet

del’Ouest(Pôle-Dette)–Yaoundé,Cameroon• TradePolicyTrainingCentreinAfrica(TRAPCA)–Arusha,Tanzania• WestAfricanInstituteforFinancialandEconomicManagement(WAIFEM)–

Lagos,Nigeria

Private Sector:• AgencepourlaCoopérationetleDéveloppementGroupeBanque

Populaire(ABPCD)-Paris,France• LALIVELawyers–Geneva,Switzerland

Academic Institutions:• EscuelaSuperiordeEconomíayAdministracióndeEmpresas(ESEADE)-

BuenosAires,Argentina• GraduateInstituteofInternationalandDevelopmentStudies–Geneva,

Switzerland• InstitutodeEstudiosdelasFinanzasPúblicasArgentinas(IEFPA)–Buenos

Aires,Argentina• InstitutodeFormaciónContinuadelaUniversitatdeBarcelona(IL3-UB)-

Barcelona,Spain• UniversidadAustral–BuenosAires,Argentina• WorldTradeInstitute(WTI)–Bern,Switzerland

Governments and Think-Tanks:• SpanishMinistryofForeignAffairsandCooperation(MAEC)–Madrid,Spain• SouthCentre–Geneva,Switzerland

Empowered lives. Resilient nations.

UNEP-UNCTAD Capacity Building Task Force on Trade,Environment and Development (CBTF)

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High-level ConferencesandFora

High-levelconferencesandForaaimtoprovideaplatformforpolicymakers,businessleadersandsenioracademicsfromaroundtheworldtonetworkandexploreinnovativeapproacheswithwhichtoaddressthemostpressingissuesfacingdevelopingandemergingcountries.Italsoprovidesamechanismwithwhichtochannelinnovativethinkingintopolicymakingatthenational,regionalandinternationallevel. Plenarysessionsarecombinedwithhighlyinteractivethematicsessions.Delegateshavenumerousopportunitiestoengageindialogueanddiscussionwithauthoritativespeakersandwiththeirpeers.

III.Training Activities

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IN FOCUS:ConferenceonEmergingPartnersandAfrica:KeyTradeandInvestmentIssues13-14December2011(Dakar,Senegal)

TheinternationalconferenceorganizedjointlybyUnitedNationsDevelopmentProgramme-RegionalBureauforAfrica(UNDPRBA)andUnitedNationsInstituteforTrainingandResearch(UNITAR)inDakaron13and14December2011broughttogether175delegatesfromaround30countriesandinstitutions.ThisconferencecontributedtoadeeperunderstandingofthechallengesunderlyingtheintegrationofAfricaintotheglobaleconomy,aswellasrelatedpolicyimplications,includingthestrategiesforstrengtheningSouth-Southpartnerships.

Theconferencedelegatesaffirmedstrongleadershipanddemocraticgovernance,reconstructionofinfrastructure,restructuringofproductivesectorsandimprovementoftradeandinvestmentpoliciesaswellaseconomicandsocialreforms,asbeingkeytopromotingasuccessfulintegrationofAfricaintotheworldeconomyandthepromotionofinclusivegrowthpatternsonthecontinent.


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Face-to-Face SeminarsandWorkshopsSeminarsandworkshopsbringtogether,inaninformalsetting,expertsandpractitionerswitharangeofperspectivesandexpertisetobrainstorm,raiseawareness,andplanpossibleactionsonimportantsocialandeconomicdevelopmentchallenges.Sessionsareinteractiveinnature,combiningshortpresentations,discussiongroups,practicalexercises,casestudiesonreallifescenariosfacingparticipants,andsimulations.

IN FOCUS:WorkshopforAfricannegotiatorsandofficials(Geneva,Switzerland)

TheUnitedNationsDevelopmentProgramme-RegionalBureauforAfrica(UNDPRBA)andUnitedNationsInstituteforTrainingandResearch(UNITAR)conductedaseriesofworkshopsforthebenefitofdiplomats,officialsandprofessionalsfromSub-SaharanAfricancountries.TheparticipantsdirectlybenefittedfromthetrainingandnetworkingactivitieswhichincorporatedUNITAR’sinnovativemethodologiesandlong-standingexperienceinknowledgetransferandexecutivetraining.Theworkshops(conductedinEnglishandFrench)notonlycontributedtowardsthegoalofachievingsustainablegrowthandattainingtheUNMillenniumDevelopmentGoals(MDGs)intheAfricanregion,butalsoprovideapracticalexampleofmakinguseofexistingsynergieswithintheUNsystemwithaviewto“DeliverasOne”.

Theworkshopthemeswere:

• UNDP/UNITARSkills-buildingworkshopon“RegionalIntegration:KeyNegotiationChallengesMovingForward”,Geneva,12-13October2011-inEnglish

• UNDP/UNITARSkills-buildingworkshopon«NégociationsFinancièresMultilatérales:Défispourl’Afrique»,Geneva,20-21October2011-inFrench

• UNDP/UNITARSkills-buildingworkshopon«L’intégrationRégionale:Lesprincipauxdéfisdanslanégociationdel’investissement–perspectivespourl’AfriqueCentraleetl’Afriquedel’Ouest»

Geneva,26-27October2011-inFrench• UNDP/UNITARSkills-BuildingWorkshopon“Multilateral

FinancialNegotiations:KeyChallengesforAfrica”,Geneva,8-9November2011-inEnglish

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Communities ofPractice(On-lineNetworkingandGroupWork)CommunitiesofPracticeprovideavirtualspaceforpractitionersandsubjectmatterexpertstomeettogetherandengageinaprocessofcollectivelearningbysharingcommonconcernsandchallenges;exchangingideas,goodpractices,experiences,andresources;andlearning,innovatinganddiscussingpossiblesolutionsandmethodologies.

IN FOCUS:CommunityofPracticeforFinanceOfficials

TheprogrammeisintheprocessofdevelopingacommunityofpracticeforFinanceofficialsfromFrench-speakingcountries.Theproject-incollaborationwithourpartners–aimstoensurethatthenetworkingandsharingofgoodpracticesremainsactive,evenafteratrainingeventhastakenplace.Itwillalsoserveasaplatformthroughwhichtocontinuetoengagetheparticipantsandtoevaluatetheimpactandutilityofthecapacitydevelopmentactivitiesandtoolsthatweremadeavailable.

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Knowledge to lead

e-Learning Courses

Toensureoutreachandbetterserveitsbeneficiaries,thePublicFinanceandTradeProgramme(PFTP)offersanextensivecatalogueofe-Learningcoursescoveringawiderangeofemergingtopicsinthefieldsofpublicfinance,tradeandintellectualproperty.Throughitsonlinecourses,PFTPprovidescontextualandpracticallearningandattemptstocreatecollaborativeenvironmentfacilitatingexperiencesharingamongparticipants.

PFTPconstantlystrengthensitsexpertiseoninstructionaldesigntoolsandtechniques,benefitingfromtheworkofUNITAR’sKnowledgeSystemsInnovationsectionanditsresearchoninnovativelearningapproaches,methods,andtools.Additionally,toensurethequalityofitscourses,theprogrammeiscurrentlyaligningthemwiththeOpenECBCheckqualitystandardsframework.

WorkinginclosecollaborationwithUNITAR’sMonitoringandEvaluationsection,theprogrammeensureseffectivenessindeliveringmeasurableresults,systematicallyevaluatingthelearningoutcomesinallcoursesdelivered.

Types of online courses offered by Public Finance and Trade Programme:

Theprogrammedeliversthreetypesoflearner-centredonlinecoursesinordertooptimizeparticipationandnetworkingopportunitiesforparticipants.

Scheduled Courses: Thesecoursesareannouncedwithfixedstartandenddatesandareconductedasscheduled.Coursesunderthiscategoryarehighlyin-demandandusuallyhaveaverylimitedregistrationperiod.

On-Demand Courses: Thesecourseshaveatentativestartandenddateandmayberescheduleddependingonthenumberofparticipantsenrolledinthecourse.Theonlinecoursediscussionsandsharingofexperiencesandgoodpracticeswithparticipantsfromotherregionsoftheworldareinvaluablepartoflearningandcanonlybeexploitedifacourseiswellrepresented.

Blended Courses: Theprogrammealsocombinesface-to-faceandonlineinstructionalapproachestodeliverintegratedcapacitydevelopmentactivities.Blendedtrainingharnessestheadvantagesofbothface-to-faceandonlineinstructionbyallowingparticipantstheflexibilitytoaccessdigitalcontentandengageinmoreadvancedinteractiveexperiencesduringtheface-to-facesessions.

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Methodology

Allcoursestakeintoaccountdifferentlearningstylesandtheinstructionaldesignfollowsadultlearningprinciples.Inparticular,modularcontents,non-linearpathsandasynchronousformatsallowahighlevelofflexibilitytolearners.Eachcoursepresentsavarietyoflearningresourcesdistributedbetweencorecontent,assignments,assessments,collaborativeactivities,andmentoring.Ingeneral,coursesfavourexperientiallearning,incorporatingactivitiessuchas:

•Scenario-basedlearning,•Roleplay,•Simulationsandcasestudies,•Groupworkandonlinediscussions,•Onlinementoring,and•Documentexchange.

The courses provideparticipantswithathree-levelinteraction:

Level1:Interactionwiththetrainingcontentfortheassimilationofcorematerials.

Level2:Interactionwithfellowparticipantstoshareexperiencesandlearninacontextualmanner.Level3:Interactionwithmentorsandinternationalexpertswhomoderatethecoursethroughoutitsduration.

Figure 3: Threelevelsofparticipant’sinteraction


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Knowledge to lead

Empowered lives. Resilient nations.

Flagship e-LearningProjects

UNITAR’scommitmenttobeingaCenterofExcellence,alongwithitsdecades-longexperienceindeliveringhighqualitytrainingandresearch,hasbeeninstrumentalinfosteringtheincreasingdemandfortheprogramme’strainingandpartnershipsfromvarioussectorsthroughouttheworld.Featuredbelowaresomeexamplesofe-Learningpartnerships.

United Nations Development Programme – Regional Bureau for Africa (UNDP RBA) – New York, USAUndertheongoingjointUNDP-UNITARinitiativetobolsterAfricanparticipationinmultilateralnegotiationsovermajorissuesinsocialandeconomicdevelopment,UNITARandUNDPconductedaseriesoftrainingandnetworkingactivitieson(a)RegionalTradeandIntegrationand(b)MillenniumDevelopmentGoalsandFinancingforDevelopment.Over1,100Africannegotiatorsandofficialsparticipatedintheseactivities.Inadditiontotraditionalface-to-facetraining,jointUNDPRBA–UNITARactivitiesin2012willmakegreateruseofinnovativeICT-basedtrainingforwiderdisseminationandcross-regionalnetworkingofparticipants.

Agence pour la Coopération et le Développement Groupe Banque Populaire (ABPCD) - Paris, FranceIn2011,ABPCD-BanquePopulaireandUNITARdevelopedandconductedanewjointonlinecourseaddressingthegrowingchallengeofmoneylaunderingandthefinancingofterrorism.Thecoursewasdevelopedspecificallytorespondtothetrainingneedsofseniorandmiddlelevelfinance-sectorprofessionals,withaspecialemphasisonprivateandpublicsectorbanksaswellasregulatorybodies.AnewjointcourseontheDevelopmentandRegulationofCapitalMarketswillbeofferedin2012intheFrenchlanguage.

Organisation internationale de la Francophonie (OIF) – Paris, FranceSince2007,UNITARandOIFhavebeendevelopinganddeliveringinstructor-ledonlinecoursesforrepresentativesofgovernmentinstitutions,theprivatesector,andcivilsocietyorganizationsfromFrench-speakingcountriesoftheSouth.Thecoursesmainlyaddressissuesrelatingtoeconomicdevelopment.In2012activitieswillfocusonthenetworkingofexpertsanddevelopingandsharinggoodpractices,inadditiontoskills-building.

Instituto de Estudios de las Finanzas Publicas Argentinas (IEFPA) –Buenos Aires, Argentina IEFPAandUNITARcollaboratetooffergreaterlearningandnetworkingopportunitiestoSpanish-speakingofficialsandprofessionalsthroughtheinternet,nomatterwheretheyarelocated.Thecoursesaddressprioritythemesintheareasofpolicy,financialgovernance,tradeandintellectualproperty,andareaimedatgovernmentofficials,privatesectorrepresentatives,civilsocietyandacademics.UndertheIEFPA-UNITARFellowshipprogramme,35seniorandmiddlelevelprovincialofficialsparticipatedinvariouscoursesduring2011.

World Trade Institute (University of Bern) – Bern, SwitzerlandUNITAR,inpartnershipwiththeWorldTradeInstitute,offerse-Learningcoursesinthefieldofinternationaltradepolicyandregulation.Thesefourtosixweeklongcoursesaredesignedspecificallyforofficialsandprofessionalswishingtodeepentheirknowledgeandunderstandingofinternationaltrade.Thecoursesdistinguishthemselvesthroughauniqueapproachlinkingeconomicandlegalperspectives,andbyaddressingsuchthemesasTradeandClimate,ManagementofLabourMigration,andFoodSecurity.

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IV.E-LearningCourseThemes and TitlesTheProgramme’sonlinecoursesaregroupedintotwobroadcategories:ScheduledandOn-DemandCourses.Undereachgroup,thecoursesarefurtherclassifiedby

thematicclusters.Toviewthelatestcoursecalendarandtoregisteronline,pleasevisit:www.unitar.org/pft/

V . Scheduled Courses(ScheduledCourseshaveafixedstartandenddateandwillbeconductedregardlessofthenumberofparticipants.AllScheduledCoursesareinstructor-moderated)

Capital Market DevelopmentandRegulation

FUNDAMENTALS OF CAPITAL MARKET DEVELOPMENT AND REGULATION

Duration:6weeks| Fees:US$800| Language:English,French*| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration:www.unitar.org/pft/events

*EnglishandFrenchversionsareconductedseparately.FrenchversionisconductedinpartnershipwithAgencepourlaCoopérationetleDéveloppementGroupeBanquePopulaire(ABPCD)

Background: Today’sfinancialmarketsarehighlyinstitutionalisedandglobalised(nottomentioninter-connected),andthecarefulandprogressivedevelopmentandregulationofcapitalmarketsbydevelopingcountriesandemergingeconomiesprovidesamajorimpetustosustainingtheirdevelopmenteffortsandeconomicgrowth.Thisfoundationcourseoncapitalmarketdevelopmentandregulationprovidesaholisticoverviewoftheinstitutionsandchallengesfacingdevelopingandemergingeconomiesinrelationtotheirfinancialsectordevelopment.Thiscoursewilldiscussthemajorbuildingblocksofaneffectivecapitalmarketandthepolicyenvironmentneededtohelpinitsdevelopment.Moreimportantly,thiscoursedrawsonlessonsfromtheglobaleconomicandfinancialcrisisandleveragesthediscussionboardsoastoprovidepracticalhands-onadvicetoparticipantsrelatingtotheirparticularreality.Thecoursewillalsoincludeissuesrelatedtothegrowinginteractionofemergingmarketswithdevelopedcapitalmarkets.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Definecapitalmarketsandunderstandthepertinenceofregulationmeasurestherein;(b)Differentiatetheroleofgovernmentfromthatoftheprivatesectorinthedevelopmentandregulationofcapitalmarkets;(c)Categorisefinancialinstrumentsinthecapitalmarket;(d)Formulateandregulatemeasurestosustaintheircountry’sdevelopmenteffortsandeconomicgrowth;and(e)Developandproposeaplanthatwillsupportthepublicandprivatesectorsaspartnersinfacilitatingtheflowofcapitalandinvestmentsthatwillstimulatebusinessgrowthandoveralleconomicdevelopment.

Topics Covered: Thecourseisdividedintofivemodules,coveringthefollowingtopics:(a)IntroductiontoCapitalMarketTheoryandDevelopment;(b)FinancialInstrumentsintheCapitalMarket;(c)CreatingtheOpportunityforPublicOfferings;(d)PublicOfferingsfromtheIssuersPerspective;and(e)TheSecondaryMarket.

CAPITAL MARKET DEVELOPMENT AND REGULATION – ADVANCED COURSE

Duration:6weeks| Fees:US$800| Language:English| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration:www.unitar.org/pft/events

Background:ThisadvancedcoursebuildsonthebasiccourseonCapitalMarketDevelopment&Regulationandwillprovidepracticalinsightsintotheentirespectrumofactivitiesthatrelatetothebuyingandsellingoffinancialinstruments.Itisdesignedtoprovideparticipantswithworkingknowledgeoftheimportanceofcapitalmarketstodomesticeconomicgrowthandtheroleandresponsibilitiesofgovernmentandothersectorsinfosteringsuchdevelopment.Thecoursefocusesonwhatcanbedonetoimprovemarketgrowth,ratherthanmerelydiscussingwhy


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thereareproblemsinthisarea.Thiscourseisaimedatgovernmentofficials,financialregulatorybodies,academics,andprivatesectoractors.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Discussthechallengesfacingcapitalmarketsinlightofthecurrentfinancialcrisis;(b)Explaintherelevanceofcapitalmarketstodomesticeconomicgrowth;(c)Describetheroleandresponsibilitiesofgovernmentandothersectorsinpromotinggrowthanddevelopment; (d)Proposeanddefendmeasuresaimedataddressingeconomicgrowth,employmentopportunities,andasolidtaxbase;and(e)Determinetheextentofofficials’complianceontransparency,accountability,disclosurepolicies,andaccountingstandardsinfinancialmarketdevelopment.

Topics Covered: Thecourseisdividedintofivemodules,coveringthefollowingtopics:(a)PublicandPrivateSectorCompetency;(b)EnlargingInvestmentOpportunities;(c)EncouragingIssuerOfferings;(d)HotIssuesinCapitalMarkets;and(e)CorporateControlShifts:FriendlyandOtherwise.

Financial Governance

FUNDAMENTALS OF ANTI-MONEY LAUNDERING: INTERNATIONAL STANDARDS AND COMPLIANCE ISSUES


Background:Asmoneylaunderinggainsincreasingnationalandinternationalattention,pressureismountingforinstitutionstocomplywithmoneylaunderingrulesandregulationsandtotakeeffectivemeasuresinpreventingandcounteringmoneylaundering.This5-weekcourseendeavorstoprovidetrainingtobothpublicandprivate-sectorofficialsregardingmoneylaunderingissues.Byfirstfamiliarisingthemwiththeinternationallawsandregulationscurrentlyinplacetodetermoneylaundering,thecourseprovidesaholisticoverviewofmoneylaunderingstandards,includingkeydefinitions,thenatureofdifferentmoneylaunderingprocessesandmostimportantly,thedetrimentaleffectsofmoneylaunderingoninternationaldevelopment.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Discussthebasicconceptofmoneylaunderinganditsvariousprocesses;(b)Identifytheeconomicimpactsofmoneylaunderingandterroristfinancingoninternationaldevelopment;(c)Examinetheefficiencyofinternationalstandardstocombatmoneylaunderingandterroristfinancing;(d)Summarisethelegalrequirementsandpreventivemeasurestobeadoptedbydevelopingcountriestocombatmoneylaundering;and(e)AnalyseacasestudyontheUKregulatoryregimetocombatmoneylaunderingandmakenecessaryarguments.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)IntroductiontoMoneyLaundering;(b)NationalandInternationalResponsetoMoneyLaundering;(c)CriminalisationofMoneyLaundering; (d)Anti-MoneyLaunderingandUKRegulatoryRegime(CaseStudy);and(e)InternationalMeasurestoCombatTerroristFinancing.

FUNDAMENTALS OF CORPORATE GOVERNANCE


Background:Thecurrentglobalfinancialcriseshavebroughttotheforetheimportanceofcorporategovernanceissuesacrossindustrialised,emerginganddevelopingeconomiesalike.Strongprofitsandgoodbusinesspracticesaretwoconceptsthatareintegrallyrelatedandconnectedtoeachother.Bygivinganoverviewofthescope,trendsanddevelopmentsinthisareaoffinance,aswellaslookingmorecloselyatcommoncorporatefailuresandprobablesolutions,participantsofthiscoursewillbeequippedwiththeanalyticalskillsandtechnicalinsightsrequiredtounderstandandevaluatedifferentapproachestostructuringtheownership,controlandregulationofcorporations.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Demonstratefamiliaritywiththeconceptofcorporategovernance;(b)Discussissuesonpublicandprivatepoliciesandregulations;(c)Identifytherelationshipsbetweenandamongshareholders,managementandtheboardofdirectorsincorporationsgivenaparticularfinancialsystem; (d)Analysethedifferentregulatorymodelsofconductforcorporateentities;and(e)Recommendcorporategovernancewithuniversalrelevance.

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Topics Covered: Thecourseconsistsofthefollowingmodules:(a)GoverningInstruments:Statutes,Articles,BylawsandAgreements;(b)TheRoleofEquity;(c)TheBoardofDirectors,Officers,Shareholders;(d)Thedutyofcareandloyalty;(e)TheProfessional“Gate-Keepers”;and(f)EnforcementofCorporateGovernanceStandards.

GOVERNANCE OF EXTRACTIVE INDUSTRIES


Background:Extractiveindustriesremaintheeconomicbedrockformanydevelopingcountries,generatingtheprimary,ifnotsole,sourceoffiscalrevenues,foreignexchangereserves,andcurrentaccountsurplusesthatfinancemuch-neededsocio-economicdevelopment.Thequalityofgovernancehascometoberecognisedasakeyfactorinfluencingtheabilityofcountriestousetheseearningsattheirdisposalbothprudentlyandeffectively.The5-weekcourseontheGovernanceofExtractiveIndustrieswillshedlightonthefundamentalprinciplesofgovernance,enablingparticipantstoapplytheseprinciplesinthecontextofvariousspecificnaturalresourceendowments.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Expressaclearconceptofgovernanceanditsguidingprinciplessuchastransparency,accountability,anti-corruption,environmentalsafeguards,corporatesocialresponsibility,publicparticipation,etc.;(b)Ratethequalityofgovernanceofrevenuesfromtheirrespectivecountries’extractiveindustries;and(c)Proposeamoresoundmanagementofresourcesfromextractiveindustriesfortheimprovementofeconomicperformance.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Legalandinstitutionalframework; (b)PublicParticipation;(c)TransparencyandAccountability;(d)CountryAssistanceMechanisms/Initiatives;and(e)ExtractivesIndustriesModelLaws.

Financial Negotiations

CROSS-CULTURAL NEGOTIATION


Background:Cultureisapowerfuldeterminantinshapingthewaysinwhichpeoplethink,communicateandbehave.Assuch,italsoaffectshowtheynegotiate.Takingparticipantsfromthesimpletothecomplex,thismultifacetedcourseonCross-CulturalNegotiationproceedstoanalyseandexaminetheculturaldimensionsofthenegotiationprocess.BuildingonUNITAR’sresearchontheculturaldimensionofnegotiations-whichincludescommunicationwithin,dealingswithanddiscussionsamongsttheUNmemberstates,thiscourseisdesignedtoendowofficialsacrossabroadarrayofsectors-civilsocietyandacademia,publicandprivatealike-witharichvarietyofpracticalskillsandtechniquesforcross-culturalnegotiation.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Utilisetime-testedculturalconceptsandtheoriesinrelationtonegotiation;(b)Developanegotiationplanapplicabletoaparticularculture;and(c)Appraisehis/herreadinesstonegotiatewithculturallydiversecounterparts.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)OverviewoftheDimensionofCultureinInternationalNegotiations;(b)CulturalApproachestoNegotiation;(c)PracticaltechniquesforimprovingCross-CulturalNegotiation;and(d)OnlineDiscussionsandPeer-to-PeerExchanges(onlineactivity) .

INTERNATIONAL NEGOTIATIONS: PRACTICAL SKILLS AND TECHNIQUES

Duration:4weeks| Fees:US$800| Language:English,Spanish*| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration:www.unitar.org/pft/events

*EnglishandSpanishversionsareconductedseparately.

Background:Negotiationsarecommonplaceinoureverydaylives.Whetheritishowwehandleanorganisationalchallenge,atakeover,oradispute,successfulnegotiationultimatelyrequiresreachingacompromisebetweentwoormoreinterestgroups.Farfrombeingaone-timeactivitythatwarrantsonlya


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finitesetofskills,itcorrespondstoanartthatimproveswithpersistentpracticeandanalysisofthenegotiatingenvironment.Everynegotiationwillbedifferent,butitscoreelementsvaryonlyslightly.Thetoolsandtechniquesacquiredinthiscoursewillassistparticipantstobecomebetternegotiatorsintheinternationalarena.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Definethebasicelementsandtheoriesofinternationalnegotiations;(b)Applypropernegotiationstrategies;(c)Recognisetheappropriateprocedureinnegotiation/arbitrationproceedings;and(d)Recommendtotheircolleagues/organisationsmeasureswhendealingwithcomplexnegotiations.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)OverviewoftheTheoryofNegotiation;(b)TheNegotiationCycleandrelatedTips;(c)PracticaltechniquesforimprovingNegotiation;and(d)OnlineSimulationNegotiationExercise.

Microfinance andProcurement

FUNDAMENTALS OF MICROFINANCE


Background:AccordingtotheWorldBank,thereexistsinexcessofsome500millioneconomicallyactiveindividualsindireneedofmicrocreditprovisionstofinanceentrepreneurialactivities.Thiscourseisdesignedtoteachparticipantsabouttheimportanceofsustainablemicrofinanceinempoweringthepoorestsectorsofthepopulationandtherebyinducingpovertyreduction.ThiscourseontheFundamentalsofMicrofinanceoffersacomprehensiveandcoherentoverviewoftheprinciplesandpracticescentraltotheimplementation,managementandevaluationofmicrofinanceservices.Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Describetheconceptandprinciplesofmicrofinance;(b)Identifyissuesthathinderthesuccessofmicrofinanceintheircountry;(c)Appraisethestateofmicrofinanceintheirrespectivecountry;(d)Explaintoagroupofwould-beoperatorsofmicroenterprisesandsmallbusinessesthesignificantcomponentsofmicrofinance,suchasfinancialinstrumentsandlendingmethodologies,performance

evaluationandmanagement,andpreparingfinancialstatements;and(e)Recommendpositiveapproachesthatwillfacilitatethepoor’saccesstofinancialservices.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)TheWorldofMicrofinance;(b)FinancialAnalysis;(c)FinancialInstrumentsandLendingMethodologiesinMicrofinance;and(d)MeasuringPerformanceandFutureGrowthofMicrofinance.

ADVANCED PUBLIC PROCUREMENT


Background:Thetransactionscarriedoutbythegovernmentofacountrywithindividualsandwithindustrial,commercial,orbusinessorganisations,whethertheybedomesticorinternational,forthepurposesofsale,acquisitionofservices,etc.,arecalledpubliccontracts.Onthematterofcontracts,somedistinctionsareinevitablebetweenthepositionoftheStateandthatoftheothercontractingparty.Thiscoursedescribestheeffortsmadebyvariousinternationalinstitutionsinthepreparationofthelegalframeworkforpublicprocurement;identifiestheexistingorrequiredlegalframeworkinvariouscountries;analysestheprocessofpre-qualification;evaluatestheprocurementprocedure;andreviewsthemethodsfortheresolutionofdisputes.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Describetheeffortsmadebyvariousinternationalinstitutionsinthepreparationofalegalframeworkforpublicprocurement;(b)Identifytheexistingorrequiredlegalframeworkforpublicprocurementinvariouscountries;(c)Analyseandmakeuseoftheprocessofpre-qualificationof tenderers,theprocessofinvitingtendersorbids; (d)Explaintheprocessofselectionoftherighttendererfortheprocurementofgoodsorworksandthemakingofthecontract;(e)Evaluateagivenprocedurefortheperformanceoftheprocurementofcontract;and (f)Defendhis/herchosenmethodsfortheresolutionofdisputesinprocurementcontracts.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Internationalanddomesticlegalframework;(b)TenderingorBiddingProcess;(c)SelectionoftheSupplier;(d)MakingoftheContract;(e)PerformanceoftheContract;and(f)ResolutionofDisputes.

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INTRODUCTION TO PUBLIC PROCUREMENT


Background:Publicprocurement,whichistheacquisitionofgoodsandservices-oftenbyacentralgoverningbody-constitutesoneofthelargestareasinpublicexpenditure.Amendmentstothepublicprocurementsystemcanyieldsignificantbenefitstotheeconomicconditionofacountry,holisticallyspeaking.Afteroutliningtheinternationallawsgoverningtheproceduresforpublicprocurement,thisintroductorycourseinstructsonthevariousdomesticandinternationaltenderingsystems,includingtheprocurementprocessforWorldBankandInternationalMonetaryFund(IMF)assistedprojects.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Describewhichprocurementsaregovernedbycertainexistingcivilorinternationallaws;(b)Recognisethevariousmethodsandproceduresofthedomesticandinternationaltenderingsystem,includingprocurementproceduresforWorldBank-aidedprojects;(c)Interpretapublicprocurementcontractandbeabletoassistinitsexecution; (d)Summarisethestepsinvolvedinthecompletionofprocurement;and(e)Selecttheapplicablemethodforresolutionofdisputesinpublicprocurementcontracts.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)MethodsofPublicProcurement;(b)ContractExecutioninPublicProcurement;(c)Post-executionPhaseofPublicProcurementcontracts;and(d)OverviewofGeneralTermsandConditionsofPublicProcurementcontracts

Financial RiskManagement

ADVANCED RISK MANAGEMENT


Background:Themeasuringofriskusingmathematicalformulaehasbecomewidespreadandcommonplaceformanyfinancialinstitutionsacrosstheglobe.Thecostofborrowingordebt-leveragingisdependentonthedegreeofembeddedriskandthecreditworthinessoftheborrowerasassessedthroughmathematicalmodelling

aswellastheapplicationofsophisticatedstatisticaltools.Thisadvancedcourseonriskmanagementisdesignedtoendowprofessionalswiththeindispensableskills,toolsandmodellingtechniqueswithwhichtobringabouteffectiveriskmanagement.Assuch,itbuildsontheFundamentalsofRiskManagementcourse.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Applythemathematical,statisticalandfinancialtoolsrequiredtoapproachfinancialriskmanagement;(b)Computethevalueofdifferenttypesoffixedincomesecurities,includingcalculationsonyieldsandmarketprices; (c)Interpretdifferentratiosandindexesrelatedtothestockexchangemarket,inparticularforstockshares; (d)Applyriskmanagementtechniquesindifferentsituations,inparticularValueatRisk(VaR);(e)Calculateriskindexesforaportfoliocomposedofdifferenttypesofsecurities;(f)Designdifferentmethodologiesforgeneratingriskmanagementscenarios,inparticularforinterestrateorexchangeratevariations,usingMonteCarloSimulation;and(g)Evaluatemethodologiesappliedbythirdpartiesonfinancialriskmanagement.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)ReviewofBasicKnowledge:Statistics,BasicMatrixAlgebraOperationandMathematicsofFinance;(b)TradedInstrumentsandRiskIndicators;(c)BasicConcernsofRiskManagementandCorrespondingTools;and(d)ToolsandStrategiesforDecreasingRisk.

FUNDAMENTALS OF RISK MANAGEMENT

Duration:4weeks| Fees:US$800(English),US$600(Spanish*)| Language:English,Spanish| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration:www.unitar.org/pft/events

*EnglishandSpanishversionsareconductedseparately.SpanishversionisconductedinpartnershipwithInstitutodeEstudiosdelasFinanzasPúblicasArgentinas(IEFPA)

Background:Focusingonriskidentification,riskassessment,andtheestablishmentofeffectiveriskmanagementsystems,this4-weekcourseendeavorstosatisfytheburgeoningneedforbettercreditriskevaluation,especiallygiventheonsetoftherecentfinancialcrisis.This4-weekcoursestrivestoequipparticipantsindevelopedanddevelopingcountriesalikewiththetechnicalskillsforidentifying,interpreting,andapplyingfinancialmanagementinstrumentsintheirassessmentofrisk-bothhiddenandapparent.


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Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Identifyandinterprettheapproachesandaimsoffinancialriskmanagementtools;(b)Express,throughpracticalexamples,themechanismofcost-at-risk(CAT)bondsforsovereigns;(c)Interpretdifferentratiosandindexesrelatedtofixedincomesecurities;(d)Illustratetheapplicationandutilityofvalue-at-risk(VaR);and(e)EvaluatemethodologiesdevelopedbythirdpartiesonCATbondsorVaRapplications.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Overview:developmentsinfinancialriskmanagementinpublicandprivatesectors;(b)Analysisofriskmanagementtechniquesinpublicfinance;(c)Value-at-risk(VaR)andcost-at-risk(CaR).

Public FinancialManagement

ETHICS IN PUBLIC FINANCE


Background:Sincetheinceptionofvariousmethodsofcontrolovergovernmentactivity,transparencyinpublicfinancehasbecomeapreoccupationofmodernadministrationsandcitizenries,ashasparticipationin

publicpolicy-makingalongsidegovernmentexpenditureandborrowing.This4-weekcoursestressesthelegalandethicalresponsibilitiesofgovernmentsandcivilservantsandelaboratesonappropriatepolicyresponsesintheinstanceoffinancialmisconductand/ormalpractice.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Identifykeyfactorsforascertainingintegrityinthehandlingofpublicfinanceandadministration;(b)Recognisethechallengesfacedbypublicfinanceandadministrativeofficialsandthetoolstotacklethem;(c)Examinetheincidenceofinternationalstandardsandpracticesinnurturingintegrityatthenationallevel;(d)Proposereformstothearrangementsthatprevailintheircountries.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Principlesandbestpracticesofpublicfinance(integrity,objectivity,accountability,publicity,regularity,coherence);(b)Properconductandorgansofcontrolinpublicfinance(propriety,accuracyofevidence,responsiveness,timeliness,riskmanagement,organisationallearning,knowledgemanagement);(c)Bestpracticesinpreventingfraudandcorruption(generally-acceptedstandards,internationalconventions,mutualassistanceagreements,stakeholderaccess);and(d)Ethicalguidelinesforpublicaccounting,borrowing,lending,procurement,andadjudicationbyrevenuecollectionauthorities.

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Vi . On-Demand Courses (On-DemandCourseswillhaveatentativestartandenddateandmayberescheduleddependingonthenumberofparticipants.AllOn-DemandCoursesareinstructor-moderated)

Arbitration &Alternative DisputeResolution

ARBITRATION & ALTERNATIVE DISPUTE RESOLUTION (INTRODUCTORY COURSE)


Background:Arbitrationintheformofalternativedisputeresolution(ADR)correspondstothelegaltechniquefordisputeresolution.Itrepresentsaviablemeansfordisagreeingpartiestoreachacompromiseshortoflitigation.ThiscourseexposesparticipantstothevariousmethodsavailablefortheeffectiveandefficientresolutionofinternationalcommercialdisputesindependentoftheCourts.Ineffect,thiscoursewillprovideparticipantswithanupdateonthelatestdevelopmentspertainingtoarbitrationandalternativedisputesettlement.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Describethekindsof,andtheneedfor,alternativemethodsfortheresolutionofdisputes;(b)Recogniseissuesandproblemsinthevariousstagesofinternationalarbitrationandalternativedisputeresolution;(c)Identifytheleadingnationalandinternationalarbitrationinstitutionsthatprovideservicesandforafortheresolutionofdisputes;(d)Summarisethevariousmethodsavailablefortheeffectiveandefficientresolutionofinternationalcommercialdisputes;and(e)Evaluateagreementsandclausesforalternativedisputeresolution.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)NeedforAlternativeDisputeResolutionMethods;(b)KindsofAlternativeDisputeResolutionMethods;(c)InternationalArbitralOrganisation; (d)AgreementforAlternativeDisputeResolution; (e)DraftingAgreements/Clauses;and(f)ArbitralTribunals.

ARBITRATION & ALTERNATIVE DISPUTE RESOLUTION (FOUNDATION COURSE)


Background:Alternativedisputeresolution(ADR)methodsarebecomingmorewidespreadandpopularastheyhelpingeneratingconfidencewithintheinternationalinvestingcommunity.Ifadisputearises,internationalinvestorsneednotdependonthejudicialsystemofaparticularcountry,butcanresorttoalternativedisputeresolutionmethodssuchasarbitration.ThisfoundationcoursehighlightstheuseofarbitrationasanADRmechanismfortheresolutionofdisputes,thepleadingsrequiredtobeplacedbeforeanarbitraltribunalbytheparties,themethodandprocedurebeforethetribunal,andtheprocessandkindsofawardsanarbitraltribunalcandeliver.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Recognisetheappropriateprocedureinarbitrationproceedings,particularly,butnotlimitedto,internationalortransnationaldisputes;(b)Describetheawardatribunalcandeliverandtheprocessofawardingsuchawards;(c)Defineanddifferentiatetheawardsavailableundervariousalternativedisputeresolutionsystems; (d)Constructpleadingsforanarbitraltribunal;and (e)EvaluatetheexistingInternationalConventionsandProtocolfortheenforcementofforeignawardsandthedilemmasinvolvedintheactualimplementation.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Introduction;(b)ArbitrationProceedings; (c)ArbitrationProceedings;(d)MakingoftheAward; (e)ChallengeorVacationoftheAward;and (f)RecognitionandEnforcementoftheAward.

INTRODUCTION TO INVESTMENT ARBITRATION

Duration:5weeks| Fees:US$800| Language:English| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration:www.unitar.org/pft/events| Partner Organisation: laliVe


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Background:IntroductiontoInvestmentArbitrationisa5-weekcourseaimedatprovidingparticipantswithanoverviewofthespecificissuesrelatingtoarbitrationbetweenforeigninvestorsanddomesticagents.DrawingontheConventionontheSettlementofInvestmentDisputesbetweenStatesandNationalsofOtherStates(InternationalConventionforSettlementofInvestmentDisputes,ICSID),thiscoursecoversfourbroadareas,eachofwhicharebothrelevantandpossessedofafirmunderstandingofinvestmentarbitration.Moreover,thecourseplacesspecialemphasisonissuesspecifictoinvestmentarbitration,inparticularthosearisingfromtheprovisionsoftheICSIDConventionandBilateralInvestmentTreaties(BITs).

Learning Objectives: Aftercompletingthecourse,participantsshouldbeableto:(a)Recognisethedistinctivecharacteristicsofinvestmentarbitrationandcomparethosewithcommercialarbitration;(b)Discussandassessthesalientprocedural,jurisdictionalandsubstantivefeaturesofinvestmentarbitration;(c)Applytherelevantlawandprinciplesinthisareaofinternationaldisputeresolutiontoissuesandsituationsthatmayariseintheirjurisdictions,whetherontheState’ssideortheinvestor’sside;(d)Identifytheplaceofinvestmentarbitrationinthedevelopmentofinternationallawandexamineandanalysecurrentandfuturetrendsandconcerns;and(e)Testtheirknowledgeofthefuturestateofthelawinthisfield.

Topics Covered: Thecourseisdividedintofourmodules,coveringthefollowingtopics:(a)IntroductionandProcedure;(b)Jurisdictionandadmissibility; (c)SubstantiveProtections;and(d)Award,enforcementandchallenge.

Debt Management &PovertyReduction

AUDIT OF PUBLIC DEBT


Background:Inalargemajorityofcountries,publicdebtisoneofthemostimportantbudgetexpenditures,andveryoftenthelargestone.Democraticgovernmentrequiresthatpublicdebtanditsmedium-andlong-termeffectsbemadetransparent.Thisisnecessarytohelp

ensureaccountabilityandfacilitateabetter-informedpublicdebate.Inordertoachievethis,itisofparamountimportancethatthenecessarycontrolsareinplaceregardingpublicdebtmanagement.Thiscourseprovidesallofthebasicelementsonpublicdebtmanagementinorderforparticipantstoacquiretheknowledgenecessarytoundertakepublicdebtaudits.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Recognisepublicdebtasoneofthemostimportantbudgetexpendituresofacountry;(b)Applythenotionofpublicdebtauditandapplyitthroughhypotheticalgroupwork;(c)Identify thefunctionsofdebtoffices;and(d)Explainthebasicelementsofpublicdebtmanagementinorderthatparticipantsacquirethenecessaryknowledgetoundertakepublicdebtaudits.

Topics Covered: Thecourseisdividedintofourmodules,coveringthefollowingtopics:(a)IntroductionandInstitutionalFrameworkofpublicdebtmanagement;(b)DebtOfficeFunctions;(c)AuditingPublicDebt;and(d)AuditofPublicDebt.

BASIC COURSE ON PUBLIC DEBT MANAGEMENT


Background:Publicdebtmanagementistheprocessofestablishingandexecutingastrategyformanaginggovernment-acquireddebtinordertoachieveshortandlong-runcostobjectives,andtoensureasufficientsupplyoffundingwhilemaintaininganefficientmarketforgovernmentbondsandsecurities.This6-weekcoursepresentsanintroductoryoverviewofthebudgetaryframework,restructuringofpublicdebt,andconceptsofcontingentliabilityandriskassessment.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Stateinsimpletermsthemeaningofpublicdebt;(b)Describetheaspectsofdomesticandexternaldebt;(c)Explainthebasicandadvancedconceptsinpublicdebtmanagement;and (d)Determinetheimplicationsofcontingentliabilityandriskmanagement.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)OverviewofPublicDebt;(b)BasicDebtConcepts;(c)DomesticDebt;(d)ExternalDebt;

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(e)ContingentLiabilities;(f)TheBudgetaryFramework;(g)RestructuringPublicDebt;(h)ManagingPublicDebt;(i)MonitoringOrganisationalandLegalIssuesinPublicDebtManagement;and(j)AdvancedConceptsinPublicDebtManagement.

DEBT RESCHEDULING WITH THE PARIS CLUB


Background:TheParisClubconsistsoffinancialofficialsfromnineteenoftheworld’slargesteconomies.Aswellasofferingotherfinancialservicessuchasdebtreliefanddebtcancellation,itprovidesdebtreschedulingtofunding-constrainedcountries.The7-weekcourseonDebtReschedulingwiththeParisClubprovidesafullaccountoftheParisClubrules,thereschedulingtermsandtheagreedminutes.Moreover,itaimstoprepareofficialsanddelegatesnegotiatingwiththeParisClubcreditorsbyexplainingtherelevantnegotiatingproceduresandprovidinginstructiononhowtoapplybestpracticesintheareasofdebtreschedulingandrestructuring.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Identifyandname ParisClubcreditors;(b)Explaintheprocedures,rules andregulationsimplementedbycreditorsinordertocarryoutdebtnegotiationsandre-negotiations; (c)Applybestpracticesindealingwithofficialcreditors;(d)CalculatevaluespertinenttoParisClubdebtsanddebtrescheduling;(e)Designstrategiesandtacticstobeemployedinadebtre-negotiation;and(f)PrepareanegotiationplanwithParisClubcreditors.

Topics Covered: Thecourseisdividedintofourmodules,coveringthefollowingtopics:(a)ExternalDebt,DefinitionandRelatedConcepts;(b)HistoricalNotesontheParisClub;(c)PreparingtheNegotiation; (d)CalculationTechniquesandMeaningofthePresentValue;(e)TheParisClubRules,theReschedulingTerms,andtheAgreedMinute;and(f)DesignofaStrategyforDebtReschedulingwiththeParisClub.

EFFECTIVE PUBLIC DEBT MANAGEMENT


Background:Withtheaimofachievingsustainabledebt,effectivedebtmanagementisessentialforeconomicdevelopment.Theoverridingobjectiveofthecourseistoexplaininnon-technicaltermstheconceptsandtechniquesunderlyingpublicdebtmanagement.Thiscourseoffersrigorousanalysisofdebtsustainabilityissues,includingtheappreciationofpublicdebtmanagementinthebudgetarycontextandfacetsofexternalanddomesticpublicborrowings.Inaddition,thecourseservestointroduceparticipantstothemeaningandimplicationofcontingentliabilityandriskmanagement.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Explaintheconceptsandtechniquesofpublicdebtmanagement;(b)Statetheissuesin,mechanicsandclausesof,loanagreements;(c)Expressobservationsondebtsustainabilityissues;(d)Explainfacetsofexternalanddomesticpublicborrowings;and(e)DeterminetheimplicationsofcontingentliabilityandriskmanagementofPublicDebtManagementinstitutions.

Topics Covered: Thecourseisdividedintosixmodules,coveringthefollowingtopics:(a)PublicFinanceandDebtManagement;(b)PreliminaryIssuesinLoanAgreements; (c)TheCommercialProvisions;(d)Inter-LendersRelationshipandControlClausesinLoanAgreements;(e)TheWorldBankandtheGeneralConditionsApplicabletoLoans;and (f)GuaranteeAgreementsandCurrencyPoolsLoans.

LEGAL ASPECTS OF PUBLIC DEBT MANAGEMENT


Background:Publicdebtmanagementconstitutesacriticalcomponentofacountry’sdevelopmentstrategyinordertopreventinsolvencyincaseofsovereigndefault.Thosemanagingnationaldebtareresponsibleforprovidingpolicymakerswithaccurateinformationaboutthelevelofdebtburdenandpotentialaccesstofunds.Thiscourseisintendedtoassistdebtmanagersinbetterfulfillingtheirresponsibilities,takingintoaccountthe‘legalaspects’inrelevantareas.Participantswillbeexposedtothecentralityofthelegaldimensionofdebtmanagement,wherebyitisdemonstratedthatpublicpolicymakersmustworkintandemtoeffectivelymanageborrowingsandtheissuingofbonds&bills.


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Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Discussthesignificanceofthelegalaspectsofpublicdebtmanagement; (b)Identifytheinternationalsourcesoffunds;(c)Explaintheprocessofnationalborrowing;and(d)Summarisethephasesoftheloancycleandnecessarydocumentationforeffectivepublicdebtmanagement.

Topics Covered: Thecourseisdividedintosixmodules,coveringthefollowingtopics:(a)IntroductiontoDebtManagement;(b)TheNationalBorrowingProcess; (c)InternationalSourcesofFunds;(d)InternationalFinancialInstitutions;(e)InternationalFinancialTechniques;and(f)LoanAgreements.

MILLENNIUM DEVELOPMENT GOALS AND DEBT MANAGEMENT


Background:Formorethantwodecades,unsustainabledebtburdenshavebeenanimportantdevelopmentbarrierformostcountriesintheSouth,restrictingtheirpolicyspace.Manyyearsof“structuraladjustment”,multilateral“debtmanagement”,andseveraldebtreductionschemesdesignedbycreditorshavenotovercometheproblem.ThisUNITARonlinecourseprovidesfactsandeconomicunderstandingofsovereigndebtissuesasabasisofboththeoreticalandpracticalwork.Itdiscussesgeneralprinciplessuchastheruleoflaw,debtorrights,andhumanrights,whicharesofarstillnotfullygrantedtoSoutherndebtors,arguinginfavourofruleoflawbasedsolutions.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Statethepresentsovereigndebtissuesorburdensthatobstructacountry’sdevelopment;(b)AssociatepresentinternationaleffortstofinancetheMillenniumDevelopmentGoals(MDGs)withtheproblemsofdebtserviceanddebtoverhang;(c)ExplainsolutionsofinsolvencyprotectionandhowtheycouldbeappliedtosovereigndebtsbyinternationalizingUSprotectionofoverindebtedpublicentities,andhowitcombinesperfectlywithreachingtheMDGs;and(d)ArgueanddefendequaltreatmentforalldebtorstoputastoptotheunjustifiablediscriminationofSouthernsovereigndebtors.

Topics Covered: Thecourseisdividedintofourmodules,coveringthefollowingtopics:(a)BriefHistoryofDebtManagement;(b)PresentProposalsandStrategies:SovereignInsolvencyProposals,Uruguay’sVoluntaryDebtRe-profiling,Argentina’sUnilateralCancellation,andNigeria’sDeal;(c)AnInternational“Chapter9”forCountries; (d)DebtDistressandtheMDGs;(e)DebtorRights,RuleofLawBasedInsolvencySystems,Sustainability;(f)TheMDGsandPreferredCreditorStatus;(h)LendingorGranting:OfficialDevelopmentAssistance(ODA)andtheMDGs;and(i)ProblemswithPresentDebtStatisticsandIndicators.

STATISTICS, KNOWLEDGE AND POLICY: UNDERSTANDING SOCIETAL CHANGE

Duration:5weeks| Fees:US$600| Language:English| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration: www.unitar.org/pft/events

Background:Weallknownowthatrealprogressofasocietyornationgoesbeyondjustthequantitativeassessmentofgrossdomesticproduct.Progresshasdifferentmeaningsacrossdifferentsocietiesandwhatisimportantinonesocietymayvaryacrosssocieties.Theunderlyingaimofthecourseistofosterthedevelopmentofsetsofkeyeconomic,socialandenvironmentalindicatorstoprovideacomprehensivepictureofhowthewell-beingofasocietyisevolving.DevelopedjointlybytheOECD-hostedGlobalProjectonMeasuringtheProgressofSocietiesandUNITAR,thiscourseaimstocreateagreaterawarenessoftheimportanceofstatisticsfordemocracyanddemocraticdecision-making;providemeasuresofprogressthatgo“beyondGDP”;bringforthtoolstotransformstatisticsintoknowledge,evidence,civicengagementandpolicymaking.

Learning Objectives:Attheendofthecourse,theparticipantsshouldbeableto:(a)Recognizetheroleofstatisticsinthedemocraticdecisionmakingprocess; (b)DemonstratethatprogressofsocietiescanbemeasuredbeyondGDP;(c)Comparethemeaningof‘wellbeing’acrosssocieties;(d)Describethedifferentwaystothinkaboutprogressandtomeasureprogress;and (e)Discusshowtoturnstatisticsintoknowledge.

Topics Covered:Thecourseconsistsofthefollowingfourmodules:(a)GeneralintroductiontoMeasuringtheProgressofSocieties;(b)Whattomeasure:progressanditsdimensions;(c)Howtomeasureprogress;and (d)Ensuringthatmeasuresareused.

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UNDERSTANDING INTERNATIONAL CONTRACTS AND LOAN AGREEMENTS


Background:Atatimewherecommercialandstate-issuedcontractsandloanagreementsarebecomingincreasinglysophisticatedwithinnovativeborrowinginstrumentsbeingdevelopedatanunprecedentedrate,itisvitalforthoseinvolvedinthedrafting,structuring,andnegotiationofinternationalcontractsandloanagreementstokeeppacewithnewregulations.Fromcommercialtransactionstobilateralandmultilateralagreements,thiscoursehighlightstheneedfordevelopingcountriestoacquireanimprovedunderstandingoftheseissues,andplacesspecialemphasisonhowteamsofnegotiatorscanmoreeffectivelydraftspecificclausesontradecollaboration,cooperationanddisputeresolution.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Discusstheimportanceofstructuring,negotiating,anddraftinginternationalcontractandloanagreements;(b)Explainthestructureandkeyclausesofabilateral,multilateral,andcommercialtransaction;(c)Constructdraftsofspecificclausesofcontractsandloanagreements;and(d)Prepareanegotiationforaninternationalloanagreement.

Topics Covered: Thecourseisdividedintofourmodules,coveringthefollowingtopics:(a)BasicPrinciplesofPublicFinance;(b)Purpose,DefinitionsandNatureofObligations;(c)Illegality,RepresentationsandWarranties,Covenants;(d)TheAgentandtheBanks,AssignmentandTransfer;(e)TheWorldBankinBrief/Application,Definition,LoanAccount,CommitmentandInterest;and(f)AccelerationofMaturity,taxes,NegativePledge,Co-operationandInformation.

Financial Governance

COMBATING CORRUPTION IN PUBLIC FINANCIAL MANAGEMENT


Background:WidespreadandendemiccorruptioninmanypartsoftheworldpresentsitselfasoneofthegreatestcurrentchallengestoachievingtheMillenniumDevelopmentGoals(MDGs).Notonlydoesitundermineeconomic,socialandpoliticalstability,butcorruptionalsohamperssustainabledevelopment,impedeseconomicgrowth,andthreatensgoodgovernance.Thisfive-weekcoursestrivestoexposethecauses,consequencesandvariousmeasuresdesignedtocombatcorruptioninpublicadministrationandfinancialmanagement.Thecoursewillenableparticipantstoidentify,applyandanalysestrategiesusedincorruption-preventionandresolution.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Distinguishbetweenthevarioustypesofcorruptionandhowtheycausehavoctoanation’seconomy;(b)Identifyareasofpublicfinancethataremostsusceptibletocorruption; (c)Usereasonablejudgmenttodetecttheexistenceofcorruptionanddetermineitsgravity;(d)Explaintheroleofsoundfinancialmanagementpoliciesandpracticesincurbingcorruption;(d)Constructaclearpictureoftherelationshipbetweenintegrityandcorruption;and (e)Proposesoundanti-corruptionmeasuresthatmaybeintegratedwithexistingones.

Topics Covered: Thecoursecoversthefollowingtopics:(a)IntroductiontotheConceptofCorruption; (b)CorruptioninPublicFinancialManagement; (c)MeasurestoCombatCorruptioninPublicFinancialManagement;(d)IntegrityManagementSystems: AMeasuretoCombatCorruption;and(e)CorruptionandMoneyLaundering.

COMBATING MONEY LAUNDERING

Duration:8weeks| Fees:US$900| Language:English| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration:www.unitar.org/pft/events| Partner Organisation: AgencepourlaCoopérationetleDéveloppement-BanquesPopulaires(ABPCD)

Background:ThecourseismainlydesignedtopresentthevitalissuesbehindanAnti-MoneyLaunderingandCounter-FinancingTerrorism(AML/CFT)StrategyforFinancialInstitutionsandtheirstaff.Itaimsatsatisfyingtheneedsoftheparticipantsintermsofunderstandingtheinternationalstandards,obligationsandoffenses,andtherisksrelatedtoMoneyLaunderingandTerrorismFinancing(ML/TF).ThiscoursewillgiveaglobaloverviewoftheML/TFriskbasedapproach,includingdefinitions,


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typologies,financialinstitutions’obligations,andaninternationalandspecificlegalframework.Althoughnotexclusively,thecoursewillfocusonML/TFidentification,ML/TFriskassessmentandthesettingupofapracticalandeffectiveAML/CFTstrategyanditsaudit.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)DefineMoneyLaunderingandfinancingofterrorism,theirstagesandtheirconsequencesfortheeconomy;(b)AnalyseML/TFoperationsandthemethodsofmoney-launderingandterrorismfinancingthroughthefinancialsectorandDetectML/TF“redflags”;(c)ExplaintheessentialsofinternationalstandardsandUS-specificAML/CFTlawandregulations;(d)IdentifytherangeandthecontentsoftheCustomerDueDiligenceprocessandrelatedobligations;(e)Reportsuspicions,internallyandexternallytothefinancialinstitution;(f)Organiseinternaltrainingandaninternalauditofthefinancialinstitution’sAML/CFTsystem;and(g)Developtheframeworkofaninstitutionalstrategy,describethekeycomponentsofanAML/CTFinternalcontrolandmonitoringsystemanddefinetheroleoftheAML/CFTcomplianceofficer.

Topics Covered: Thecourseconsistsofthefollowinglessons:(a)PreliminaryLesson:MoneyLaunderingandTerrorismFinancing;(b)TheAML/CFTlegalenvironment;(c)TypologiesofMoneyLaunderingandTerrorismFinancing;(d)TheUSAML/CFTlegalenvironment; (e)ManagingtheAML/CFTRiskBasedApproach; (f)BuildinganAML/CFTInstitutionalStrategy;(g)ML/TFriskmanagement/CustomerDueDiligence;(h)ML/TFriskmanagement/MonitoringActivities;(i)ReportingSuspicion(Frontoffice);(j)ReportingSuspicion(AML/TFStaff;MLRO);(k)Recordkeeping;(l)Training(MLRO;ComplianceOfficer);(m)AML/CFTAudit;and(n)AML/CFTAuditinpractice.

FINANCIAL GLOBALISATION


Background:This5-weekcoursedeliversin-depthknowledgeoftheprocessofFinancialGlobalisation-understoodastheintegrationofacountry’sfinancialsystemintotheinternationalregulatoryframeworkoffinancialmarketsandinstitutions.Amidsttheinteractionbetweenactiveparticipantsintheinternationalfinancialmarketsandtheusersofinternationalfinancialintermediaries,integrationisprimarilyaresultofthe

liberalisationofthecapitalaccount.Inlightoftherecentglobalfinancialcrisisandtheincreasinglyimportantroleaccordedtofinancialliberalisationandeconomicintegrationintheworldtoday,thiscourseendeavourstoexaminethepotentialbenefitsoffinancialglobalisationaswellastheassociateddangersandrisks.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Differentiatebetween“developmentfinance”and“diversificationfinance”inFinancialGlobalisation;(b)Identifythedrivingforcesof,andtheroleofgovernments,borrowers,investors,andfinancialinstitutionsinFinancialGlobalisation;(c)IdentifythepotentialbenefitsorrisksofFinancialGlobalisationbothindevelopedanddevelopingcountries;and (d)Determinefinancialcrisesaffectingfinancialglobalisationandproposemeasurestopreventsuchproblems.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)ConceptsandHistoryofFinancialGlobalisation;(b)FinancialOpennessandPatternsofFinancialGlobalisation;(c)ImpactofFinancialGlobalisation;and(d)CausesoftheFinancialCrisisandPolicyOptions.

GLOBAL FINANCIAL GOVERNANCE


Background:Internationalfinancialgovernanceincludesprovidingsupporttotheinternationalmonetarysystemthroughfacilitatingastableandpredictableenvironmentforeconomictransactions.Itinvolvesoversightoftheglobalfinancialsystematlargewithaviewtoprotectingtheinterestsofsaversandinvestorswhileensuringcreditisallocatedfairlyandefficientlyamongstallpotentialborrowers.Thiscompact4-weekcoursewillenableparticipantstogainasolidgraspoftheinstitutionalarrangementsunderlyinginternationalfinancialgovernanceaswellasinsightsontheframework,keyprinciplesandproceduresforregulationoftheglobalfinancialsystem.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Identifythekeyinstitutionsinvolvedinglobalfinancialgovernanceanddiscusstheirrespectivestructuresandregulatoryfunctionswithintheglobalfinancialsystem; (b)Recognisethechallengesputforwardtotheinternationalcommunitybythecurrentnomenclatureofglobalfinancialgovernance;(c)Examinetheimpact

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thecurrentarrangementsforinternationalfinancialgovernancehaveondifferentcategoriesofcountriesandondifferentregions;(d)Identifyanintellectualframeworktoevaluatethecurrentarrangementsforinternationalfinancialgovernanceandanyproposalsforchangingthesearrangements;and(e)Proposereformswithregardtoglobalfinancialgovernance.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)TheInstitutionsinGlobalFinancialGovernance:RegulatingtheGlobalFinancialSystem;(b)TheInstitutionsinGlobalFinancialGovernance:DevelopmentFinancing;and(c)ReformingGlobalFinancialGovernance.

GOVERNANCE OF PUBLIC FINANCE

Duration:5weeks|Fees:US$600|Language:English|Interaction:Instructor-moderated;peer-to-peerexchanges|CourseDates&Registration:www.unitar.org/pft/events

Background:Increasingly,countriesacrosstheworldareoptingfortheset-upofstate-independentinstitutionsresponsibleforoverseeingandenactingfiscaldiscipline.Thiscourseaimstoinstructparticipantsinthekeyspheresofthegovernanceofpublicfinance:discussingthesignificanceofpoliticallyindependentdecision-makingandtherelationshipbetweenfiscalirresponsibilityandinadequatemonitoringofpublicfinances,distinguishingbetweenthefactorsthatcausetheemergenceofdebtcrises,analysingtheinstitutionalstructuresoffiscalpolicyandgovernance,andevaluatingtheimpactofindependentmonitoringinstitutions.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Stateanddiscussthesignificanceandbenefitsofpoliticallyindependentdecision-makinginthegovernanceofpublicfinance; (b)Explaintherelationshipbetweenfiscalirresponsibilityandinadequatemonitoringofpublicfinances; (c)Distinguishbetweenthefactorsthatcausetheemergenceofadebtcrisis;(d)Analysetheinstitutionalstructuresoffiscalpolicyandgovernance;(e)Evaluatethefunctionsandimpactofindependentmonitoringinstitutions;and(f)Assesstheroleofindependentfiscalinstitutionsinavoidingdebtcrises.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)TheIssueofIndependenceinPublicPolicyandGovernance;(b)FiscalCrisesandtheCredibilityProblem;(c)MainInstitutionsandStructuresofFiscal

PolicyGovernance;and(d)TheRoleofIndependentFiscalInstitutionsinAvoidingDebtCrises.

INSTITUTIONS AND THE QUALITY OF PUBLIC POLICIES

Duration:5weeks| Fees:US$600| Language:Spanish| Interaction:Instructor-moderated;peer-to-peerexchanges|

Course Dates & Registration: www.unitar.org/pft/events Partner Organisation:EscuelaSuperiordeEconomíayAdministracióndeEmpresas(ESEADE)

Introduction: Thiscourseintroducestheconceptsbehindso-called“InstitutionalEconomics”,whichplacesanemphasisoncountries’governabilitystructuresaswellasonthedeterminingfactorsbehindtheirdevelopment.Thecoursewillanalysetheessentialelementstheinstitutionsneededfortheproperfunctioningofmarkets,aswellasthesocialmechanismsandstandardsbywhichsocialactionsareplannedandcoordinated.Alternativesolutionstoproblemsofthemarketandpolicyfailurewillbediscussedandreviewed.AnInstitutionalQualityIndexwillbecompletedusingdeterminantssuchasinvestment,creationofemployment,andimprovementofthequalityoflife.

Learning Objectives: Attheendofthecourse,participantsshouldbeableto:(a)Analyseconceptsrelatedtoinstitutionaleconomics;(b)Identifythesocialmechanismsforsatisfyingmarketandpolicyneeds;(c)Evaluatetheinstitutionalcompetenciesamongjurisdictionsorcountries,andexaminehoweachcountrycompetesintermsofinstitutionalquality;(d)Discusstheimportanceofinstitutionalqualityforpublicpoliciestosuccessfullyattaintheirobjectives;and(e)Proposenewpublicpoliciesappliedtothespecificcircumstancesofindividualcountries.

Topics Covered: Thecourseiscomposedofthefollowinglessons:(a)MarketsandInstitutions;(b)MarketFailures;(c)PublicPolicies;(d)InstitutionalSolutions; (e)GlobalisationandInter-institutionalCompetence; (f)AssessmentofInstitutionalQuality(Civic-Political); (g)AssessmentofInstitutionalQuality(Markets); (h)InstitutionalQualityIndex;(i)InstitutionsandInvestment;(j)InstitutionsandHumanDevelopment; (k)EconomicPolicy,StateStructureandDecentralisation;(l)AllocationofFunctionsatDifferentGovernmentLevels;(m)PublicPolicies:StandardsandMarkets; (n)VoluntaryActionsagainstPoverty;(o)PublicPoliciesandCompetence;and(p)PublicPolicies,TechnologyandEvolution.


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INTERNATIONAL PLAYERS IN PUBLIC FINANCE AND DEBT MANAGEMENT


Background:ThecourseonInternationalPlayersinPublicFinanceandDebtManagementaimstofurtherawarenessandbolsterunderstandingoftheorganisationsoperatingbothinternationallyandregionallyindealingwithmajorfinanceanddebtmanagementissues.Focusingprimarilyoninstitutionsthatconstituteimportantsourcesoffinancingfordevelopmentandusinganapproachgroundedininstitutionalanalysisandpoliticaleconomy,this5-weekcourseoffersparticipantsathoroughunderstandingoftheinstitutionalstructure,purpose,andfunctionsoftheseorganisationswhilealsoprovidingpolicyadvicetothegovernmentsofdevelopingandleastdevelopedcountries.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)ExplainthebackgroundandfunctionsoftheWorldBankGroupandtheInternationalMonetaryFund(IMF);(b)DistinguishtherolesoftheBankofInternationalSettlementsfromthatoftheOrganisationforEconomicCo-operationandDevelopment(OECD);and(c)EvaluaterespectivelytheUnitedNationsInstituteforTrainingandResearch(UNITAR),theUnitedNationsConferenceonTradeandDevelopment(UNCTAD),andtheUnitedNationsDevelopmentProgramme(UNDP)asinternationalplayersinpublicfinanceanddebtmanagement.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)TheWorldBankGroupandtheInternationalMonetaryFund(IMF);(b)TheBankforInternationalSettlementsandtheOrganisationforEconomicCo-operationandDevelopment(OECD);(c)TheUnitedNationsInstituteforTrainingandResearch(UNITAR)andtheUnitedNationsConferenceonTradeandDevelopment(UNCTAD);and(d)TheUnitedNationsDevelopmentProgramme(UNDP).

MANAGING PUBLIC FINANCE: INTERNAL AND EXTERNAL CONTROLS


Background:Thiscourseoffersaholisticoverviewofthecoreconceptsandtechniquesinvolvedinpublicfinancial

management.Assuch,this5-weekcoursediscussestheroleofinternalcontrolsandauditsystemsinconjunctionwiththatofexternalauditsinensuringefficiencyandintegrityinthemanagementofpublicfinance.Althoughspecificallydesignedandimplementedforpublic-sectorofficials,consultants,practitionersandstudentsofdevelopment,thiscourseisequallyworthwhileforthoselookingtoconsolidatetheirknowledgeofthemanagementofpublicfinance,orwhoseinterestslieineffectivegovernanceasameansofstrengtheningfiscaltransparency.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Discusstheconceptofpublicfinancialmanagementandrecognisethedifficultiesfacedbyvarioussectorsinensuringandmaintainingfiscaltransparencyandeffectivemanagement;(b)Describethelegalandinstitutionalframeworkrequiredtoensureeffectivepublicfinancialmanagementandthemajorprovisionscoveredtherein;(c)Distinguishtheinternalcontrolsandauditsystemsthatareapplicabletotheparticipants’respectivegovernmentsand/orcountries;(d)Explaintheroleofcontemporaryinternalcontrolsystemsandinternalauditsthatwillguaranteeefficientandeffectivemanagementofgovernmentrevenuesandexpenditures;and(e)Assesstheapplicabilityorefficiencyofexternalauditingandperformanceevaluationinpublicfinancialmanagement.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)IntroductiontoEffectivePublicFinancialManagement;(b)TheLegalandInstitutionalFramework;(c)InternalControlandInternalAudit;(d)InternalControlandAuditFrameworkinDecentralisation;and(e)ExternalAudit,PerformanceMeasurementandEvaluation

PUBLIC FUNDS AND THEIR AUDITING


Background:Theworkingsoffinancialmanagementorganisationsareofparticulartopicalimportanceinlightofthecurrenteconomiccrisis.ThecoursePublicFundsandTheirAuditingoffersinvaluableinsightintotherolesandfunctioningoffinancialcontrolinassociationwiththeimplementationoffiscalpolicyandpublicfundsmanagement.Thecurriculumprovidesaconcisepictureoffourinterconnectedtopicsencompassing:publicpolitics&thefunctioningofpublicfinance,theauditsandtheensuringofresources,therealisationofexpenditures,

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andthefinancingofthecentralgovernment’sbudget.Thecourseexplainsthestabilisingroleoffinancialcontrolthroughauditing,somethingthatensuresgreatersecurityininternationalfinancialtransactions.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Definetheroleofthestateandpublicpoliticsinrealizingthegoalsoffiscalpolicyandpublicfundsmanagement;(b)Explainthebasiccriteriafortransparencyandaccountabilityofpublicfunds;(c)Recognise“goodgovernance”practicesinmanagingthecentralbudget;(d)Explainwithprecisiontheinternalandexternalfinancialcontrolmechanismsandmanagementofpublicfunds;(e)Managetheimplementationoftechnicalandmethodologicalsolutionsandtechniquesoffiscalpolicyandcontrol;and(f)Determineeffectivefinancialmanagementandauditschemesthatmayminimizecorruptionofpublicfundsandstabilisetheroleofglobalprofessionalorganisationsinmanagingpublicfunds.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Principlesofthefunctioningofpublicfundsmanagement;(b)Thefunctioningofthepublicfinancesystem;(c)Theimplementationoffiscalpolicyanditscontrol;and(d)Themissionoffinancialauditsintheglobal,crisisburdened,worldofthe21stcentury.

Financial Negotiations

DRAFTING AND NEGOTIATING CLAUSES OF LOAN AGREEMENTS


Background:Oftenduetoalackofnegotiatingexperienceorunderstanding,developingcountriesareconstrainedintheirabilitytoinfluencetheoutcomeofloanagreementswithinternationallenders-thelatterbeingattimespresumednottosubscribetotheviewsoftheborrower.Consequently,thiscourseaimstoexplorethepossiblewaystoeffectivelydraftloanagreementswhicharereinforcedbystrongnegotiatingclauses.Uponcompletionofthis7-weekcourse,participantsshouldbeabletoenumerateandexplaineachofthevarioustypesofnationalandinternationalloanagreementsaswellasthepurposeandintentionsunderlyingdifferentclausesofloanagreements.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Recognisetheimportanceofforeigncapitalandthevariousmethodsofraisingsuchcapital;(b)Identifytheinternationallendingagenciesandhowtonegotiatewitheachofthem; (c)Explainwithclaritythevariousprovisionsofnationalandinternationalloanagreementsandthepurposeandintentionbehindvariousclausesofloanagreements;and(d)Prepareadraftloanagreementwitheffectivenegotiatingclauses.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Methodsofflowofforeigncapital; (b)LoanAgreementsofLenders;(c)FinancialObligations;(d)Covenants;(e)EventsofDefault;(f)ResolutionofDisputes;and(g)GuaranteeAgreements.

NEGOTIATING FOR CONFLICT AND DISPUTE RESOLUTION


Background:Negotiationconstitutesacomplexsetofinteractionsbetweendifferentindividuals,interestgroupsand/orparties.Addtothisthedimensionof‘conflict’,andindividualsmayfindthemselvesonverychallengingterrain.This4-weekcourseonNegotiatingforConflictandDisputeResolutionisaneye-openerintotheintricateprocessesinherentwithinthistopic.Further,itstrivestoprovideparticipantswithaprofoundunderstandingofhowtoapplycomplexnegotiationtechniquesinsituationsofconflict.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Recognisetheincidenceofaconflict;(b)Appraisethedegreeofaconflict;(c)Describearesolutionnecessaryinagivendispute;and(d)Applytheproperprocedureandtoolforadisputeresolution

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)OverviewofConflict;(b)ProceduresforResolvingDisputes;(c)IntroductiontoNegotiation;(d)PositionalandInterest-basedBargaining;and (e)CommunicationforDecisionMakersdealingwithconflict.

NEGOTIATION OF FINANCIAL TRANSACTIONS



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Background:Formanydevelopingcountries,ascarcityofexternalfundsanddevelopmentassistance(oftenintheformsoftradeagreementsandaid)alongwithgreaterconditionalityandaplethoraofloandocumentationrequiregovernmentofficialsandfinancialnegotiatorstohaveabetterunderstandingofinternationalfinancialmarketsandcapitalflows.ThiscourseonNegotiationofFinancialTransactionsseekstoenhanceparticipants’knowledgeandcomprehensionoftheglobalnegotiatingenvironmentinpreparationforbilateralandmultilateralnegotiations,particularlyinthecontextoftheinternationalregulatoryframework.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Demonstratefamiliaritywiththeglobalnegotiatingenvironment;(b)Describethemaincharacteristicsofinternationalfinancialmarketsandfinancialflows;(c)Recognisewhichsourceoffundscaterstoaparticularpurpose;and(d)Appraisethecontributionoflawyersinfinancialtransactions.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)OfficialSourcesofFunds;(b)CommercialSourcesofFunds;(c)DebtRenegotiations;and(d)TheRoleoftheLawyerinFinancialTransactions.

Public FinancialManagement

FUNDAMENTALS OF BANKING


Background:Theprimaryfunctionofabankistoactasanintermediarybetweenkeysectorsoftheeconomyincludinghouseholds,firms,financialinstitutions,thestateandforeigngovernments.Participantswilllearnthatthestructureofthebankingsystemrendersbanksinherentlyunstable.Althoughdepositinsurancefromthecentralbankreducesthelikelihoodofbankruns,thepotentialriskofmoralhazardrequiresgreatergovernmentregulation.This5-weekcourseservesasanintroductiontoprivatesectorbanking,asopposedtopublic-sectorbankinginvolvingthestateandthecentralbank.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Describethecontextofbanking:thefinancialsystem;(b)Explaintheessenceofbanking;(c)Describethecreationofmoney,themoneyidentity,andthemeaningandsignificanceofbank

liquidity;(d)Evaluatethevariousriskswithwhichbankscontend;and(e)Discussthesignificanceandelementsofbankingregulation.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Essenceofbanking;(b)Moneycreation;(c)Riskinbanking;and(d)Bankmodelsandprudentialrequirements.

FUNDAMENTALS OF CENTRAL BANKING AND MONETARY POLICY


Background:Thisintroductorycourseoncentralbankingandmonetarypolicyistargetedspecificallyatofficialsworkingforgovernmentministriesandagenciesdirectlyinvolvedinfinancialpolicy-setting.Assuch,the5-weekcourseprovidesin-depthanalysisofthecentralbank’sroleinoverseeingandmonitoringtheactivitiesofcommercialandinvestmentbanksandusingmonetarypolicyi.e.thesettingofinterestrates,asaninstrumentforcontrollinginflation.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Discussthecontextofcentralbanking;(b)Explaindetailsbehinditsfunction:bankerandadvisortogovernment;(c)Describethedetailsofthefunction:managementofthemoneyandbankingsystem;(d)Describemoneycreationandtheframeworkofmonetarypolicy;and(e)Discussthemodelsofmonetarypolicyandthetransmissionmechanism.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Essenceofcentralbanking;(b)Banker&advisortogovernment;(c)Managementofmoney&bankingsystem;(d)Moneycreation&frameworkofmonetarypolicy;and(e)Monetarypolicy:models&transmission

FUNDAMENTALS OF LIFE-CYCLE AND INVESTMENTS


Background:Life-cycleinvestingembodiesthelifestylechoicesfacedbyanindividualthroughouthisorherlife,

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andtheprudentcourseofactionwhichcanleadtoearlyachievementoftheelusivefinancialsecuritygoal,FSG.Throughembarkingonthiscourse,participantswillcometobeawarethattheFSGisessentialtounderstandingtheprinciplesofinvestingamidstdivergingeconomicclimates,aswellasthesignificanceofportfoliomanagement,diversificationandsecurityvaluation.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Describethefourphasesoftheindividual’slife-cycle;(b)Explainthecodes/rulesofeachlife-cyclephase;(c)Describethefinancialsystemfromwhichthethreemainassetclassesarise;(d)Examinetheultimateinvestmentinstrumentsandtheinvestmentvehicles;and(e)Discusstheprinciplespertainingtoinvestments.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Fourphasesofthelife-cycle;(b)Thefinancialsystem;(c)Investmentinstruments;and (d)Investmentprinciples.

FUNDAMENTALS OF MONEY CREATION


Background:Oneofthegreatmysteriesofthefinancialsystemandofthebankingsectoratlargeisthecreationofnewmoney.Bankdeposits,whichaccountforthelargestcomponentofthestockofmoney,arecreatedinessencethroughadditionalaccountingentries.Servingasanintroductiontomodernmoneycreation,thiscourseseekstoshedlightonthecentralbank’sroleininfluencingthequantityofmoneythroughmonetarypolicy.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Discussthehistoricalbackdroptomoneycreation;(b)Explainmodernmoneycreation;(c)Describethemeasurementofthemoneystockandthecommonfallaciesrelatedtomoneycreation;(d)Differentiatethereserverequirementasbeingjustoneofmanyfactorsthatimpactonbankliquidity;(e)Explainthemanagementofbankliquiditybythecentralbankasoneoftheprimaryoperationaltoolsofmonetarypolicy;and(f)Discussmonetarypolicyandthetransmissionmechanism.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Introductionandearlyhistory;(b)Banknoteanddepositmoney;(c)Financialsystemandmoneymarket;(d)Moneycreation:sourcesandfallacies; (e)Bankliquiditymanagement;and(f)Monetarypolicy.

FUNDAMENTALS OF THE BOND MARKET


Background:Whilethemoneymarketisseentobethemarketforshort-termmarketabledebtinstruments,itisthebondmarketwhichisperceivedasthemarketforlong-termmarketabledebtinstruments.Thebondmarketembracesthemechanismsandconventionsintendedfortheissuingof,investingin,andtradingofmarketableinstrumentscorrespondingtothelong-termundertakingsoftheissuers.Throughthiscourse,participantswillbeexposedtothebroaderfinancialsystemwherediscussionsofthebondmarket,itsstructure,instrumentsandmathematicsarebroughttothefore.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Distinguishbetweenabondmarketandamoneymarket;(b)Describethevariousinstrumentsandtoolsofthebondmarket; (c)Describethefivegroupsofbondmarketissuersandtheinvestorgroups;(d)Determinetheexistingbondmarket’sorganisationalstructureintheirrespectivecountries;and(e)Estimatethetimevalueofmoney.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)ContextandEssenceoftheBondMarket; (b)IssuersandInvestors;(c)Instruments; (d)OrganisationalStructure;(e)Mathematics;and (f)Tools.

FUNDAMENTALS OF THE DERIVATIVE MARKETS


Background:Inbanking,thederivativesmarketcanbedissectedintoamarketforexchangetradedderivativesandthatforover-the-counterderivatives.Derivativescorrespondtofinancialinstrumentsthatmaytaketheformofcontracts,futuresoroptions.Indeed,thelegalnatureoftheseproductsvariestremendously,asdothewaysinwhichtheyaretraded.Takingatheoreticalapproach,thisfoundationcourseendeavorstointroduceparticipantstothenatureofderivativesmarketsandtheirfunctionality.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Describetheelementsthatcomprisethederivativemarkets;(b)Explainthe


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characteristicsofthevarioustypesofforwardcontracts;(c)Definetheaspectsandsignificanceoffuturesmarkets;(d)Prepareacontracteitherforinterestrate,currency,equity,andcommodityswaps;and(e)Calculatethefairvaluepricesofthederivativeinstruments.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)ContextoftheDerivativeMarkets; (b)Forwards,Futures,Swaps,Options;and(c)OtherDerivatives.

FUNDAMENTALS OF THE EQUITY MARKET


Background:Theequitymarketisaccordedgreatimportanceinprovidingbothshortandlong-termcapitalforinvestment.Withfinancialglobalisationbecomingevermorepervasiveoverthelastfewdecades,greaterintegrationoffinancialsystemshasledtogreatercross-bordercapitalflows,tighterlinksamongfinancialmarkets,andagreaterpresenceofforeignfinancialfirmsworldwide.Thiscourseisaprimerontheequitymarketandstrivestoaugmentparticipants’understandingofthissubjectareathroughrobusttrainingmodulesaccompaniedbyconcretereal-worlddiscussions.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Statethedefinition,context,andessenceoftheequitymarket;(b)Differentiateordinaryandpreferencesharesasinstrumentsoftheequitymarket;(c)Analysetheownershipdistributionofequitiesinthegenericmarketandanalysereturnsandrisks;(d)Compareandcontrasttheeconomicfunctionoftheprimarymarketfromthesecondarymarket;and(e)Explainthethreeapproachestovaluationofequitynamely:balancesheetvaluation,discountedcashflow,andrelativevaluationapproach.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)ContextandEssence;(b)Instruments; (c)Investors;(d)PrimaryandSecondaryMarket;and (e)Mathematics(Valuation).

FUNDAMENTALS OF THE FINANCIAL SYSTEM


Background:Asanintroductiontofinanceandbanking,thiscourseexaminesthemodeloftheglobalfinancialsysteminsixkeyareas,notably:lenders&borrowers,financialintermediaries,financialinstruments,financialmarkets,moneycreation,andpricediscovery.ThiscourseontheFundamentalsoftheFinancialSystemoutlinestheframeworkthatcomprisesthenon-financialsurpluseconomicunits(lenders)andthenon-financialdeficiteconomicunits(borrowers).Therationaleforthiscourseisthatanunderstandingofthefinancialsystemisessentialforparticipantsworkinginthefinancialsector,beitintheprivateorpublicsphere.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Discusstheultimatelendersandborrowersofthefinancialsystem; (b)Explaindirectandindirectfinancingandtheroleoffinancialintermediaries;(c)Describethevariousfinancialintermediaries;(d)Differentiatethedifferentfinancialmarketsanddescribethefacetsofpricediscovery;and(e)Discussmoneycreationasafunctionnotofthereserverequirementbutofnewbanklending.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Lendersandborrowers;(b)Financialintermediaries;(c)Financialinstruments;(d)Financialmarkets;(e)Moneycreation;and(f)Pricediscovery.

FUNDAMENTALS OF THE FOREIGN EXCHANGE MARKET


Background:Theforeignexchangemarket,morecommonlyknownas‘FOREX’,assistsinfacilitatinginternationaltradeandinvestment.FOREXembodiesamediumwherebyeconomicagentsareabletoconvertonecurrencyintoanotherthroughthebuyingandsellingofcurrenciesontheforeignexchangemarket.ThiscoursecoversmanyfacetsoftheFOREXmarket,fromitsorganisationalstructure,crossrates,spreads,quotationconventionsandtheroleofexchangeratestoitsparticipants,andtherelationshipwiththebalanceofpaymentsandthemonetarystock.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Recognisethebasicsoftheforeignexchangemarket;(b)Describethecharacteristicsoftheforwardmarketandthefourtypesofforwardcontracts,namely:outrightforwards,FOREX

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swaps,forwards-forwards,andoptiondateforwards; (c)Illustratethedifferencesbetweenandamongcurrencyfutures,currencyoptions,andcurrencyswaps;(d)ExaminetherisksintheFOREXmarket;(e)DeterminetheparticipantsintheFOREXmarketandtheirrespectiveroles;and(f)AppraisetheeffectoftheFOREXmarketonmoneystockandmoneymarketliquidity.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)FOREXMarket:Essence;(b)Derivatives:Futures,OptionsandSwaps;(c)RisksotherthanCurrencyRisk;otherRiskManagementTools; (d)Participants;and(e)EffectonMoneyStock;MoneyMarketLiquidity.

FUNDAMENTALS OF THE MONEY MARKET


Background:Themoneymarketconsistsoffarmorethanmerelythatintendedforshort-termdebtinstruments.Banklendingratesinfluencethedemandforcredit,whilegrowthinthelatterconstitutesthemaindriverofthegrowthrateofthemonetarystock.FundamentalsoftheMoneyMarketwillprovideinsightintotheroleofthecentralbankinmoneycreation,theworkingsoftheinternationalfinancialsystem,andthecoreelementsofwhichthemoneymarketiscomposed.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Discussthehistoricalbackdroptomoneycreation;(b)Explainmodernmoneycreation;(c)Describethemeasurementofthemoneystockandthecommonfallaciesrelatedtomoneycreation;(d)Differentiatethereserverequirementasbeingjustoneofmanyfactorsthatimpactonbankliquidity;(e)Explainthemanagementofbankliquiditybythecentralbankasoneoftheprimaryoperationaltoolsofmonetarypolicy;and(f)Discussmonetarypolicyandthetransmissionmechanism.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Introductionandearlyhistory;(b)Banknoteanddepositmoney;(c)Financialsystemandmoneymarket;(d)Moneycreation:sourcesandfallacies; (e)Bankliquiditymanagement;and(f)Monetarypolicy.

ECONOMICS OF THE PUBLIC SECTOR


Background:Economiesthatareneitherpurelymarket-orientatednorstate-planned,butwhicharecharacterizedbyacombinationofboth,areknownasmixedeconomies.Attaininganappropriatebalancebetweentheextentoffree-marketforcesandthedegreeofstateinterventionisinstrumentaltoeconomicsuccess.Thecentralquestionposedinthiscoursereflectsthisdilemma.Drawingoncasestudiesfromemergingmarketsanddevelopingcountries,participantswillbetaughttoevaluatethesocialandeconomicjustificationsforgovernmentinterventionaswellastoassessthevalidityofthenumerousargumentsinfavourofprivatisation.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Analyseanddescribewhatcommunitiesexpectoftheirrespectivecountries’economicsystems–what,holistically,thekeyperformanceareasofanyeconomyare;(b)Describethedegreeoflegitimacytowhichthestateplaysarolewithregardtoeachofthesekeyperformanceareasintheirrespectivecountries;(c)Formulateadviceonthepolicyinstrumentsatthedisposalofthestateinordertoperformitslegitimaterolewithregardtoeachofthekeyperformanceareas;(d)Formulateadviceontheanalyticaltechniquesatthedisposalofthestatewhendecisionsaretakenwithregardtoundertakingmajorpublicsectorprojectsofacapitalexpenditurenature;and(e)Describeandevaluatetheprinciplesunderlyingthedevolutionofpowerincountrieswheredecentralisedgovernmentsareconstitutionallyprovidedfor.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Thekeyperformanceareasofaneconomyandthemainfailuresandsuccesses;(b)Thecaseforstateinterventioninrespectofeachofthefourkeyperformanceareasandthechoiceofinterventionistpolicyinstruments;(c)Overviewofthesystemsanalysistechniquetoevaluatepublicsectorcapitalprojects; (d)FundamentalsofTaxation;and(e)FiscalFederalism.


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LEADERSHIP SKILLS FOR FINANCE MANAGERS


Background:Leadershipistheabilitytocreateanenvironmentwhereeveryoneknowswhatcontributionisexpectedandfeelstotallycommittedtodoingagreatjob.Thiscourseprovidesparticipantswithinformationandunderstandingofthekeyconceptsofleadership,itsdifferentstyles,theoriesandskillsthatwillenablethemtobecomesuccessfulandmoreeffectiveleaders.Thecoursewillsupportandfacilitatethedevelopmentofknowledge,skills,andattributesofleadership,enablingtheparticipantstoaddressvariouschallengesthattheymayencounterasaleader.Successfulcompletionofthiscoursewillenableparticipantstoclearlyidentifytheskillsthatleadtoempowerment,toanalysetheirpersonalstrengths,torealisetheimportanceofhavingavision,andtosettheirgoalsandcreateanactionplan.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Distinguishthevarioustypesofleadershipstylesandunderstandhowtheyshouldbeadaptedtofittherequirementofasituation;(b)Explainthemajorapproachestoleadershipandtheattributesofaleader;(c)Identifythevariousleadershipskillsandenhancetheirownleadershipcapabilities; (d)Describehowtobuildtheirleadershipcompetenciesandsuccessfullycopewiththechallengesintheirleadershiproles;(e)Identifyanddevelopfutureleadershipwithintheirorganisation/staffmembers;and(f)Constructaclearpictureofthedifferentattributesandleadershipstylesofsomegreatleadersthroughexamplesoftheirleadershiproles.

Topics Covered: Thisonlinecoursewillcoverthefollowingmodules:(a)UnderstandingLeadership;(b)TakingupaLeadershipRole;(c)LeadingthroughChallenges;(d)DevelopingLeaders;and(e)ExamplesofLeaders

PRINCIPLES OF CENTRAL BANK RESERVE MANAGEMENT


Background:ForeignexchangereservesheldbytheCentralBankareamajornationalassetandaprimarytoolofmonetaryandexchangeratepolicy.Thesheersize

ofreservesmakereservemanagerssomeofthemostimportantplayersintheglobalfinancialmarket.Thisisinadditiontotheinfluencetheyhave,intheirdomesticmarkets,onthevalueoftheircurrencyoroninterestrates.Thiscoursewillpresenta360degreeviewonreservesmanagementandwillcoverissuessuchas:whycentralbanksholdFXreserves,howmuchtheyshouldhold,investinginvariousassetclasses(bonds,equitiesetc),managingliquidityincasethecentralbankneedstousethereserves,activelymanagingportfolios,andusingexternalmanagers.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Describehowreservesmanagementworks;(b)Recognisethestrategicissuesinvolvedinsettingacountry’sofficialreservespolicy;(c)ExplainwhycentralbanksholdFXreservesandhowmuchtheyshouldhold;and(d)Discussinvestinginvariousassetclasses(bonds,equities,etc.)andmanagingliquidityincasethecentralbankneedstousethereserves.

Topics Covered: Thisonlinecoursewillcoverthefollowingmodules:(a)IntroductiontoReservesManagement;(b)Benchmarks;(c)Liquidity,Compliance&theMiddleOffice;and(d)ActiveManagement&theUseofExternalManagers.

Trade andIntellectualProperty

AGRICULTURE, BIOTECHNOLOGY AND INTELLECTUAL PROPERTY

Duration:5weeks| Fees:US$800| Language:Spanish| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration: www.unitar.org/pft/events Partner Organisation:UniversidadAustral.

Background:Thiscourseaimstointroducethefieldofagriculturalbiotechnology,withspecialemphasisplacedonhowtoprotecttheoutcomesofresearchandtechnologythroughintellectualpropertyinstruments.Thecoursefocusesonbiotechnologicalinnovations,suchasnewvegetalvarieties,andtheirprotection,forexamplethroughpatents.Thecourselooksatvegetablebreeder’srightsandanalysesthegenerallegislationaswellasthelimitstowhichitisbound.Theeconomicimpactofintellectualpropertyonbiotechnologyinnovationsisalsocovered.

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Learning Objectives:Attheendofthecourse,participantsshouldbeableto:(a)Recognisetheproblemsofintellectualrightsinrelationtoagricultureandagriculturalbiotechnology;and(b)Applytheknowledgeacquiredinthislegalfieldtohelpimprovetheintellectualpropertyrightsusageintheirprofessionalsector.

Topics Covered: Thecourseiscomposedofthefollowingmodules:(a)Protectionofvegetalbiotechnologyinnovations;(b)Juridicalprotectionofvegetalbiotechnologyinnovationsthroughpatents; (c)Thebreeder’srights;(d)Thelimitstobreeder’srights;(e)Economicanalysisofintellectualpropertyrightsinthefieldofvegetalbiotechnologyinnovations.

CUSTOMS AND ENTERPRISES: ALLIANCE BETWEEN PUBLIC AND PRIVATE SECTORS FOR FACILITATING AND ASSURING GLOBAL TRADE

Duration:5weeks| Fees:US$600| Language:Spanish| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration: www.unitar.org/pft/events Partner Organisation:InstitutodeEstudiosdelasFinanzasPúblicasArgentinas(IEFPA)

Background:ThiscoursepresentsthebenefitsofnewcustomsregimeswhicharebasedontheCustoms-Enterprisealliance,analliancethattheWorldCustomsOrganization(WCO)believestobeoneofthemilestonesforfacilitatingandassuringglobaltrade.TheseregimespresentnotableadvantagesforCustomsbyallowingabetterallocationofdisposableresourcesforfulfillingtheirlegallyassignedfunctions,andalsoforEnterprisesastheyrepresentsubstantivetimeandcostsavings.Theseadvantageswillbediscussedinthiscourse.

Learning Objectives:Attheendofthecourse,participantsshouldbeableto:(a)Definetheskillsnecessaryinordertoproduceananalysisoftherelevantstandardsandcustomstoolsinoperationintheircountry,aswellaswaystodevelopandimprovethem;(b)Identifytherelevantsimplifiedregimesforinitiatinginternationaltradeactivities;(c)ExamineproposalsandnationalexperiencesofcustomsmanagementbasedontheArgentineanlegislation;(d)Developproposalsforstandardsfortheirowncountries.

Topics Covered: Thecourseiscomposedofthefollowingmodules:(a)GeneralProceduresofImportsandExports:SimplificationofCustoms;(b)SimplificationoftheCustomsStatement:SimplifiedExportsandImportsRegime;(c)Simplificationbydirectdebit:Consolidation

RegimeinExportsPlants:CustomwithintheEnterprise;(d)Newinternationaltrends:theStandardsFrameworkoftheWorldCustomsOrganization(WCO)andtheReliableOperatorsCustomsSystem.

FOOD SECURITY: CAN TRADE AND INVESTMENT IMPROVE IT?

Duration:4weeks| Fees:US$600| Language:English| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration: www.unitar.org/pft/events | Partner Organisation:WorldTradeInstitute(WTI)

Background:Themyriadpossiblecausesoffoodinsecurityarecomplexandmultifaceted.Otherthanthechallengesinherentinensuringareliablesupply(orproduction)offoodmaterials,thereexistsatleastthreemacroissuesthwartingthelong-termestablishmentofglobalfoodsecurity.Thesenotablyencompassclimatechangeandwatershortages,theproblemassociatedwith‘peakoil’and‘peakphosphorus’,aswellasprotectionistpoliciesresultinginpricedistortions.Byfirstlysketchingaconceptualframeworkoffoodsecurity,thiscourseproceedstoaddressthecentralquestionthatis:if,andunderwhatconditions,tradeliberalisationandinvestmentprotectiontreatiescontributetofoodsecurityonaglobal,national,andregionallevel.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Discusstheconceptandcausesoffoodinsecurity,therespectiverolesofagriculturalproduction,tradeandinvestment,andthereal-worldimpactofpolicymeasures;(b)Analysetheincentivesanddisincentives,fromafoodsecurityperspective,ofthepresenttradeandinvestmentrulesandtheircontradictionswithrelevanthumanrightsprovisions;(c)AssessongoingWTOandothernegotiationsbasedonthepresentregulatoryframeworkanddevelopmentsintheglobalfoodindustry,includingnationalandregionalpoliciesandinstruments;and (d)Proposesolutionsforthefoodsecurityproblemsin/oftheirowncountryandasaresultofagriculturalpoliciesinothercountries.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Cyclicalandstructuralcausesoffoodinsecurity,withafocusontradeandinvestmentissues.Problemidentificationbasedonreal-worldsituationsandexamplesprovidedbyparticipants;(b)The(fragmented)frameworkofhumanrightsandtradeandinvestmentrules;and(c)Anewconceptforfoodsecurity,withsolutionsatnationalandinternationallevels.


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FUNDAMENTALS OF BUSINESS FINANCE


Background:Thiscourseisdesignedforbothofficialsandbusinessmenwhoareinterestedinlearningthebasicsofinvestmentsandfinanceasneededinamodernenvironment.Itrepresentsadeparturefromavailableacademiccoursesasitisdirectlycentredonthetypicalchallengesthatarefacedeverydaybyofficialsinvolvedwithtradepromotionandbusinessdevelopmentaswellasyoungentrepreneurs.Itcoversnotionsoffinanceandaccountingsufficienttounderstandbalancesheets,shortandlong-termcredit,equityandinvestments,cashaswellassustainableprofits,returntoshareholders,areasoffinancialrisksandavailableinsurances.Italsoprovidesanideawheretolookforsourcesoffunds,whattoaskandfinallyunderstandoffersandcontracts.Thispracticalcourseonthefundamentalsofbusinessfinancewillallowparticipantstofaceallthosebusinesssituationsinwhichfinanceplaysarole,letitbeforstartingabusiness,acquiringaproductiontoolorcontributingtothepromotionofacountrybusinessenvironment.

Learning Objectives:Attheendofthecourse,theparticipantsshouldbeableto:(a)Explainwithaccuracythemainissuesrelatingtomodernbusinessfinancesuchasbutnotlimitedto,startingabusiness,acquiringaproductiontool,orcontributingtothepromotionofacountrybusinessenvironment;(b)Identifytheessentialaccountingneedsincludingthepreparationofcashflow,profitandloss,balancesheets,andthebasicsofforecasting,targetandratios;(c)Interpretfinancial,economic,andsocialresults;(d)Analyzeexistingfinancialneeds-shortvs.long-termcredit,equity,investments,cashaswellassustainableprofits,returntoshareholders,areasoffinancialrisksandavailableinsurances,financingtools,andbankingproducts;and(e)Analyzeapresentationandbusinessplanwithstrategiesonhowtodealwithbanks,ordevelopaplanonhowtorenegotiateexistingcontracts.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Understandingandplanningabusinessanditsfinancialimplications;(b)Examiningfinancialoptionsandidentifyingsourcesoffinance;(c)Dealingwithfinancialinstitutions;and(d)Financialresults,economic,socialResults:protectivemeasurestoweatherthecrisis.

INTELLECTUAL PROPERTY AND CULTURAL INDUSTRIES

Duration:5weeks| Fees:US$800| Language:Spanish| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration: www.unitar.org/pft/events Partner Organisation:UniversidadAustral

Background:ThiscourseaimstoprovideanintroductiontoissuesrelatedtoIntellectualPropertythathaveaneffectonculturalindustries.Throughoutthefivemodulesofthecourse,thebasicaspectsofIntellectualPropertywhichinfluencetheculturalfield,aswellasthetechnologicaltransformationwhichhasoccurredinthelastdecadeswillbecovered.

Learning Objectives:Attheendofthecourse,participantswillbeableto:(a)RecognisethoseissueslinkedtoIntellectualPropertythatmayhaveaneffectonculturalindustries;(b)Developbasicunderstandingregardingcopyrightprotectionandrelatedrights; (c)Identifytraditionalandnewbusinessmodelsforrelevantindustries;and(d)Analysetheeffectofnewtechnologiesontheculturalenvironment.

Topics Covered: Thecourseiscomposedofthefollowingmodules:(a)IntellectualPropertyRightsandCulturalIndustries;(b)Newtechnologiesandtheirimpactonculturalindustries;(c)Audio-visualindustries;(d)Themusicindustry;and(e)Newculturalexpressions.

INTRODUCTION TO INTERNATIONAL INTELLECTUAL PROPERTY LAW

Duration:5weeks| Fees:US$600(English),US$800(Spanish)| Language:English,Spanish*| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration:www.unitar.org/pft/events

*EnglishandSpanishversionsareconductedseparately.SpanishversionisconductedinpartnershipwithUniversidadAustral.

Background:Broadly-speaking,intellectualpropertycorrespondstocreationsofthemindthatcanbetransformedintotangibleobjectssuchassymbols,names,images,designs,inventionsaswellasliteraryandartisticworks.Intellectualpropertylawreflectsthesetoflawsprotectingthecreatorsoftheseworks.Asnationalboundariesbecomemorepenetrablegivenglobalisation,thecorrespondingneedforcopyrightprotectionandpatentlawintheinternationalcommunitygrows.

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Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Defineinaveryclearmannertheroleofintellectualpropertyinthemoderneconomy;(b)Discussthefundamentalsofcopyrightprotectionandthelawspertainingthereto;(c)Examinethefundamentalsofpatentlawintheinternationalcommunity;and(d)Explainthetrademarklaw,whatcanbetrademarked,andthevarioustreatiesandconventionswhichcoverthelawintheinternationalrealm.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)UnderstandingIntellectualPropertyLaw; (b)Copyrights;(c)Patents;and(d)Trademarks.

INTRODUCTION TO PRIVACY AND DATA PROTECTION


Background:Thedivergenceofviewsonprivacyregulationhasledtocomplicationsintheinternationalcommunity.Manyindividualsremainuncertainaboutthescopeoftheirprivacyrightsandhowtoprotectthem.Thisfoundationcoursestrivestoshedlightoncurrentprivacyanddataprotectionmeasuresadoptedworldwide.Thiscoursewillincorporatetopicalissuesinclassdiscussions,andtherebymotivatestudentstodevisepossiblesolutionsaddressingthemostpressingissues.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Definetheconceptsof“privacy”and“dataprotection”andexplaintheroleoftheseconceptsinthemoderninterconnectedglobaleconomy;(b)ComparetheAmericanandCanadianapproachestoprivacyprotectionandexplaintheadvantagesanddisadvantagesofthedifferentapproaches;(c)ExplainhowprivacyanddataprotectionareregulatedintheEuropeanUnion;(d)Discusstrendsinprivacyanddataprotectionthroughoutkeyworldregions,includingSouthAmerica,AfricaandAsia;and (e)Examinetheparticularchallengesfacedbycountriesinthedevelopingworld,astheyworktoprotectindividualprivacyrights,whilealsofacilitatingthegrowthofelectroniccommerce.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)IntroductiontoPrivacyandDataProtectionLaw;UnitedStates(Part1);(b)TheUnitedStates(PartII); Canada;(c)Europe;and(d)OtherWorldRegions.

MANAGED MOBILITY: TRADE, MIGRATION AND LABOUR MOVEMENT

Duration:4weeks| Fees:US$600| Language:English| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration: www.unitar.org/pft/events | Partner Organisation:WorldTradeInstitute(WTI)

Background:Theoverarchingaimofthis4-weekcourseonManagedMobilityisforgovernmentofficials,specialists,andtheresearchcommunitytogainanoverviewofthevariousbilateralandmultilateraltreatiesandagreementsgoverninglabormigration.Thecourseaccordsparticularattentiontothetreatmentofimmigrationandemigrationwithrespecttotradeagreements,drawinglessonsfromanumberofnewsoftlawinstruments-forexampletheGlobalCommissiononInternationalMigration(2005)-inwrappingupitsanalysisoflabourmobilitymanagement.

Learning Objectives:Attheendofthecourse,theparticipantsshouldbeableto:(a)Identifythedifferentinternationalinstitutions,multilateraltreaties,andbilateralagreementsgoverninglabourmigration; (b)Discussthecurrenttreatmentoflabourmobilityintradeagreements(theso-calledMode4ofGATS)andthevariousreformproposalsmade;(c)AnalysethereasonsbehindthelackofmeaningfulMode4commitmentstodate;and(d)RevieweconomicpartnershipagreementsfortheirregulatoryadvancesoverMode4ofGATS.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)LabourMigrationandTrade:LegalandPoliticalEconomicPerspectives;(b)LiberalizingTemporaryLabourMigration:GATSMode4;and(c)LabourMigrationinFTAsandbilateralmigrationagreements.

MULTILATERAL TRADE NEGOTIATIONS: TIPS AND TECHNIQUES


Background:PriortotheUruguayRound,concludedinDecember1993,developingandtheleastdevelopedcountriesplayedonlyamarginalroleinmultilateraltradenegotiations,andwerelimitedintheirnegotiatingpowerandunderstandingoftherulesandregulationsgoverningthesetradetalks.Although‘thirdworld’participantshavesincebecomemoreactivelyengagedintheprocess,greaterprogressistobemade.Indisseminating


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knowledgeontheWTOframework,aswellasthevariousskills&techniquesrequiredforeffectivenegotiation,thiscourseservestobetterpreparedelegatesinbecomingequalpartnersinthenegotiationprocess.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Differentiatebetweenbilateralandmultilateraltradenegotiations;(b)IllustratehowmultilateraltradenegotiationsintheWTOaredone;(c)Examinetheproblemsfacedbyboththedevelopingandtheleastdevelopedcountriesasregardsmultilateralnegotiations;(d)Formulateasoundnegotiationstrategy;(e)Analysethesignificanceofdatarequiredforamultilateraltradenegotiation;and(f)AssessvariousissuesthatmayariseduringnegotiationprocessesrelatedtoWTOAgreementssuchasagriculture,sanitaryandphytosanitarymeasures(SPS),technicalbarrierstotrade(TBT),trade-relatedaspectsofintellectualpropertyrights(TRIPS),andtradeinservices.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)TheConceptofTradeNegotiations:AnOverview;(b)GeneralIntroductiontoWTONegotiations;(c)MultilateralTradeNegotiations:StrategicPlanningandPreparation;and(d)InformationRequirementsinaNegotiationProcess

PREPARING AND CONDUCTING SERVICES NEGOTIATIONS

Duration:4weeks| Fees:US$600| Language:English| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration: www.unitar.org/pft/events Partner Organisation:WorldTradeInstitute(UniversityofBern,Switzerland)

Background:Sinceitsinceptionin2001,theWorldTradeInstitute(WTI)hastrainednumerousprofessionalsandmiddle-seniorlevelofficialsinconductingmultilateralnegotiationsinLaw,Economics,andInternationalTradeRegulationPolicy.Despitetheproliferationofnegotiatingtheatresofferingscopeforlearningbydoing,thereremainsadeficitofexpertise,particularlyindevelopingcountries.Itishopedthatthiscoursewillcontributetobridgingtheknowledgegapandredressingsomeoftheasymmetriesinnegotiatingstrategiesemployedbythedevelopedanddevelopingcountries.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Relateservicesectorpolicytoacountry’snationaldevelopmentstrategyanddeterminewhatroletoassigntotradeand

investmentliberalisation(andthustradeandinvestmentnegotiations)inthisstrategy;(b)Developanegotiatingstrategyinservicesandconductnegotiationsinamannerthatisinformedbythecountry’soveralldevelopmentstrategyaswellasbytheinterests,bothoffensiveanddefensive,ofkeyconstituenciesinthepublicandprivatesectors;(c)Identifyandrespondtokeyimplementationhurdlesthatariseafternegotiationsarecompleted;and(d)Supportthecapacityofdevelopingcountryservicesupplierstomakeuseofthespaceopenedupbytradeandinvestmentagreements,andenhancetheabilitytodesignanaidfortradestrategyinservicesthattargetskeyimplementation(regulatory)andsupply-sidebottlenecks.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)MappingaStrategyforServicesinNationalDevelopmentPlansandPreparingforServicesNegotiations;(b)ConductingServicesNegotiations; (c)ImplementingNegotiatedOutcomesandAddressingRegulatoryWeaknesses;and(d)EnhancingtheCapacitytoSupplyNewly-OpenedMarkets.

THE SETTLEMENT OF DISPUTES UNDER THE WORLD TRADE ORGANIZATION (WTO)


Background:Theglobaltradingsystemhasexperiencedextraordinarychangesinthelastcoupleofdecades.ThecreationoftheWorldTradeOrganization(WTO)in1995andtheenforcementofinternationalrulesandregulationsgoverningtradeingoods&servicesandintellectualpropertyrightshavevastlyexpandedthescopeandcomplexityofthesystem.Participantsenrollinginthiscoursewilldiscoverthehistory,objectives,andstructureoftheWTO,learnaboutitsframeworkfordisputesettlementamongmemberstates,andhowtheorganisationcametoreplacetheGeneralAgreementonTariffsandTrade(GATT,establishedin1947).

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Discussthehistory,objectives,andstructureoftheWTO;(b)RelatetheWTOwiththeGATTof1947,anddiscussitsrulesforthesettlementofdisputesamongitsmemberstates;and(c)Analysetherelevanceofruleswhichgoverndisputepanels,therightsofthirdparties,theappellatereview

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procedure,andtheimplementationofpanelorappellatebodyrulingsorrecommendations.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)IntroductiontotheWTOdisputeresolutionmechanisms;(b)DisputeSettlementundertheGATT1947;(c)DisputeSettlementundertheWTO;and (d)AppellateReview.

TRADE AND CLIMATE CHANGE

Duration:4weeks| Fees:US$600| Language:English| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration: www.unitar.org/pft/events Partner Organisation:WorldTradeInstitute(WTI)

Background:Acontroversialaspectinthedebateonclimatechangeisthereconciliationbetweentradeagreementsandmeasuresemployedinmitigatingtheeffectsofclimatechange.Thiscourseexploreskeylegalandeconomicissuesthatarise,includingtheWTOAgreementandmultilateralenvironmentalagreements(MEAs)inthecontextofclimatechange.Inaddition,itexaminesmeasurestocountergreenhousegasemissionsandtheframeworkgoverningthebehaviouroftradingpartners.

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Identifythekeylegalandeconomicissuesarisingfromtheclimatechangedebate;(b)Discussthelegalityunderinternationaltraderulesofdomesticandinternationaltrademeasurestoreducegreenhousegasemissionsandofmeasuresdesignedtoinfluencethebehaviouroftradingpartners;and(c)AnalysetheeconomicimplicationsfordevelopingcountriesofWTOrulesandMEAsaffectingclimatechange.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)Therelationshipbetweentradeandclimatechangeandintroductiontofundamentaltradelawissues;(b)AdvancedWTOissuesarisingfromnationaltrademeasuresaddressinggreenhousegasemissions(GHG);and(c)AdvancedWTOissuescontinued;andtheroadahead–tradeandclimatewithintheWTO.

TRADE FINANCE INFRASTRUCTURE DEVELOPMENT

Duration:6weeks| Fees:US$600| Language:English| Interaction:Instructor-moderated;peer-to-peerexchanges| Course Dates & Registration: www.unitar.org/pft/events Partner Organisation:UnitedNationsEconomicandSocialCommissionforAsiaandthePacific(UNESCAP)

Background:Internationaltradeiswidelyacknowledgedasanimportantengineofgrowthformanydevelopingcountriesandeconomiesintransition.RecentmeetingsattheWorldTradeOrganization(WTO)havefurtherdemonstratedtheimportanceofeconomicintegration.Whilecountriesneedtoactivelyengageinbilateralandmultilateralnegotiationstoformtradingareas,eachmustalsoensurethatitsdomesticenvironmentisfavourabletotradedevelopment.Cateringprimarilytoministerialofficialsworkingintradefinance,thiscourseseekstoaddressthecentralquestionthatis:howcanthepublicandprivatesectorworkintandemtofacilitateinternationalflowsoftradeandinvestmentfuellinggrowthanddevelopment?

Learning Objectives:Aftercompletingthecourse,participantsshouldbeableto:(a)Explainthemethodsandinstrumentsoftradefinance,particularlylegalissuesandconventions;(b)Describethemaininstitutionsfortradefinancedevelopment;(c)Distinguishbetweenstructuredtradeandthefinancingofcommodities; (d)Recognisetheroleofinternationaltradeinthegrowthofmostdevelopingandtransitioneconomies;and(e)Formulatewaysoftransferringtheknow-howonpaymentsystemsandthecalculationsthatgowithit.

Topics Covered: Thecourseconsistsofthefollowingmodules:(a)IntroductiontoTradeFinance(b)TradeFinanceMethodsandInstruments:AnOverview; (c)LegalIssuesandConventions;(d)StructuredTradeandCommodityFinancing;(e)TradeFinanceandtheMacroeconomicEnvironment(f)InstitutionsforTradeFinanceDevelopment;(g)PaymentSystems;and (h)E-TradeFinanceInfrastructureDevelopment.


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Knowledge to lead

Vii . Training Calendar, Fees,CertificatesandRegistrationProcessTraining Calendar:Detailsofalltrainingeventsareavailableonlineatwww.unitar.org/pft/events.

Fees:UNITARchargesafeeonacostrecoverybasistoallparticipantsinordertocovertheadministrativecostsofitstrainingactivitiesandtohelpsustainitscapacitydevelopmentinitiativesbyofferingnewandrelevanttrainingeventsinthefuture.Coursefeesareindicatedonlineandarepayableimmediatelyafterregistrationviasecuredcreditcardpaymentfacilityorbybanktransfer.CoursefeesaresubjecttochangeasperUNITAR’spolicyonpricing.

Sometrainingactivitiesaredonor/partnerfundedandaremadeavailablewithoutanycosttotheparticipants.

Certificates:SuccessfulparticipantsreceiveaCertificateofCompletioninhardcopyfromUNITARaftercompletionofatrainingevent. Registration:Toregister,pleaseselectanevent(orseveralevents)atwww.unitar.org/pft/eventsbyclickingonthe“Select”button.Additionalinformationontheregistrationandpaymentprocedureisavailableonline.

JointheUNITARPublicFinanceandTradeProgrammemailinglistandgetfreeupdatesonourupcomingcoursesincludingfreecoursessponsoredbyourpartners.Pleaseenteryourdetailsat:http://www.unitar.org/pft

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Contact Us

Public Finance and Trade ProgrammeUnited Nations Institute for Training and Research (UNITAR)Palais des Nations, CH-1211 Geneva 10, Switzerland

Email: [email protected]: +41 22 917 8821Fax: +41 22 917 8047Website: www.unitar.org/pft

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public finance and trade programme

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