Discussions at this high-level event focused on the financial empowerment of individuals globally but with a particular focus on the Middle East North Africa region.
The UN-OECD-NEPAD have joined forces to improve international and regional co-operation for growth and development in Africa. This partnership and the first results of their joint work were launched at a public briefing at UN Headquarters in New York on 11 October 2010.
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Organised in Paris on 5 October 2010, discussions at this roundtable focused on recent investment policy developments in Canada and South Korea, country responses to Argentina’s position on payment of ICSID arbitral debt, recent annulments of awards under ICSID and green growth and international investment law.
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Credit ratings provide an opinion on the relative ability and willingness of parties with debt obligations to meet financial commitments. They have three functions: to measure the credit risk of the issuer, to provide a means of comparison and to provide a common standard. The credit rating market is a natural oligopoly, with three Credit Rating Agencies (CRAs) accounting for more than 90% of the market. The recent financial crisis