Please enable JavaScript.
Coggle requires JavaScript to display documents.
Finance in a Global Context - Coggle Diagram
Finance in a Global Context
ECONOMIC AND FINANCIAL FLOWS
Financial institutions roles
World Bank
IMF
Global imbalances
Difference in public/private spending
Surplus v deficits
Role of multinationals
Responsible for economic and financial flows
Choice of where to keep cash
Choice of currency
Choice of where expenses are recorded
Financial flows
Current account
Capital account
Financial account
FDI's
Global Imbalances
TAX
International tax rates
Tax competition
Tax revenues to fund public finances
SME's tax's
Profit/corporate income tax
social contributions/labour tax
capital gains tax
Tax rates and multinational corporations
Transfer Pricing
Advantage of tax rates
BEPS
Exchange rate issues for business
Affect assets/liabilities
Exchange rate fluctuations
INTERNATIONAL FINANCIAL REPORTING
Regulation evolved
Stewardship
Managing the national economy
Information for investors
Borrowed Finery
Imperialism
Jurisdictions have different rules
Contingent model of accounting change
IFRS Standards
Established 2001
First standard issued 2003
Most of worlds capital market require IFRS
Transparency
Accountability
Efficiency
CITY LEADERSHIP AND BUSINESS OPPORTUNITIES
Role of modern cities
Cities the new countries?
Share lessons
convergence among cities
Understanding city leadership
activate, mobilise and lead social processes
Managerial
Political
Civic
Business
Elements of city leadership
Actors
Structures
Processes
Followership
