This Annex contains the technical work which underpins Into the 21st Century. It describes in detail the assessment procedures and qualifications offered in France, Germany, Singapore and USA compared to the UK.

Nations opened local stock exchanges at a rapid pace during the late 1980s and 1990s, creating a channel for investment capital from wealthy industrial nations to "emerging markets" as well as a mechanism for institutional change in local economies. This study examines the local and global...