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CHAPTER2COUNTRY AND REGIONAL PERSPECTIVESAgainst the background of the global outlook discussed in Chapter 1, this chapter analyzes prospects and policy issues in the major advanced economies and in the main regional groupings of emerging market and developing countries. A consistent theme is that while the shortterm outlook is generally still positive, policymakers should increase efforts to advance scal and structural reforms to ensure that strong growth can be sustained.United States and...
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Country and regional perspectives refer to the assessments and analyses that provide insights into economic, social, and political conditions specific to a particular country or region. These perspectives are often utilized for understanding market dynamics, risk factors, and growth opportunities.
Entities engaged in multinational operations or those that are required to comply with regulatory frameworks that mandate reporting on a country-by-country basis are typically required to file country and regional perspectives.
To fill out country and regional perspectives, organizations need to gather relevant data on their operations in each country or region, including financial statements, tax information, and operational metrics, and then compile them according to specified guidelines laid out by regulatory authorities.
The purpose of country and regional perspectives is to enhance transparency and provide stakeholders with a clearer understanding of how businesses operate across different jurisdictions, ultimately aiding in risk assessment and compliance.
Information typically required includes revenue, profit before tax, income tax paid, and accrued tax, as well as other operational metrics such as employee counts and assets, all detailed on a country and regional basis.
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