country

Tract of land inhabited by people of one or several nations. Whereas the term 'country' emphasizes the physical dimensions and boundaries of a geographical area, 'nation' emphasizes a particular community of people with shared history and culture, and 'state' a self-governing legal and political entity.

Believe it or not, there are still countries around the world where accounting standards are conservative. In the Anglo Saxon world we're used to seeing over stated earnings, but in places like South Korea, Japan, Germany and Switzerland, you can sometimes find earnings that are significantly understated.

• How a Weak US Dollar Can be Good
• Outsourcing Will Continue to Grow
• A Retrospective Look on Data Processing as a Fad