<br />
Financial inclusion How<br />
the system could become<br />
more accessible to the<br />
billions currently excluded<br />
THE SKY'S THE<br />
Labour markets Why<br />
an efficient economy<br />
depends on more than<br />
just a flexible workforce<br />
Mark Jerome How he set<br />
up the internal audit office<br />
for the Green Climate<br />
Fund in South Korea<br />
NOVEMBER 2017 ECONOMIA.ICAEW.COM<br />
LIMIT<br />
Tax evasion The new<br />
corporate offence and<br />
what it means for the<br />
board of directors<br />
Technology is making<br />
vertical farming a reality but<br />
can the general public get<br />
over its distaste of using<br />
science to make food?<br />
<br />
IS IT TIME TO<br />
START TAXING<br />
MACHINES?<br />
Barely a week has<br />
passed in 2017 without<br />
a report being<br />
published or an event<br />
being hosted on the<br />
impact of technology<br />
on the workplace.<a title="Economia NOVEMBER 17 page 1" href="http://viewer.zmags.com/publication/0d1c4222?page=1"> Financial inclusion How the system could beco</a>
<a title="Economia NOVEMBER 17 page 2" href="http://viewer.zmags.com/publication/0d1c4222?page=2"> </a>
<a title="Economia NOVEMBER 17 page 3" href="http://viewer.zmags.com/publication/0d1c4222?page=3"> IS IT TIME TO START TAXING MACHINES? Barely a wee</a>
<a title="Economia NOVEMBER 17 page 4" href="http://viewer.zmags.com/publication/0d1c4222?page=4"> Highlights 08 THE AUDIT 08 In case you missed it</a>
<a title="Economia NOVEMBER 17 page 5" href="http://viewer.zmags.com/publication/0d1c4222?page=5"> CONTENTS 30 FEATURES 30 Financial inclusion 34 </a>
<a title="Economia NOVEMBER 17 page 6" href="http://viewer.zmags.com/publication/0d1c4222?page=6"> economia is published by Progressive Content 71-7</a>
<a title="Economia NOVEMBER 17 page 7" href="http://viewer.zmags.com/publication/0d1c4222?page=7"> HELPING YOU SUCCEED SUPPORTING YOUR WELLBEING GIV</a>
<a title="Economia NOVEMBER 17 page 8" href="http://viewer.zmags.com/publication/0d1c4222?page=8"> Take a dip Our news team looks at the meaningful </a>
<a title="Economia NOVEMBER 17 page 9" href="http://viewer.zmags.com/publication/0d1c4222?page=9"> Nobel economics prize US economist Richard Thaler</a>
<a title="Economia NOVEMBER 17 page 10" href="http://viewer.zmags.com/publication/0d1c4222?page=10"> Debate: ALEX NEIL MSP, member of the Scottish </a>
<a title="Economia NOVEMBER 17 page 11" href="http://viewer.zmags.com/publication/0d1c4222?page=11"> Reaction to research by the Action for Rail campa</a>
<a title="Economia NOVEMBER 17 page 12" href="http://viewer.zmags.com/publication/0d1c4222?page=12"> EYEBROW THE AUDIT Responsible for business an</a>
<a title="Economia NOVEMBER 17 page 13" href="http://viewer.zmags.com/publication/0d1c4222?page=13"> Mobile transactions are on track to increase </a>
<a title="Economia NOVEMBER 17 page 14" href="http://viewer.zmags.com/publication/0d1c4222?page=14"> 14 </a>
<a title="Economia NOVEMBER 17 page 15" href="http://viewer.zmags.com/publication/0d1c4222?page=15"> THE AUDIT N DL provides toolk</a>
<a title="Economia NOVEMBER 17 page 16" href="http://viewer.zmags.com/publication/0d1c4222?page=16"> THE AUDIT economia reviews... R</a>
<a title="Economia NOVEMBER 17 page 17" href="http://viewer.zmags.com/publication/0d1c4222?page=17"> A WELL-DESERVED OPPORTUNITY You worked har</a>
<a title="Economia NOVEMBER 17 page 18" href="http://viewer.zmags.com/publication/0d1c4222?page=18"> Life's full of options. Choose wisely. Choose Cha</a>
<a title="Economia NOVEMBER 17 page 19" href="http://viewer.zmags.com/publication/0d1c4222?page=19"> From the Institute this month: a voice for accoun</a>
<a title="Economia NOVEMBER 17 page 20" href="http://viewer.zmags.com/publication/0d1c4222?page=20"> THE AUDIT ICAEW president Nick Parker on why </a>
<a title="Economia NOVEMBER 17 page 21" href="http://viewer.zmags.com/publication/0d1c4222?page=21"> 10% Personal Investing discount ICAEW MEMBER OFF</a>
<a title="Economia NOVEMBER 17 page 22" href="http://viewer.zmags.com/publication/0d1c4222?page=22"> OPINION Michael Izza ICAEW is no longer a lo</a>
<a title="Economia NOVEMBER 17 page 23" href="http://viewer.zmags.com/publication/0d1c4222?page=23"> WORK FOR WORK WITH CL</a>
<a title="Economia NOVEMBER 17 page 24" href="http://viewer.zmags.com/publication/0d1c4222?page=24"> I t's a hard time to be leading a </a>
<a title="Economia NOVEMBER 17 page 25" href="http://viewer.zmags.com/publication/0d1c4222?page=25"> Jo Owen Managing professionals is a complex chall</a>
<a title="Economia NOVEMBER 17 page 26" href="http://viewer.zmags.com/publication/0d1c4222?page=26"> OPINION Oxford Economics Angela Merkel will be </a>
<a title="Economia NOVEMBER 17 page 27" href="http://viewer.zmags.com/publication/0d1c4222?page=27"> Four steps to pension heaven Managing pensions i</a>
<a title="Economia NOVEMBER 17 page 28" href="http://viewer.zmags.com/publication/0d1c4222?page=28"> Insurance they so rightly owe and stop bellyachin</a>
<a title="Economia NOVEMBER 17 page 29" href="http://viewer.zmags.com/publication/0d1c4222?page=29"> bluefinprofessions.co.uk ICAEW FIRS</a>
<a title="Economia NOVEMBER 17 page 30" href="http://viewer.zmags.com/publication/0d1c4222?page=30"> H W E T O R R O L F D G N I T Ope</a>
<a title="Economia NOVEMBER 17 page 31" href="http://viewer.zmags.com/publication/0d1c4222?page=31"> n on the political agenda and the ious target of </a>
<a title="Economia NOVEMBER 17 page 32" href="http://viewer.zmags.com/publication/0d1c4222?page=32"> of necessary documentation papers, or cultural is</a>
<a title="Economia NOVEMBER 17 page 33" href="http://viewer.zmags.com/publication/0d1c4222?page=33"> services digitally </a>
<a title="Economia NOVEMBER 17 page 34" href="http://viewer.zmags.com/publication/0d1c4222?page=34"> ONWARDS AND PHOTOGRAPHY BY JOE BLOGGS</a>
<a title="Economia NOVEMBER 17 page 35" href="http://viewer.zmags.com/publication/0d1c4222?page=35"> VERTICAL AGRICULTURE For centur</a>
<a title="Economia NOVEMBER 17 page 36" href="http://viewer.zmags.com/publication/0d1c4222?page=36"> VERTICAL AGRICULTURE </a>
<a title="Economia NOVEMBER 17 page 37" href="http://viewer.zmags.com/publication/0d1c4222?page=37"> Technology & business economia.icaew.com/tech-hub</a>
<a title="Economia NOVEMBER 17 page 38" href="http://viewer.zmags.com/publication/0d1c4222?page=38"> level – do we want to be a net importer of food o</a>
<a title="Economia NOVEMBER 17 page 39" href="http://viewer.zmags.com/publication/0d1c4222?page=39"> ANZENBERGER, EYEVINE, FLOTO+WARNER/OTTO, HORST FR</a>
<a title="Economia NOVEMBER 17 page 40" href="http://viewer.zmags.com/publication/0d1c4222?page=40"> In today's global economy, a country's labour mar</a>
<a title="Economia NOVEMBER 17 page 41" href="http://viewer.zmags.com/publication/0d1c4222?page=41"> LABOUR MARKETS PHOTOGRAPHY BY JOE BLOGGS ECONOM</a>
<a title="Economia NOVEMBER 17 page 42" href="http://viewer.zmags.com/publication/0d1c4222?page=42"> LABOUR MARKETS </a>
<a title="Economia NOVEMBER 17 page 43" href="http://viewer.zmags.com/publication/0d1c4222?page=43"> Practice 2017 Conference and Expo 16 –17 NOVEMBER</a>
<a title="Economia NOVEMBER 17 page 44" href="http://viewer.zmags.com/publication/0d1c4222?page=44"> LABOUR MARKETS THE PRICE OF FREEDOM The abili</a>
<a title="Economia NOVEMBER 17 page 45" href="http://viewer.zmags.com/publication/0d1c4222?page=45"> Next issue December 2017 Flying high A</a>
<a title="Economia NOVEMBER 17 page 46" href="http://viewer.zmags.com/publication/0d1c4222?page=46"> Disarmed and dangerous What does the future hold </a>
<a title="Economia NOVEMBER 17 page 47" href="http://viewer.zmags.com/publication/0d1c4222?page=47"> Diego Zuluaga, financial services research fe</a>
<a title="Economia NOVEMBER 17 page 48" href="http://viewer.zmags.com/publication/0d1c4222?page=48"> POTENTIAL REPERCUSSIONS If there is a flip-flop o</a>
<a title="Economia NOVEMBER 17 page 49" href="http://viewer.zmags.com/publication/0d1c4222?page=49"> Passporting allows free movement of financial ser</a>
<a title="Economia NOVEMBER 17 page 50" href="http://viewer.zmags.com/publication/0d1c4222?page=50"> Time is money Save both with Zoho Books is more </a>
<a title="Economia NOVEMBER 17 page 51" href="http://viewer.zmags.com/publication/0d1c4222?page=51"> A DAY IN THE LIFE Monday Tuesday </a>
<a title="Economia NOVEMBER 17 page 52" href="http://viewer.zmags.com/publication/0d1c4222?page=52"> Titan, based at London Stansted Airport, is Brita</a>
<a title="Economia NOVEMBER 17 page 53" href="http://viewer.zmags.com/publication/0d1c4222?page=53"> ECONOMIA NOVEMBER 2017 A DAY IN THE LIFE </a>
<a title="Economia NOVEMBER 17 page 54" href="http://viewer.zmags.com/publication/0d1c4222?page=54"> A DAY IN THE LIFE </a>
<a title="Economia NOVEMBER 17 page 55" href="http://viewer.zmags.com/publication/0d1c4222?page=55"> Vision for assurance in a disrupted future Assur</a>
<a title="Economia NOVEMBER 17 page 56" href="http://viewer.zmags.com/publication/0d1c4222?page=56"> Credit is due </a>
<a title="Economia NOVEMBER 17 page 57" href="http://viewer.zmags.com/publication/0d1c4222?page=57"> U sually when we interview some</a>
<a title="Economia NOVEMBER 17 page 58" href="http://viewer.zmags.com/publication/0d1c4222?page=58"> oversight of the capital markets – nor did he wan</a>
<a title="Economia NOVEMBER 17 page 59" href="http://viewer.zmags.com/publication/0d1c4222?page=59"> financial management and save up a regular paymen</a>
<a title="Economia NOVEMBER 17 page 60" href="http://viewer.zmags.com/publication/0d1c4222?page=60"> David Adams reports on the growing influence of l</a>
<a title="Economia NOVEMBER 17 page 61" href="http://viewer.zmags.com/publication/0d1c4222?page=61"> C apitalism picks winners </a>
<a title="Economia NOVEMBER 17 page 62" href="http://viewer.zmags.com/publication/0d1c4222?page=62"> “We can set up new projects quickly and we are ab</a>
<a title="Economia NOVEMBER 17 page 63" href="http://viewer.zmags.com/publication/0d1c4222?page=63"> with large supermarkets in nearby towns of U</a>
<a title="Economia NOVEMBER 17 page 64" href="http://viewer.zmags.com/publication/0d1c4222?page=64"> How to de-risk your defined benefits pension sche</a>
<a title="Economia NOVEMBER 17 page 65" href="http://viewer.zmags.com/publication/0d1c4222?page=65"> unfavourable, trustees are faced with a dilemma. </a>
<a title="Economia NOVEMBER 17 page 66" href="http://viewer.zmags.com/publication/0d1c4222?page=66"> In this section LEARNING CURVE Trends in continui</a>
<a title="Economia NOVEMBER 17 page 67" href="http://viewer.zmags.com/publication/0d1c4222?page=67"> PILHLUOSTTORGARTAIOPHNYBBYYSJAOME CBLHOIVGEGRS b</a>
<a title="Economia NOVEMBER 17 page 68" href="http://viewer.zmags.com/publication/0d1c4222?page=68"> example I did an eMBA as part of our emerging lea</a>
<a title="Economia NOVEMBER 17 page 69" href="http://viewer.zmags.com/publication/0d1c4222?page=69"> CASE STUDY BRUNA NIKOLLA, CACI Eight years ago, B</a>
<a title="Economia NOVEMBER 17 page 70" href="http://viewer.zmags.com/publication/0d1c4222?page=70"> </a>
<a title="Economia NOVEMBER 17 page 71" href="http://viewer.zmags.com/publication/0d1c4222?page=71"> Career ladder Reid Hoffman Entrepreneur, investor</a>
<a title="Economia NOVEMBER 17 page 72" href="http://viewer.zmags.com/publication/0d1c4222?page=72"> M ark Jerome has fulfilled hi</a>
<a title="Economia NOVEMBER 17 page 73" href="http://viewer.zmags.com/publication/0d1c4222?page=73"> PHOTOGRAPHY BY TIM FRANCO out as the obvious cho</a>
<a title="Economia NOVEMBER 17 page 74" href="http://viewer.zmags.com/publication/0d1c4222?page=74"> Technical key developments Our at-a-glance guide </a>
<a title="Economia NOVEMBER 17 page 75" href="http://viewer.zmags.com/publication/0d1c4222?page=75"> it hard to access finance and funding that is com</a>
<a title="Economia NOVEMBER 17 page 76" href="http://viewer.zmags.com/publication/0d1c4222?page=76"> of the current requirements. The deadline for com</a>
<a title="Economia NOVEMBER 17 page 77" href="http://viewer.zmags.com/publication/0d1c4222?page=77"> differences in accounting treatment have arisen i</a>
<a title="Economia NOVEMBER 17 page 78" href="http://viewer.zmags.com/publication/0d1c4222?page=78"> Accessory to evasion It's no longer enough not to</a>
<a title="Economia NOVEMBER 17 page 79" href="http://viewer.zmags.com/publication/0d1c4222?page=79"> TECHNICAL: TAX EVASION So if the buck stop</a>
<a title="Economia NOVEMBER 17 page 80" href="http://viewer.zmags.com/publication/0d1c4222?page=80"> The age of reason Firms complying with the latest</a>
<a title="Economia NOVEMBER 17 page 81" href="http://viewer.zmags.com/publication/0d1c4222?page=81"> TECHNICAL: ANTI MONEY LAUNDERING “Compliance </a>
<a title="Economia NOVEMBER 17 page 82" href="http://viewer.zmags.com/publication/0d1c4222?page=82"> Back to the very beginning Xenia Taliotis looks a</a>
<a title="Economia NOVEMBER 17 page 83" href="http://viewer.zmags.com/publication/0d1c4222?page=83"> TECHNICAL: STARTUPS and how to apply for our </a>
<a title="Economia NOVEMBER 17 page 84" href="http://viewer.zmags.com/publication/0d1c4222?page=84"> Disciplinary Listings These reports are s</a>
<a title="Economia NOVEMBER 17 page 85" href="http://viewer.zmags.com/publication/0d1c4222?page=85"> the course of his professional practice. Order Ex</a>
<a title="Economia NOVEMBER 17 page 86" href="http://viewer.zmags.com/publication/0d1c4222?page=86"> </a>
<a title="Economia NOVEMBER 17 page 87" href="http://viewer.zmags.com/publication/0d1c4222?page=87"> Life this month: </a>
<a title="Economia NOVEMBER 17 page 88" href="http://viewer.zmags.com/publication/0d1c4222?page=88"> Life Winter warmers BABY, IT'S COLD OUTSI</a>
<a title="Economia NOVEMBER 17 page 89" href="http://viewer.zmags.com/publication/0d1c4222?page=89"> Bottom left: Netflix's Stranger Things returns fo</a>
<a title="Economia NOVEMBER 17 page 90" href="http://viewer.zmags.com/publication/0d1c4222?page=90"> Life Winter warmers SHAKEN SEASONS Opened by</a>
<a title="Economia NOVEMBER 17 page 91" href="http://viewer.zmags.com/publication/0d1c4222?page=91"> STILL WATERS Given the tonnage of tourists that l</a>
<a title="Economia NOVEMBER 17 page 92" href="http://viewer.zmags.com/publication/0d1c4222?page=92"> </a>
<a title="Economia NOVEMBER 17 page 93" href="http://viewer.zmags.com/publication/0d1c4222?page=93"> </a>
<a title="Economia NOVEMBER 17 page 94" href="http://viewer.zmags.com/publication/0d1c4222?page=94"> Life in review THE RADISON BLU HOTEL, FRANKF</a>
<a title="Economia NOVEMBER 17 page 95" href="http://viewer.zmags.com/publication/0d1c4222?page=95"> Duddells Two Michelin-starred dim sum is coming t</a>
<a title="Economia NOVEMBER 17 page 96" href="http://viewer.zmags.com/publication/0d1c4222?page=96"> Essential advice for ÄUHUJLWYVMLZZPVUHSZ PQ h</a>
<a title="Economia NOVEMBER 17 page 97" href="http://viewer.zmags.com/publication/0d1c4222?page=97"> TO ADVERTISE IN THE DIRECTORY PLEASE CONTACT LAUR</a>
<a title="Economia NOVEMBER 17 page 98" href="http://viewer.zmags.com/publication/0d1c4222?page=98"> LIFE AFTER WORK W hen it come</a>
<a title="Economia NOVEMBER 17 page 99" href="http://viewer.zmags.com/publication/0d1c4222?page=99"> Academy of Professional Developm</a>
<a title="Economia NOVEMBER 17 page 100" href="http://viewer.zmags.com/publication/0d1c4222?page=100"> Unlike other insurers we provide comprehensive co</a>