More controversial is the programme's assumption that Brazil's external accounts can improve much without a devaluation.

ECONOMIST: Brazil: The real thing | The

Several Gulf oil producers are more recent entrants to this group, reflecting the positive impact of the oil bonanza on growth, public finances and their external accounts.

ECONOMIST: Country risk ratings

UNITA's external bank accounts, closing the movement's offices in Europe and America, and a worldwide refusal to give visas to its leaders.

ECONOMIST: Deadline for Angola | The

Jeremy Hunt, the culture secretary, has also hinted the corporation pays executives too much and wants to force it to open its accounts to external auditors.

ECONOMIST: The BBC loses a hapless defender

Start-up business ventures can be funded in numerous ways with the most common external funding method being money from savings accounts or retirement plans.

FORBES: So You Want To Be An Entrepreneur? Here Are Creative Ways To Fund Your New Venture

If anybody is going to take responsibility for a firm's accounts, it should be the external auditor.

ECONOMIST: Only if it is properly governed

Columbia University Medical Centre, for example, accounts for more than half of that university's total budget, while humanities receive almost no external federal funding, and social sciences precious little.

ECONOMIST: Research universities