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A pact by members of the Arab League aimed at establishing a free trade area.
Industry:Economy
A group of GATT/WTO member countries or their delegates -- including the larger members and selected smaller and less developed ones -- that have met together during negotiations (originally in a green room at WTO Geneva headquarters) to agree among themselves, before taking decisions to the full membership for the required consensus.
Industry:Economy
1. National income plus capital consumption allowance. 2. Same as gross national product.
Industry:Economy
An alternative to gross domestic product that is intended to take account of costs that are not internalized by economic agents, such as crime and pollution.
Industry:Economy
A group of seven major industrialized countries whose heads of state met annually from 1976 to 1997 in summit meetings to discuss economic and political issues. The seven are United States, Canada, Japan, Britain, France, Germany, and Italy (plus the EU).
Industry:Economy
A coalition of developing countries within the United Nations, established in 1964 at the end of the first session of UNCTAD, intended to articulate and promote the collective economic interests of its members and enhance their negotiating capacity. Originally with 77 members, it now (in 2010) has 130.
Industry:Economy
1. The six largest countries of the world: Canada, France, Germany, Japan, the United Kingdom, and the United States. 2. The six largest countries of the European Union, ministers from which sometimes meet to discuss issues of common concern. The countries are France, Germany, Italy, Poland, Spain, and the United Kingdom. 3. A group of countries that has met several times to resolve disagreements that prevent progress in the Doha Round. The group includes Australia, India, Japan, the United States, the European Union, and either Brazil or China (I've seen both mentioned).
Industry:Economy
A group of ten countries, members of the IMF, that together with Switzerland agreed to make resources available outside their IMF quotas. Since 1963 the governors of the G10 central banks have met on the occasion of the bimonthly BIS meetings.
Industry:Economy
1. Originally, an international forum of finance ministers and central bank governors from 19 countries and the EU, plus the IMF and World Bank. Created in 1999 by the finance ministers of the G-7, it meets annually to discuss financial and economic concerns among industrialized economies and emerging markets. 2. Beginning with the financial and economic crisis of 2008, the same G-20 countries have held summit meetings of their heads of state. This G-20 mix of industrialized and large emerging-market economies has now supplanted the G-7 and G-8 as the primary venue for addressing global economic problems. 3. A group of developing countries established Aug. 20, 2003 that joined together in the Cancún Ministerial of the WTO's Doha Round in order to negotiate collectively with the U. S. And E. U. , especially seeking the elimination of developed-country agricultural subsidies. Membership in the group has fluctuated, but the name G-20 now seems to have stuck. The group has been led by Brazil, other important members including Argentina, China, India, and South Africa.
Industry:Economy
A group of developing countries established in 1971 with the aim of taking positions on monetary and development finance issues.
Industry:Economy
