Make your own free website on

Glossary of Selected Terms

CEPR: Center for Economic and Policy Research

G-7: A group of first world nations that meet to discuss economic policy. Britain, Canada, France, Germany, Italy, Japan, and the United States are members with Russia having honorary status in the G-8

GDP: Gross Domestic Product

IBRD: International Bank for Reconstruction and Development

ICSID: International Centre for Settlement of Investment Disputes

IDA: International Development Association

IFC: International Finance Corporation

IMF: International Monetary Fund

MIGA: Multilateral Investment Guarantee Agency

NGO : Nongovernmental Organization

SAP: Structural Adjustment Program

UN: United Nations

UNESCO: United Nations Educational, Scientific and Cultural Organization