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University of Michigan
Industry: Education
Number of terms: 31274
Number of blossaries: 0
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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
A movement advocating the cancellation of debts that burden developing countries, intended to occur in the year 2000.
Industry:Economy
A market for labor. Can refer to anything from local interactions between workers and employers to country-wide (not usually world-wide) markets dominated by broadly based labor unions, industry associations, and sometimes governments.
Industry:Economy
A decline in size over time, said of an economy's GDP in recession or of the size of a declining firm or industry. Seems like a euphemism, except that no obvious alternative term suggests itself. Shrinkage
Industry:Economy
A collection of assumptions customarily made by mainstream economists starting in the late 19th century, including profit maximization by firms, utility maximization by consumers, and market equilibrium, with corresponding implications for determination of factor prices and the distribution of income. Contrasts with classical, Keynesian, and Marxist.
Industry:Economy
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