Page 10 - Global Political Economy_Understanding The International Economic Order

Abbreviations and Acronyms

ADC advanced developed (or industrialized)
countries
AFL-CIO American Federation of Labor and Congress
of Industrial Organization
APEC Asia-Pacific Economic Cooperation
BWS Bretton Woods System
CAP Common Agricultural Policy
ECLA Economic Commission for Latin America
EEC European Economic Community (Common
Market)
EMS European Monetary System
EMU Economic and Monetary Union
ERM Exchange Rate Mechanism
EU European Union
FDI foreign direct investment
GATT General Agreement on Tariffs and Trade
GDP gross domestic product
G-7 group of seven major developed economies
Group of 77 coalition of less developed countries
HST hegemonic stability theory
ILO International Labor Organization
IMF International Monetary Fund
IO international organization
IPEinternational political economy
ITO International Trade Organization
LDC less developed country
MITI Ministry of International Trade and
Investment (Japan)
MNC multinational corporation
MOF Ministry of Finance (Japan)
NAFTA North American Free Trade Agreement
NATO North Atlantic Treaty Organization
NBER National Bureau of Economic Research
NEG new economic geography
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