Economics

ADB or the Asian Development Bank is an international financial institute operating since 1966. ADB provides financial assistance to its member nations for poverty reduction and improvement in the quality of life. To finance its projects, ADB issues bonds and...

The BRIC countries are made up of Brazil, Russia, India and China - although if we were to categorize them by importance, it would actually be CIRB. It just doesn't sound as sexy, does it? And lets face it, sexiness...

In the year 1966, when the ADB was started there were 31 member countries. Presently there are 66 member countries in Asia and Pacific region and out side the region. The list follows the list of member countries of ADB...

The International Monetary Fund or IMF came into existence in 1945, after the end of World War II and at the beginning of the Cold War. Currently, the IMF has its headquarters in Washington, D.C. and comprises 185 member nations....

The International Labour (Labor) Organization (Organisation) or ILO addresses global labor issues and creates standards for the improvement of working conditions. Established in 1919-1920 with the League of Nations, it started operating as a UN agency after WW-II. The reason...

 Presently The International Bank for Reconstruction and Development (IBRD) have 184 member countries, International Development Association (IDA) has 165 members, International Finance Corporation (IFC) has 178 members, Multilateral Investment Guarantee Agency (MIGA) has 167 members and The International Centre for...

The G-8, or Group of Eight, is a group of heads of state from eight industrialized democracies in the northern hemisphere. The G-8 used to be known as the G-6, or Group of 6. In 1976, Canada joined, making the...

The G-7, or Group of Seven, is a group of Finance Ministers that analyzes, discusses, evaluates and acts on the most critical issues of the global economy. These seven leaders represent the most developed and industrialized economies in the world....

The World Bank (WB) is a multinational corporation aiming at the alleviation of poverty. It facilitates various economies of the world in following sustainable economic growth. The World Bank was formed in 1944 as a part of the Bretton Woods...

The Member countries of UNCTAD are as follows: UNCTAD Member Countries The Member countries of UNCTAD are as follows: UNCTAD Member Countries Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus...

The South Asian Association for Regional Cooperation or SAARC was created to promote economic integrity and cooperation among 7 South Asian nations namely India, Bangladesh, Pakistan, Bhutan, Nepal, Maldives, and Sri Lanka. The Association was formed in 1985 with the...

Singapore is one of the closet allies of the United States in South-East Asia. The US economic relations with Singapore is a manifestation of the friendly relations it has with this South-East Asian nation.The United States of America has traditionally...

The member countries of APEC have been trying to achieve a level of economic development that may be sustained over the long run. The APEC members are trying to achieve the aim by bringing down the levels of variety persisting...

The assistances given by Switzerland are mainly in the form of grants and been provided for local costs as well as technical assistances. There was the time when Switzerland providing mixed credit comprising 40 per cent grant and 60 per...

Trade and commerce have been at the center of the US economic relations with India. There has been steady increase in this department. During 1990 the financial volume of the bilateral trade between the two countries had been 5.6 billion...