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G-20 and Multilateral Economic Cooperation

G-20 and Multilateral Economic Cooperation   Reference library

The New Oxford Companion to Economics in India (3 ed.)

Reference type:
Subject Reference
Current Version:
2012
Subject:
Social sciences, Economics, Regional and Area Studies
Length:
3,644 words
Illustration(s):
1

...the G-20 is a major advance from the time when there was little communication, and much acrimony, between the G-8 and the G-77. At this stage the issue really is monitoring and assessing whether the general direction of G-20 member country policies is heading in a mutually consistent and agreed fashion over the medium to long term, and how the G-20 processes can help countries navigate their domestic legislative, regulatory, and judicial processes such that mutually agreed policies are adopted. It is important to bear in mind that commitments in the G-20 are...

G5; G7; G8; G10; G11; G20; G77

G5; G7; G8; G10; G11; G20; G77   Quick reference

A Dictionary of Finance and Banking (6 ed.)

Reference type:
Subject Reference
Current Version:
2018

...5; G7; G8; G10; G11; G20; G77 Abbreviations for Group of Five ; Group of Seven ; Group of Eight ; Group of 10 ; Group of 11 ; Group of 77 ....

autocovariance function

autocovariance function  

Reference type:
Overview Page
A sequence of autocovariances of a covariance stationary time series process as a function of the lag length.
external funds

external funds  

Reference type:
Overview Page
Funds obtained by an organization from an outside source (e.g. by borrowing from a bank).
prohibitive tariff

prohibitive tariff  

Reference type:
Overview Page
A tariff set at a rate so high that no trade in the good concerned can take place.
probit model

probit model  

Reference type:
Overview Page
A discrete choice model in which the population regression function is based on the cumulative normal distribution function.
incentive compensation

incentive compensation  

Reference type:
Overview Page
The provision to employees of rewards for the delivery of economic value (e.g. in the form of rising share value deriving from greater productivity).
government stock

government stock  

Reference type:
Overview Page
Stocks issued by a government, e.g. US Treasury bonds or UK Treasury stock and Exchequer stock (see gilt-edged security).
gold parity

gold parity  

Reference type:
Overview Page
The official par value in terms of gold of the currency of a country on the gold standard.
green-field project

green-field project  

Reference type:
Overview Page
A project that starts from scratch, e.g. building a factory on a virgin site in the country.
open-mouth operations

open-mouth operations  

Reference type:
Overview Page
The use of public statements by economic spokespersons (e.g. of the US Federal Reserve) to try to influence markets and the economy.
net premium

net premium  

Reference type:
Overview Page
The annual payment received by an insurance company for an insurance policy after any charges (e.g. commission, brokerage, etc.) have been deducted.
overseas bank

overseas bank  

Reference type:
Overview Page
The UK term for a foreign bank with a branch or subsidiary in the UK, usually in London.
accrual

accrual  

Reference type:
Overview Page
An amount incurred as a charge in a given accounting period but not paid by the end of that period, e.g. the last quarter's electricity charge. See accruals concept.
static risk

static risk  

Reference type:
Overview Page
An insurance risk the magnitude of which can be assessed because it has a direct natural cause, e.g. fire, theft, or disaster caused by adverse weather.
multi-option facility

multi-option facility  

Reference type:
Overview Page
A mixture of various financial instruments (e.g. euronotes, commercial paper) to support a short-term loan. Only part of the credit is usually offered, the balance being payable on notice.
multi-plant firm

multi-plant firm  

Reference type:
Overview Page
A firm which operates two or more plants. These may be either branches or run by subsidiary companies.
Pareto law

Pareto law  

Reference type:
Overview Page
The law states that 80 percent of the effects are achieved by 20 percent of the causes. Historically, the law originates from the observation made by the economist Vilfredo Pareto (1848–1923) that 80 ...
illegal partnership

illegal partnership  

Reference type:
Overview Page
A partnership formed for an illegal purpose and therefore disallowed by law. A partnership of more than 20 partners is illegal, except in the case of certain professionals, e.g. accountants, ...
local taxation

local taxation  

Reference type:
Overview Page
A form of taxation levied by a local government authority rather than by central government. It can take various forms, including a local sales tax, local income tax, a property tax (e.g. UK business ...

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