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The political economy of development
This academic site promotes excellence in teaching and researching economics and development, and the advancing of describing, understanding, explaining and theorizing.
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The World Bank Group. Global Development Finance 1998

Acronmys and abbreviations

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ASEAN-4 Countries most affected by the currency crisis (Indonesia, Malaysia, Philippines, Thailand)
BIS Bank for International Settlements
CFA Communauté financičre africaine (franc zone)
CRS Creditor Reporting System (of the OECD)
DAC Development Assistance Committee (of the OECD)
DDSR Debt and debt service reduction
DRE Debt reduction equivalent
DRS Debtor Reporting System (of the World Bank)
Ecu European currency unit
EDT Total external debt, including short-term and use of IMF credit
ESAF Enhanced Structural Adjustment Facility (of the International Monetary Fund)
ERM European Exchange Rate Mechanism
FDI Foreign direct investment
GATS General Agreement on Trade in Services
GDP Gross domestic product
GNP Gross national product
IBRD International Bank for Reconstruction and Development (the World Bank Group)
IDA International Development Association (of the World Bank Group)
IFC International Finance Corporation (of the World Bank Group)
IMF International Monetary Fund
INT Total interest payments on long-term and short-term debt, including IMF charges
HIPC Heavily indebted poor countries
LDOD Total long-term debt outstanding and disbursed
LIBOR London interbank offered rate
LILIC Less indebted low-income country
LIMIC Less indebted middle-income country
Mercosur Southern Cone Common Market (Argentina, Brazil, Paraguay, Uruguay)
MIGA Multilateral Investment Guarantee Agency (of the World Bank Group)
MGS Imports of goods and services
MILIC Moderately indebted low-income country
MIMIC Moderately indebted middle-income country
MYRA Multiyear rescheduling agreement
NGO Nongovernmental organization
ODA Official development assistance
OECD Organisation for Economic Co-operation and Development
PV Present value
RES International reserves
RXD Revised External Debt (reporting system of the World Bank)
SDR Special drawing right (of the International Monetary Fund)
SILIC Severely indebted low-income country
SIMIC Severely indebted middle-income country
TDS Total debt service on long-term debt and short-term (interest only), including IMF credits
TRIMs Trade-related investment measures
TRIPs Trade-related aspects of intellectual property rights
XGS Exports of goods and services

Dollars are current U.S. dollars unless otherwise specified.

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