GROUP OF 77
Biggest intergovernmental coalition of developing countries in the United Nations. Established in 1964, it has expanded to 133 members. Member countries are allowed to jointly leverage their negotiating capacity in relation to key international economic matters within UN. The group also promotes collective economic interests and works to more swiftly facilitate South-South cooperative efforts to nurture development. Group of 77 first held their meeting in 1967, which led to a proposed institutional structure called Charter of Algiers. Also known as G-77.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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