ts of Armenia, Azerbaijan, Belarus, Estonia,
Georgia, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Moldova, Russia,
Tajikistan, Turkmenistan, Ukraine, Uzbekistan

former USSR/Eastern Europe (former USSR/EE): the middle group in the
hierarchy of developed countries (DCs), former USSR/Eastern Europe
(former USSR/EE), and less developed countries (LDCs); these countries
are in political and economic transition and may well be grouped
differently in the near future; this group of 27 countries consists of
Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina,
Bulgaria, Croatia, Czech Republic, Estonia, Georgia, Hungary,
Kazakhstan, Kyrgyzstan, Latvia, Lithuania, The Former Yugoslav Republic
of Macedonia, Moldova, Poland, Romania, Russia, Slovakia, Slovenia,
Tajikistan, Turkmenistan, Ukraine, Uzbekistan, Yugoslavia; this group
is identical to the IMF group "countries in transition" except for the
IMF's inclusion of Mongolia

Four Dragons: the four small Asian less developed countries (LDCs)
that have experienced unusually rapid economic growth; also known as
the Four Tigers; this group consists of Hong Kong, South Korea,
Singapore, Taiwan; these countries are included in the IMF's "advanced
economies" group

Franc Zone (FZ): note - also known as Conference des Ministres des
Finances des Pays de la Zone Franc

established - NA 1964

aim - to form a monetary union among countries whose currencies are
linked to the French franc

members - (14) Benin, Burkina Faso, Cameroon, Central African Republic,
Chad, Republic of the Congo, Cote d'Ivoire, Equatorial Guinea, Gabon,
Guinea-Bissau, Mali, Niger, Senegal, Togo; note - France's three
overseas territories, French Polynesia, New Caledonia, and Wallis and
Futuna, use the Comptoires Francais du Pacifique francs (XPF)

Front Line States (FLS): established to achieve black majority rule in
South Africa; has since gone out of existence; members included Angola,
Botswana, Mozambique, Namibia, Tanzania, Zambia, Zimbabwe

General Agreement on Tariffs and Trade (GATT): see the World Trade
Organization (WTrO)

Group of 2 (G-2): informal term that came into use about 1986; to
facilitate bilateral economic cooperation between the two most powerful
economic giants; members were Japan, US

Group of 3 (G-3): established - NA September 1990

aim - mechanism for policy coordination

members - (3) Colombia, Mexico, Venezuela

Group of 5 (G-5): established - 22 September