Lucia, Saint Vincent and the Grenadines, Trinidad and
Tobago, Turks and Caicos Islands, Venezuela
nonregional members - (5) Canada, China, Germany, Italy, UK
Central African Customs and Economic Union (UDEAC): see Monetary and
Economic Community of Central Africa (CEMAC)
Central African States Development Bank (BDEAC): note - acronym from
Banque de Developpement des Etats de l'Afrique Centrale
established - 3 December 1975
aim - to provide loans for economic development
members - (10) African Development Bank (AfDB), Cameroon, Central
African States Bank (BEAC), Central African Republic, Chad, Republic of
the Congo, Equatorial Guinea, France, Gabon, Kuwait
Central American Bank for Economic Integration (BCIE): note - acronym
from Banco Centroamericano de Integracion Economico
established - 13 December 1960 signature of Articles of Agreement; 31
May 1961 began operations
aim - to promote economic integration and development
members - (5) Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua
nonregional members - (5) Argentina, China, Colombia, Mexico, Spain
Central American Common Market (CACM): established - 13 December 1960,
collapsed in 1969, reinstated in 1991
aim - to promote establishment of a Central American Common Market
members - (5) Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua;
note - Panama, although not a member, pursues full regional cooperation
Central European Initiative (CEI): note - evolved from the
Quadrilateral Initiative and the Hexagonal Initiative
established - 11 November 1989 as the Quadrilateral Initiative, 27 July
1991 became the Hexagonal Initiative, July 1992 its present name was
adopted
aim - to form an economic and political cooperation group for the
region between the Adriatic and the Baltic Seas
members - (18) Albania, Austria, Belarus, Bosnia and Herzegovina,
Bulgaria, Croatia, Czech Republic, Hungary, Italy, Macedonia, Moldova,
Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia, Ukraine
centrally planned economies: a term applied mainly to the
traditionally Communist states that looked to the former USSR for
leadership; most are now evolving toward more democratic and market-
oriented systems; also known formerly as the Second World or as as the
Communist countries; through the 1980s, this group included Albania,
Bulgaria, Cambodia, China, Cuba, Czechoslovakia, German Democratic
Republic, Hungary, North Korea, Laos, Mongo
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