aim - to promote establishment of a Central American Common Market

members - (5) Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua

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centrally planned economies

Note - 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 the Communist countries; through the 1980s, this group included Albania, Bulgaria, Cambodia, China, Cuba, Czechoslovakia, GDR, Hungary, North Korea, Laos, Mongolia, Poland, Romania, USSR, Vietnam, Yugoslavia

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Colombo Plan (CP)

established - 1 July 1951

aim - to promote economic and social development in Asia and the Pacific

nembers - (26) Afghanistan, Australia, Bangladesh, Bhutan, Burma,
Cambodia, Canada, Fiji, India, Indonesia, Iran, Japan, South
Korea, Laos, Malaysia, Maldives, Nepal, NZ, Pakistan, Papua New
Guinea, Philippines, Singapore, Sri Lanka, Thailand, UK, US