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 - (7) Argentina, Colombia, Dominican Republic, Mexico, Panama, Spain, Taiwan
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 American Integration System (SICA)
established - 13 December 1991; operational 1 February 1993 aim - to strengthen democracy; to set up a new model of regional security; to promote freedom; to achieve a regional system of welfare and economic and social justice; to attain economic unity and strengthen the area as an economic bloc; to act as a bloc in international matters members - (7) Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama associated member - (1) Dominican Republic observers - (8) Argentina, Brazil, Chile, China, Germany, Italy, Mexico, Spain
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 the Communist countries; through the 1980s, this group included Albania, Bulgaria, Cambodia, China, Cuba, Czechoslovakia, German Democratic Republic, Hungary, North Korea, Laos, Mongolia, Poland, Romania, USSR, Vietnam, Yugoslavia