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This page provides acronyms and abbreviations for terms you may encounter while visiting our site or when researching other materials on International Financial Systems and their Institutions. If you notice any that are missing, please let us know! publications(at)

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

– Accountability and Advisory Mechanism

AfDB – African Development Bank

– Asian Development Bank

APEC – Asia-Pacific Economic Cooperation

ASEAN – Association of South-East Asian Nations

– Bank for International Settlements

BITs – Bi-lateral Investment Treaties

BOP – Balance of Payments

BWIs – Bretton Woods Institutions

– Capital Account Liberalisation

CAS – Country Assistance Strategy

CAO – Compliance Advisory Ombudsman (IFC and MIGA)

CCFF – Compensatory and Contingency Financing Facility

CCL – Contingency Credit Line

CDD – Community-Driven Development

CDF – Comprehensive Development Framework

CDPF – Country Development Policy Framework

CFAA – Country Financial Accountability Assessment

CIDA – Canadian International Development Agency

CLS – Core Labour Standards

CODE – Committee on Development Effectiveness (World Bank)

COFACE – Compagnie française d'Assurance pour le commerce extérieur, France's ECA

COGAM – Committee on Governance and Executive Directors' Administrative Matters (World Bank)

CPAR – Country Procurement Assessment Review

CPIA – Country Policy and Institutional Assessment

CSO – Civil Society Organization

CSR – Corporate Social Responsibility

CTT – Currency Transaction Tax

– Development Assistance Committee (OECD)

DANIDA – Danish International Development Agency

DDA – Doha Development Agenda

DC – Development Committee

DFID – U.K. Department for International Development

Ducroire/Delcredere – Belgian ECA

– Environmental Assessment, see also EIA and ESIA

EBRD – European Bank for Reconstruction and Development

ECA – Export Credit Agency

ECB – European Central Bank

ECG – Export Credit Group of the OECD

ECGD – Export Credit Guarantee Department, the United Kingdom's ECA

EDC – Export Development Canada, Canada's ECA

EDF – European Development Fund

EFA – Education for All

EFF – Extended Fund Facility (IMF)

EFIC – Export Finance and Insurance Corporation, Australia's ECA

EIA – Environmental Impact Assessment, see also ESIA

EIB – European Investment Bank

EIR – Extractive Industries Review of the World Bank

EITI – Extractive Industries Transparency Initiative

ERG – Export Risk Guarantee, Switzerland's ECA

ESIA – Environmental and Social Impact Assessments

ESSD – Environmentally and Financially Sustainable Development Network

EU – European Union

– Export Import Bank, the US ECA

– Foreign direct investment

FfD – Financing for Development

FM – Fall Meeting (World Bank and IMF)

FSAP – Financial Sector Assessment Programme

FPIC – Free Prior and Informed Consent (not to be confused with FPIConsultation)

FSAP – Financial Sector Assessment Program

FSF – Financial Stabilization Forum

FY – Financial Year

– Group of 7/8/20/77

GAO – U.S. General Accounting Office, equivalent to Canada's Auditor General

GAP – Global Accountability Project

GATS – General Agreement on Trade in Services

GEF – Global Environment Facility

GNI – Gross National Income

GNP – Gross National Product

– Hermes Kreditversicherungs-AG, Germany's ECA

HGA – Host Government Agreement

HIPC – Heavily Indebted Poor Country

HIPCI – Heavily Indebted Poor Countries Initiative

HRCA – Human Rights Compliance Assessment

HRIA – Human Rights Impact Assessment

– International Bank for Reconstruction and Development

ICCPR – International Covenant on Civil and Political Rights

ICESCR – International Covenant on Economic, Social and Cultural Rights

ICSID – International Centre for Settlement of Investment Disputes

IDA – International Development Association

IDB – Inter-American Development Bank

IEO – Independent Evaluation Office (IMF)

IFC – International Finance Corporation

IFF – International Finance Facility

IFI – International Financial Institution (IMF)

ILO – International Labour Organization

IMF – International Monetary Fund

INT – Department of Institutional Integrity

IPP – International Parliamentarians' Petition

IUCN – International Union for the Conservation of Nature

– Japan Bank for International Cooperation, one of Japan's ECAs

JIC – Joint IMF-World Bank Implementation Committee

– Least Developed Country

LICUS – Low-Income Countries Under Stress

– Multilateral Agreement on Investment

MDB – Multilateral Development Bank

MDG – Millennium Development Goal

MFN – Most Favoured Nation

MIF – Multilateral Investment Fund (Inter-American Development Bank)

MIGA – Multilateral Investment Guarantee Agency

MOU – Memorandum of Understanding

MDB – Multilateral Development Bank

– North American Free Trade Agreement

NEPAD – New Partnership for Africa's Development

NEXI – Nippon Investment Insurance, one of Japan's ECAs

NGO – Non-governmental Organization

NLF – New Lending Framework (Inter-American Development Bank)

NORAD – Norwegian Development Agency

– Operational Directive

ODA – Official Development Assistance

OECD – Organization for Economic Cooperation and Development

OED – Operations Evaluation Department (World Bank)

OPIC – Overseas Private Investment Corporation

OVE – Office of Evaluation and Oversight (Inter-American Development Bank)

– Program Based Approaches

PER – Public Expenditure Review

PIFI – Public International Financial Institutions

PMO – Prime Minister's Office

PnoWB – Parliamentary Network on the World Bank

PRGF – Poverty Reduction and Growth Facility (IMF)

PRA – Political Risk Assessment

PRAD – Political Risk Assessment Department

PREM – Poverty Reduction and Economic Management

PRS – Poverty Reduction Strategy

PRSC – Poverty Reduction Support Credit (World Bank)

PRSP – Poverty Reduction Strategy Paper

PS – Performance Standard (IFC and MIGA)

PSIA – Poverty and Social Impact Analysis (IMF)

– Quality Assurance Group (World Bank)

– Regional Development Bank

– Istituto per i servizi Assicurativi per il Commercio Estero, Italy's ECA

SAL – Structural Adjustment Loans

SAPRI – Structural Adjustment Participatory Review Initiative

SDR – Special Drawing Right (IMF)

SIA – Social Impact Assessment

SM – Spring Meeting (World Bank and IMF)

SRF – Supplemental Reserve Facility

SWAP – Sectorwide approach System (UNCTAD)

– Transnational Corporation

– Universal Declaration of Human Rights

UN – United Nations

UNEP – United Nations Environment Programme

– World Bank – includes IDA and IBRD

WBG – World Bank Group – includes IBRD, IDA, IFC and MIGA

WCD – World Commission on Dams

WDR – World Development Report

WHS – World Heritage Site

WP-EFF – Working Party on Aid Effectiveness and Donor Practices

WRI – World Resources Institute

WTO – World Trade Organization