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Regional aid |
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Regional aidA subsidy directed at a geographic region of a country to assist its development. Such subsidies are non-actionable under WTO rules.Similar MatchesRegional policyRegional policyIn a trade context, this usually refers to a regional aid. RegionalismRegionalismThe formation or proliferation of preferential trading arrangements. Open regionalismOpen regionalismRegional economic integration that is not discriminatory against outside countries; typically, a group of countries that agrees to reduce trade barriers on an MFN basis. Adopted as a fundamental princple, but not defined, by APEC in 1989. Bergsten (1997) offers five definitions, ranging from open membership to global liberalization and trade facilitation. Regional fundRegional fundA mutual fund that invests in a specific geographic area overseas, such as Asia or Europe. Regional Check Processing Center (RCPC)Regional Check Processing Center (RCPC)A Federal Reserve check processing operation that clears checks drawn on depository institutions located within a specified area. RCPCs expedite collection and settlement of checks within the area on an overnight basis. Further SuggestionsRegional stock exchangesRegional bank |
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