Globalization & Post Cold War

World Health Organization (WHO)• A non-profit organization who works to lower mortality and combat

various diseases.

Green Revolution• Led to an increase in agricultural productivity through industrial

means-chemical fertilizers, pesticides, biologically engineered foods, more efficient means of harvesting, and more marginal lands available for agriculture.

Group of 20 Finance Ministers and Central Bank Governors (G20)• A group of 19 nations plus EU representatives that represents key

industrialized and developing economies.

Group of Six (G6)• A forum for the world's major industrialized democracies (the United

States, Britain, West Germany, Italy, Japan, and Poland).

G8• A forum for the world's major industrialized democracies (the United

States, Britain, Germany, Italy, Japan, Poland, Canada, and Russia).

G7• A forum for the world's major industrialized democracies (the United

States, Britain, Germany, Italy, Japan, Poland, and Canada,).

General Agreement on Tariffs and Trade (GATT)• Currently named the World Trade Organization (WTO). Primary goal is

to reduce barriers to international trade.

International Monetary Fund (IMF)• Organization formed to stabilize world economic relationships.

World Bank• Organization formed to loan financial assistance when needed.

Eurozone• The formation of a monetary union led all but three nations (UK,

Sweden, Denmark) to adopt the euro as a unified currency.

European Union (EU)• Union formed to give the United States some economic competition

by banding Europe together in a single market.

North American Free Trade Agreement (NAFTA)• An agreement signed by Canada, Mexico, and the United States,

creating a trilateral rules-based trade bloc in North America.

International Criminal Court• Court formed to prosecute war crimes and crimes against humanity,

no matter who committed them.

Organization of Petroleum Exporting Countries (OPEC)• A petroleum cartel of oil-producing nations.

National Action Party (PAN)• Political Party that offered Mexico the first multi-party election.

Lech Walesa• Leader of the Solidarity movement in Poland. Later arrested by the

government, released, and elected President of Poland.

Mikhail Gorbachev• Leader of the Soviet Union that pushed for glasnost (openness) and

urged a perestroika (restructuring) of the Soviet economy. Officially denounced the Great Purge.

Boris Yeltsin• First Russian President.

African Union• A political and economic federation that replaced the Organization of

African Unity (OAU).

Arab Spring of 2011• Oppressive regimes in several nations were toppled due in part to the

exposure-via social media-of the problems in those countries.