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G8 Nations
A group of eight major industrialized countries that meet periodically to address global economic issues; originally included Canada, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States.
Debt Cancellation
The action of forgiving or eliminating all or part of a debt, making the borrower free from repaying the amount owed.
Economic Dependence
A situation where the economic conditions and performance of one country or region are heavily influenced by another.
Government Corruption
The misuse of public power for private benefit, typically through bribery, embezzlement, or other illicit means, undermining public trust and efficiency.
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