No binding constitution or rules the 3gs g 7 group of

No binding constitution or rules
The 3G’s
 G-7-group of 7
o Meeting of finance ministerse and central bankers meet to discuss economic and
financial policies
o Us, Canada, france germany Italy japan uk
o Richest democratic states
o Allies
o Since end of wwii
 G8=g7+russia
o Got invited
o G8 is heads of states
 G20
o Added argentina Australia brazil china india Indonesia mexico Saudi arabia south
Africa south korea turkey and eu
o 85% of worlds gdp
o 80% of all global trade
o 2/3 worlds population
o If a state wants a plicy passed go to the g20 first

o Globally representative
o Yearly summit since 2008
o Significant
Bric
 Don’t really have a constitution
 The commodors
 Brazil russia india and china
 Fast growing economies
 Financial reporter
 Some of the hottest fperforming fastest growing economies
 7-12% gdp growth rates
 Physically big states populations natural resources and workforces
 Talk about financial stuff
 Similar to g7-8
 Alternative g7
 Financial weight
 Economic clout
 Political power
 Team west is against iran cause of nuclear weapons
 Bric india and brazil don’t want sanctions with iran and do bric does business with iran
 Last 5-6 years
 Head of states
 Increased meetings