No binding constitution or rules The 3Gs G 7 group of 7 o Meeting of finance

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

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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
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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
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  • Fall '08
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