If one wants to understand the concerns and ambitions of the global economy the G20 is a good place to start.
Friday, November 13, 2015
By Smita Nordwall
Leaders of the world's 20 biggest economies (the G20) (click here) are to meet in the Turkish resort town of Antalya for two days, starting Sunday, to discuss economic and tax cooperation, the migrant crisis and climate change.
We take a look at what to expect and what it means.
What is the G20?
The G20, an abbreviation for “The Group of Twenty,” is an international forum for the governments and central bank governors of 20 major economies.
The members include 19 individual countries -- Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom and the United States -- along with the European Union. The EU is represented by the European Commission and by the European Central Bank.
The G20 countries account for 85 percent of the world economy, 75 percent of world trade and two-thirds of the world's population....
Asia - China, India, Indonesia, Japan, Saudi Arabia, South Korea, Russia and Turkey
South America - Argentina and Brazil
Australia - this is a tourism map of Australia
Europe - France, Germany, Italy, Turkey and the United Kingdom
North America - Canada, Mexico and the United States
Africa - South Africa and Saudi Arabia (Geographically Saudi Arabia is more of the African continent, but, some sources find Saudi Arabia as southwestern Asia, AKA the middle east.)
Saudi Arabia is politically in Asia, it's geography content belongs to north Africa.
There are seven continents in the world. The one not represented at the G20 as an autonomous country is Antarctica. The Antarctica continent is a foreign policy governance status with many of the countries here having a place on the ice continent. The same governance is true in the governance of the Arctic Ocean.
The G20 is where trade and economics plays a greater role. It is easy to see why. This is where sovereignty comes to the table. The G20 is a group of burgeoning economies mixed with established countries. There are very valuable relationships between these countries both economic and national security.
Most of the continents have some very small countries, the exception is Australia of course.
The G20 is a place where the middle class can be an enormous asset. Once the middle class of these countries is appreciated and secure there will be growth. It is important all these countries have a strong middle class.
Friday, November 13, 2015
By Smita Nordwall
Leaders of the world's 20 biggest economies (the G20) (click here) are to meet in the Turkish resort town of Antalya for two days, starting Sunday, to discuss economic and tax cooperation, the migrant crisis and climate change.
We take a look at what to expect and what it means.
What is the G20?
The G20, an abbreviation for “The Group of Twenty,” is an international forum for the governments and central bank governors of 20 major economies.
The members include 19 individual countries -- Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom and the United States -- along with the European Union. The EU is represented by the European Commission and by the European Central Bank.
The G20 countries account for 85 percent of the world economy, 75 percent of world trade and two-thirds of the world's population....
Asia - China, India, Indonesia, Japan, Saudi Arabia, South Korea, Russia and TurkeySouth America - Argentina and Brazil
Australia - this is a tourism map of AustraliaEurope - France, Germany, Italy, Turkey and the United Kingdom
North America - Canada, Mexico and the United StatesAfrica - South Africa and Saudi Arabia (Geographically Saudi Arabia is more of the African continent, but, some sources find Saudi Arabia as southwestern Asia, AKA the middle east.)
There are seven continents in the world. The one not represented at the G20 as an autonomous country is Antarctica. The Antarctica continent is a foreign policy governance status with many of the countries here having a place on the ice continent. The same governance is true in the governance of the Arctic Ocean.
The G20 is where trade and economics plays a greater role. It is easy to see why. This is where sovereignty comes to the table. The G20 is a group of burgeoning economies mixed with established countries. There are very valuable relationships between these countries both economic and national security.
Most of the continents have some very small countries, the exception is Australia of course.
The G20 is a place where the middle class can be an enormous asset. Once the middle class of these countries is appreciated and secure there will be growth. It is important all these countries have a strong middle class.
