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(REGIONAL ORGANISATIONS, INFORMAL FORUMS, ECONOMIC ORGANISATIONS), image,…
REGIONAL ORGANISATIONS
Countries around the world take part in international organisations
Organization
The Organization of American States (OAS
is responsible for promoting cooperation, peace, democracy and socioeconomic development
European Union (EU)
is to incorporate all of its members into a single state.
African Union (AU)
ries to strengthen cooperation among its member countries
Association of Southeast Asian Nations (ASEAN)
are to achieve regional peace and economic growth.
INFORMAL FORUMS
The Group of Seven (G7)
began to meet in 1973
It is made up of the seven countries in the world that have the most economic and military power
the United States
France
United kingdom
Italy
Germany
Canada
Japan
the G7 cannot make decisions
their initiatives related to world politics
BRICS
A group of countries with emerging economies joined together at the beginning of this century.
Brazil, Russia, India, China and South Africa
Characteristics of the economy
a high level of industrialisation
growing financial power
plenty of available natural resources
cheap labour
Characteristics of social development
significant inequality between people with high and low incomes
national political economies with some independence regarding the interests of the richer countries and their companies
significant military power
ECONOMIC ORGANISATIONS
There are a number of economic organisations that have specific aims
trade organisations
international Monetary Fund (IMF)
whose aim it is to prevent financial crises
To achieve this aim, it advises governments on economic matters
World Bank
whose main activity is to provide loans to governments
they can carry out reform projects and programmes in their countries
North American Free Trade Agreement (NAFTA)
World Trade Organization (WTO)
