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international decision-making bodies, image, image, image, image, image,…
international decision-making bodies
informal forums
the group of 7 (G7)
began to meet in 1973
made up of 7 countries
in the world
the most economic and
military power ones
in theory
G7 can not make decisions
but their initiatives
realated to world politics
and the economic
are later put in practice
a group of emerging economies
beginning of this century
is called BRICS
discused how to reform the
international organisations
south africa
india
russia
china
brazil
economic organisations
There are a number of
economic organisations
that have specific aims
include trade organisations
such as
North American Free Trade Agreement
World Trade Organization
other 2 important ones
World Bank
provide loans to governments
they can carry out reform projects
and programmes in their countries.
International Monetary Fund
prevent financial crises
encourage economic stability.
