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THE WORLD OF GLOBALISATION - Coggle Diagram
THE WORLD OF GLOBALISATION
01 COUNTRIES AND LEVELS OF DEVELOPMENT
the level of social and cultural development, the types of people who make up the population.
Developed Countries
This group is made up of rich countries
that control international institutions.
Developing Countries
These are poor countries with
very little industrialisation.
Emerging Economies
Emerging economies have
not yet reached the standards of developed countries,
but they have high rates of economic growth
INTERNATIONAL DECISION-MAKING BODIES
4 INFORMAL FORUMS
"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, Japan, Germany,
the United Kingdom, France, Italy and Canada.
A group of countries with emerging economies joined together at the beginning of this century. This group is called BRICS
Brazil, Russia, India, China and South Africa
5 ECONOMIC ORGANISATIONS
There are a number of economic organisations that have specific aims. These include trade organisations such as:
World Trade Organization (WTO)
North American Free Trade Agreement (NAFTA)
The International Monetary Fund (IMF), whose aim it is to prevent financial crises and to encourage economic stability.
The World Bank, whose main activity is to provide loans to governments.
