Unit 4 - G20 - Global Organisations Flashcards
1
Q
What are the countries in the G20?
A
- G7
- EU
- Argentina
- Brazil
- Australia
- Mexico
- etc.
2
Q
What is important about the countries within the G20?
A
- mix of the world’s largest advanced and emerging economies → about ⅔ of world’s population and 80& of global trade
3
Q
What does the G20 want to achieve?
A
- to achieve global economic stability and sustainable growth
4
Q
What does the G20 want to promote?
A
- to promote financial regulations that reduce risks and prevent future financial crises
5
Q
What did the G20 want to create?
A
- to create a new international financial architecture
6
Q
Why was the G20 initially created?
A
- created in response to both the financial crises that arose in a number of emerging economies in the 1990s
