The acronym G-8 corresponds to the group of the 8 richest and most influential countries in the world, including the United States, Japan, Germany, Canada, France, Italy, United Kingdom and Russia. Previously called the G-7, the acronym changed with the insertion of Russia, which joined the group in 1998.
Explicitly, the role of the G-8 is to decide which path(s) the world should follow, as these countries have consolidated economies and their political forces exert great influence on world institutions and organizations such as the UN, IMF, WTO. The discussion revolves around the globalization process, opening of markets, environmental problems, financial aid for economies in crisis, among others.
According to group leaders, the proposed discussions at the meetings are intended to reduce disparities between the economies of underdeveloped countries. Although in practice this is not the case, as it is clear that the decisions taken serve to meet the internal interests of the group entities, a convincing example is linked to the ecological approach, the G-8 countries often do not commit to signing environmental agreements, since they are the ones that most provoke such problems.
The G-8 embryo was generated in 1975 in France, near Paris in a castle called Ramboullet, where an informal meeting took place with some leaders of important countries.
The following were part of the meeting: USA, UK, France, Germany, Japan and Italy, for discussions on regional and As early as 1976, Canada was included in the group, totaling 7 countries, a reference that gave rise to the acronym G-7, that moment. This configuration remained until 1998, when Russia joined the group, forming the current G-8. Despite the homogeneous speech of the member countries, the protectionism of each participant is clear.
In recent years, whenever this meeting takes place, there are simultaneously a series of demonstrations led, not by people originated from poor countries, but by people from developed countries who do not admit the increase of social, economic and social inequality. globalization.
Eduardo de Freitas
Graduated in Geography
Brazil School Team
General geography - geography - Brazil School