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Lesson 4 the emerging powers

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Edexcel A Level 2016 Specification: Superpowers

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Lesson 4 the emerging powers

  1. 1. The Emerging Powers
  2. 2. The Contenders BRICS – Brazil – Russia – India – China – S. Africa MINT – Mexico – Indonesia – Nigeria – Turkey
  3. 3. The G20 1. Argentina 2. Australia 3. Brazil 4. Canada 5. China 6. France 7. Germany 8. India 9. Indonesia 10. Italy 11. Japan 12. S. Korea 13 Mexico 14. Russia 15. Saudi Arabia 16. S. Africa 17. Turkey, 18. UK 19. USA 20. EU Who is missing? What problems might this represent?
  4. 4. Other Groups • G77 • OECD • G7 • Quickly check and write down what these do. • The BRIC countries are seen as those with the greatest economic potential • However there relatively small influence on IGOs like the world bank or IMF prompted them to have their own summit to create their own institutions.
  5. 5. New Development Bank • Competes with the IMF to finance infrastructure and other development projects with a budget of $50bill a year
  6. 6. Contingent Reserve Arrangement • Rivals the world bank $100 bill will be made available • These have been created to meet the needs of developing countries without having to go down the road of opening up to free-market forces
  7. 7. • BRICS are based on being sellers of commodities and that others rely upon them. • The Growth of the MINT countries suggest that a multipolar world may well be developing.
  8. 8. Likely Success? • Turn to page 147 and answer the questions

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