Hetal Patel

1. PRESENTED BY
ANIT RAJU
DEVENDRA DESHLA
HETAL PATEL
KIRTIBALA SONI
NEHA SHARMA

2. What is G5, G7, G20 & BRICS
 G5:- Group of 5 (China, India, Mexico, Brazil &
South Africa)
 G7:-Group of 7 (United states, United
kingdom, Japan, German, France, Italy, &
Canada)
 G8:- Group of 8 ( G7+ Russia)
 G20:-G5+G8+ (Argentina, Australia, Indonasia,
South koria, Saudi Arabia, Turkey, European
Union)
 BRICS:- Brazil, Russia, India, China & South
Africa

3.  The Group of 7 (G7) countries refers to the group
of 7 highly industrialized nation France, Germany,
Italy, United kingdom, Japan, United States &
Canada.
 The G7 is composed of the seven wealthiest
developed countries on earth (by national net
wealth or GDP)
 This group of industrialize countries formed at the
initiative of France in 1975, after issue of oil crises.
WHAT IS G7

4. HISTRY
 1973 oil crisis and subsequent global recession.
 1974 Japan is invited to the meeting.
 1975 France president invited the head of government from west
Germany, Italy , Japan, The United Kingdom and United States to
summit – Group of six (G6)
 1976 Canada jointed the group of behest of U.S.- Group of seven (G7)
 1997 Russia formally joint the group, resulting the Group of Eight (G8)
 2014 Russia suspended from G8 & make again G7 (G7/8)

5. OBJECT:-
 To Discuss issue of economic growth,
monetary reform, inflation, unemployment,
trade and oil price and supply.
 Counter terrosim.
 Supporting reform in the broader Middle East
and North Africa.
 Develop framwork for regulation for the above
issue.

6. EXPANTION OF G8
 China and India, up and coming economic
powers are notable omission from the G8.
 As Richard haas, President council an foreign
research argues, “The G8 needs to become
the G10, both China and India deserve a seat.
 China’s inclusion of course, would clearly
mean the end of G8 as a forum for leading.

7. G5
INTRODUCTION
 2005, G5 group made.
 Group of five, five nations which have joined
together for an active role in the rapidly evolving
international order
 G5 Seek to find common solution to global
challenges.
Brazil
China
India
Mexico
South Africa

8. G8+5 INTRODUCT
 Both France and the United Kingdom has
expressed a desire to expand the group to
included five developing countries, referred to as
outreach five (O5).
 The G8+5 group was formed in 2005 when United
kingdom host as the 31st G8 summit and the
leasing emerging countries to join the talks.
 Brazil ( 7th country in the world by nominal GDP.
People’s Republic of China (2nd country in world
by GDP). And India (10th country in world GDP)
Mexico and South Africa.

9. G20
INTRODUCTION
 Establish in 1999, in the wake of the 1997 Asia
Financial crisis, to bring together major
advanced and emerging economic to stability
the global finance market.
 With the onset of global financial crisis in2008,
the G20 was seen the most effective forum to
lead global efforts to stem the crisis and
mitigate its effects.
 G8+5+ Argentina, Australia, Indonesia, South
Korea, Saudi Arabia, Turkey & European
Uninon.

10. MEMBERS OF G20
1) Argentina 11)Japan
2) Australia 12)Mexico
3) Brazil 13) Russia
4) Canada 14)Saudi Arabia
5) China 15)South Africa
6) France 16) South Korea
7) Germany 17) Turkey
8) India 18) United Kingdom
9) Indonesia 19) United States
10) Italy 20) European Union

11. OBJECTIVE
• Support growth and development across globe
• Strengthening of the international financial
architecture and providing opportunities for
dialogue on national policies
• International co-operation, and international
financial institutions
• Strengthen international cooperation.
• Creation of the framework for a strong,
sustainable and balanced growth designed to
enhance macroeconomic cooperation among the
G20 members

14. BRICS
 BRICS is acronym for an association of major
emerging nation economies:
Brazil, Russia, India & China &South Africa
 The BRICS member are all developing or newly
industrialized.
 All five are G-20 member.
 The Foreign minister of the initial for BRIC states
(Brazil, Russia, India & China) met in New York
city in September 2006, beginning a series of high
level meeting. A full scale diplomatic meeting was
held in Russia, on 16 may 2008

15. Key Statistics
COUNTRIES
3 Billion
people
Combined
GDP of
US$18.486
trillions
Combined
reserves of
US$ 4 trillion
Represents
18% of world
economy
Accounts for just
over $13.5-trillion of
the world's total
output

16. IMPORTANCE OF BRICS
 Promote the technological information exchange
 Improve the professional development and education of
countries.
 Making these countries getting closer to others to obtain the
comparative advantages of these countries.
 To achieve regional development
 To remove trade barriers
 Economic development
 Optimum use of resources

17. AIMS OF BRICS
 TRADE: Boost intra-BRICS trade in their local
currencies to increase trade cooperation and cope
with the current international financial crisis.
 EDUCATION: To improve professional
development and education amongst the BRICS
countries.
 TECHNOLOGY: Promote the technological
information exchange among the member states.
 ECONOMY: To enhance inclusive economic
growth that will lead to an increase in the creation
of jobs, fight against poverty and accelerate the
economic transformation of members.
 PEACE AND SECURITY: Platform for the
promotion of peace and security which is a shared

18. razil
 10th fastest growing economies in the last centuries
 Extremely rich in resources such as coffee,
sugarcane, crude oil and iron etc.
 Focus on equitable development has resulted in
significant poverty reduction.
 Textiles, chemicals , iron ore , steel and motor
vehicles industries.
 31% of people in middle income group.
 Brazil today is the most popular of the BRICs so
far as foreign direct investment is concerned

19. USSIA
 Russia has capability in high-technology
sectors
 Accounts for around 20% of the world’s oil
and gas reserves
 Fall in the number of people living below the
poverty line
 Consumer market of over 140 million people
 68% of people comes under middle income
group
 Highly educated workforce
 Third largest exporter of steel and aluminium

20. NDIA
 1.2 billion people
 2nd largest labour force
 Holds second place followed by China in
BRICS
 Democratic country
 Broad knowledge economy.

21. HINA
 18Th fastest growing economy
 Third largest country in land size
 Biggest of all BRIC nations GDP wise
 13% of people comes under middle income
group
 Holds more than $3 trillion forex reserves.
 Largest exporter/ importer for 32 and 34
countries respectively.
 Cheap labour work force

22. outh Africa
 The South African economy is now the 23rd largest in the
world
 Inflation is below 6.6% and falling.
 25% of goods produced in South Africa are for export
 Richest in terms of its mineral reserves.

24. 2014 BRICS
Mini- IMF in the making
BRICS Development bank
Capital of $50 billion, with
Each country contributing $10 billion
 China:- $41billion
 Brazil:- $18 billion
 India:- $18 billion
 Russia:- $18 billion
 South Africa :- $5 billion