BRIC and G77: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Expand for origins. Source: Investopedia.)
 
imported>Doug Williamson
(Add link.)
 
Line 1: Line 1:
Brazil, Russia, India and China.
An organisation of developing states within the United Nations, established in 1964 with 77 original members.  


The term 'BRIC' was coined in the early 2000s, at which time it was considered that these four economies would be the fastest-growing in the world.
Although membership of the G77 subsequently increased substantially, the original name was retained because of its historical significance.
 
 
The G77's aims include:
#Providing the means for the countries of the South to articulate and promote their collective economic interests and enhance their joint negotiating capacity on major international economic issues within the United Nations system, and
#Promoting South-South cooperation for development.
 
 
Also known as the Group of 77 or 'G-77'.  




== See also ==
== See also ==
* [[BRICS]]
* [[G3]]
* [[MINT]]
* [[G5]]
* [[G7]]
* [[G8]]
* [[G10]]
* [[G20]]
* [[Group]]
 
[[Category:The_business_context]]

Revision as of 08:02, 4 July 2022

An organisation of developing states within the United Nations, established in 1964 with 77 original members.

Although membership of the G77 subsequently increased substantially, the original name was retained because of its historical significance.


The G77's aims include:

  1. Providing the means for the countries of the South to articulate and promote their collective economic interests and enhance their joint negotiating capacity on major international economic issues within the United Nations system, and
  2. Promoting South-South cooperation for development.


Also known as the Group of 77 or 'G-77'.


See also