G20:
G20 is made up of the finance ministers and central bank governors of 20 countries.

What do they do?

Promote balanced and sustainable economic development in order to narrow development imbalances and reduce poverty
Hold meetings to discuss ways to strengthen the global economy, reform international financial institutions, improve financial regulations and implement the key economic reforms that are needed in each member economy
Meet in times of economic crisis to discuss solutions

G8:
Group of 8 highly industrialised countries that hold an annual meeting to foster consensus on global issues like economic growth and crisis management, global security, energy and terrorism.

G12:
Group of 12 industrially advanced countries whose central banks co-operate to regulate international finance

Role in neocolonialism and maintaining superpowers:

A landmark G8 initiative is to boost agriculture and relieve poverty has been damned as a new form of colonialism after African governments agreed to change seed, land and tax laws to favour private investors over small farmers
Its members have the authority to make decisions on global issues. They are therefore given the power to make decisions from countries across the world. This helps maintain its member superpower status

	Created by Caitlyn Grayston almost 9 years ago

A-Level Geography (A Level Superpowers) Note on Neocolonial organisations of power, created by Caitlyn Grayston on 04/06/2017.