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Tuesday, May 4, 2010

G20 Membership Distribution


The European Union is represented by the Chairman and the European Central Bank, which explains the name of G20. The G20 also hosts the Bretton Woods institutions: the Chief of the IMF, World Bank president, that the International Monetary and Financial Committee and Development Committee of the IMF and World Bank.

In the G20, there are members G8 and emerging economies in ten countries . Australia and South Korea. Spain and to a lesser extent the Netherlands, Poland, Belgium, Sweden and Switzerland were not included although they are relatively high GNP. The main emerging unsuccessful ways to GDP are Iran, Thailand, Colombia, Venezuela, United Arab Emirates United States and Malaysia. The current G20 members represent approximately 65.2% of the world population. The schemes are divided as follows: a type union confederation, 14 republics (including seven federal republics and a People's Republic) and five monarchies (including an absolute monarchy).

The three states are members of NAFTA, which also has two G20 Mercosur States, four States of the European Union (which also sits in its own capacity) and 3 Member States of the Organization of Islamic Conference. The Asian continent is relatively well represented with countries like China, South Korea, India, Indonesia, Japan, but also Turkey and Saudi Arabia, South Africa is the continent's sole representative African G20.

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