Fastest Way to Economic Improvement
Pic by PBS Hawaii.org
There is a trend that industrialization brings to developing nations that just might surprise you. First the world had the G-7 and now we have the G-20.
The expansion of nations to create the G-20 has nicely identified those nations to watch the replication of the surprise path to wealth. Family size gets smaller and families become richer. The developing nations within the G-20 are creating an opportunity of economic growth that will create conditions for businesses to grow and to lower world poverty by a large margin. International nonprofits should look towards the G-20 and decide whether their mission should move on to another country or focus now in these developing countries to get the biggest impact for their dollar.
The G-20 is made up of the finance ministers and central bank governors of 19 countries:
- Argentina
- Australia
- Brazil
- Canada
- China
- France
- Germany
- India
- Indonesia
- Italy
- Japan
- Mexico
- Russia
- Saudi Arabia
- South Africa
- South Korea
- Turkey
- United Kingdom
- United States of America
The European Union is represented by the rotating Council presidency and the European Central Bank, it is the 20th member of the G-20.
