G5
19 hours agoThe Group of Five (G5) consists of five nations that have united to play an active role in the swiftly changing international landscape.
Both individually and collectively, the G5 countries strive to foster dialogue and understanding between developing and developed nations.
In the 21st century, the G5 is recognized as the five largest emerging economies, which include:
- Brazil
- China
- India
- Mexico
- South Africa
The G8, along with the five largest emerging economies, is referred to as G8+5.
The term "Group of Five" serves as a context-specific shorthand for a collection of five nations.
The makeup of these five countries and the meaning of the term can vary across different time periods.
Originally, the term "Group of Five" or "G5" referred to the five leading economies globally, but its usage has evolved over time.
It eventually came to denote the next tier of nations whose economies had grown significantly enough to be considered alongside the world's eight largest economies.
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