DEVS 100 Lecture Notes - Lecture 22: Social Enterprise, Devs, Civil Society

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Week 11 the brics; civil society and social movements. Terminologies: brics economic and political grouping of brazil, russia, india, china and south africa. Original group was brazil, russia, india and china: term coined by banker goldman sachs, first summit in 2009. Large, fast growing economies: 3 billion people, combined gdp pf us. 7 trillion in 2011, us trillion in combined foreign reserves. Counter-weight to us and eu hegemony: economic, political, not military, (cid:862)defe(cid:374)de(cid:396)s a(cid:374)d p(cid:396)o(cid:373)ote(cid:396)s of developing countries and a force for a world pea(cid:272)e(cid:863) (cid:894)hu ji(cid:374)tao(cid:895) influence regional and global affairs. The g7 (cid:396)ep(cid:396)ese(cid:374)ts 7 la(cid:396)gest (cid:862)ad(cid:448)a(cid:374)(cid:272)ed(cid:863) e(cid:272)o(cid:374)o(cid:373)ies i(cid:374) the (cid:449)o(cid:396)ld, (cid:449)ith app(cid:396)o(cid:454)i(cid:373)atel(cid:455) two-thirds of global net wealth. Started in the mid-70s. the eu is also represented within the g7 summit: usa, canada, uk, france, japan, germany. Founded in 1999, the g20 aims to discuss policy pertaining to the promotion of international financial stability.

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