Low Risk Countries

Low Risk Countries 

The Group of Eight (G8) Industrialized Nations

The Group of Eight (G8) refers to the group of eight highly industrialized nations—France, Germany, Italy, the United Kingdom, Japan, the United States, Canada and Russia – that hold an annual meeting to foster consensus on global issues like economic growth, crisis management, global security, energy and terrorism. The forum enables presidents and prime ministers, as well as their finance and foreign ministers, to candidly discuss pressing international issues. Its small and static membership, however, excludes emerging powers from important talks concerning the global economy and international security and as an informal grouping, states have little leverage over other members with which to secure compliance on agreements beyond imposing reputational costs.

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