Global Groupings
- Created by: Emma
- Created on: 27-12-12 20:36
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- Global Groupings
- LDC
- World's poorest low-income nations
- A group of arounf 50 nations have have been named 4th world countries
- Ethiopia, Afghanistan
- A group of arounf 50 nations have have been named 4th world countries
- World's poorest low-income nations
- NICs
- BRIC - Brazil, Russia, India, China
- Middle-income nations. Export and average earnings have risen at an unprecedented rate since the 1970's
- RIC's such as Singapore, South Korea
- FCCs
- Middle or low-oncome countries. break up of soviet union in 1989 created 15 ex-soviet states
- Middle Income - Russia
- Low income - Kazikstan
- Middle or low-oncome countries. break up of soviet union in 1989 created 15 ex-soviet states
- OPEC
- Organisationsof Petroleum Exporting Countries
- Petro-dollar earnings of states such as Saudi Arabia = one of wealthiest groups
- GDP of around $350 billion in 2007
- Petro-dollar earnings of states such as Saudi Arabia = one of wealthiest groups
- However, unevenly distributed among citizens
- E.g Nigeria has a life expectancy of 44
- Middle East, Africa, Indonesia
- Organisationsof Petroleum Exporting Countries
- OECD
- Organisation for Economic Corporation and Development
- 30 nations, high levels of wealth evenly distributed and good standards of living
- Groupings include all the world's highest income countries
- G8 (USA, Canada, UK, Germany, France, Italy, Japan, Russia)
- LDC
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