Model Answer
0 min readIntroduction
The G8+5 refers to a forum initiated in 2007 during the Heiligendamm Summit, aiming to broaden dialogue and cooperation on global economic issues. It emerged from a desire to include major emerging economies in discussions previously limited to the G8 industrialized nations, recognizing their growing influence on the world stage.
The G8 originally comprised Canada, France, Germany, Italy, Japan, Russia (suspended in 2014), the United Kingdom, and the United States.
The '+5' Countries
The '+5' represents five major emerging economies invited to participate in the G8’s outreach efforts:
- Brazil
- China
- India
- Mexico
- South Africa
Purpose & Evolution
The G8+5 aimed to foster collaboration on issues like climate change, global health, and trade. However, the format proved somewhat unwieldy. The G8 itself evolved into the G7 after Russia’s suspension. The G20, established in 1999 and gaining prominence after the 2008 financial crisis, largely superseded the G8+5 as the primary forum for international economic cooperation.
Conclusion
The G8+5 was a transitional arrangement reflecting the shifting global economic landscape. While it facilitated initial engagement with emerging powers, the G20 ultimately became the more effective and inclusive platform for addressing global economic challenges, rendering the G8+5 largely obsolete.
Answer Length
This is a comprehensive model answer for learning purposes and may exceed the word limit. In the exam, always adhere to the prescribed word count.