There’s no objective metric at all. It was really just the most important economic allies of the US in 1975.
The G20 was partially founded in response to criticism that 7 countries were making economic decisions for the world. The G7 chose who was invited to join. Indonesia and the Philippines are both kind of members (permanent invitees) through ASEAN.
There’s no objective metric at all. It was really just the most important economic allies of the US in 1975.
The G20 was partially founded in response to criticism that 7 countries were making economic decisions for the world. The G7 chose who was invited to join. Indonesia and the Philippines are both kind of members (permanent invitees) through ASEAN.
Thanks for your various additional info and clarifications on the topic!