Are those counties in Summit 8 still the greatest 8?

Question

It says Summit 8. So I am sure it is supposed to mean "8 great countries in the world. Maybe when this Summit was first held, they were the greatest 8 counties, But do they still the greatest? Who defined, decided and picked the greatest eight? You know, the billboard hit chart they change the top ten songs depend of their sells and profitability. Why doe this Summit 8 have no liquidity at all? Don't you think the countries should have picked from the present value?

Now there is EU... so EU countries should be count as one? or... does Italy still have the power like it were in 20 years ago? Maybe it should be replaced to another country....

Answer 1

The Group of 8 are the top economic superpowers in the world with corresponding super military arsenal.

Answer 2

The Group of 8, or G8, consists of eight countries - Canada, France, Germany, Italy, Japan, Russia, the UK, and the US - that have the largest economies in the world. It's an informal group that meets every year to discuss global issues.

There is another group called the G8+5, and that consists of the G8 plus five economically developing countries: Brazil, China, India, Mexico and South Africa.

Answer 3

The G8 started out as the G7 during the 1970s. At that time, the G7 members were the economic and military powers of the Western world. After the Cold War, Russia was added because of its military and natural resources power.

Now I think the group should be expanded to include new powers like India, China, Brazil, and South Korea because of their growing global clout.

Answer 4

Whichever has the scariest bomb or biggest payoffs wins, those with both are members of the 8

Answer 5

i was thinking the same thing.. how come canada gets to be in but australia doesn´t.... how come there´s no representative from africa or s. america... (lol)

and who the flip does italy think they are, being in the top 8...