SAPs are implemented to increase the income of countries by promoting exports, which in turn helps to repay debts owed to the IMF. Not forgetting that one of the key arguments of those who promote sovereignty is the power of the Group of Eight, or G8, since, due to them being the first world powers, many believe that this would mean the precious cultures and sovereignty economy of third world countries. would be damaged by SAP. First, the G8 brings together eight of the IMF's executive members who meet annually to discuss major global issues, particularly concerning the globalized political and economic situation. The executive council has 24 members, but the other 16 are elected for two-year terms and are based on regions and not individual powers, making the G8 much more powerful and as such they have the greatest influence, which means dismay for those who value equal influence from all angles. The G8 includes: the United States of America, France, Germany, Russia, Canada, Japan, Italy and Great Britain. Many opposing views point to the fact that these countries support extensive