Group Of Twenty - G-20

AAA

DEFINITION of 'Group Of Twenty - G-20'

A group of finance ministers and central bank governors from 19 of the world's largest economies, and the European Union. The G-20 was formed in 1999 as a forum for member nations to discuss key issues related to the global economy. The mandate of the G-20 is to promote growth and economic development across the globe.

INVESTOPEDIA EXPLAINS 'Group Of Twenty - G-20'

The Group of Twenty consists of the members of the G-7, 12 other nations (including China, India, Brazil and Saudi Arabia), and rotating council presidency from the European Union. The commitee's inaugural meeting took place in Berlin in December of 1999.

RELATED TERMS
  1. United Nations - UN

    An international organization formed in 1945 to increase political ...
  2. Food And Agriculture Organization ...

    A United Nations agency that works on international efforts to ...
  3. Group of 77

    The largest intergovernmental organization of developing nations ...
  4. World Trade Organization - WTO

    An international organization dealing with the global rules of ...
  5. Group of Five - G-5

    Name given to the five industrialized nations that meet periodically ...
  6. Group Of Seven - G-7

    A forum of the world's seven most industrialized economies. The ...
Related Articles
  1. The Dark Side Of The WTO
    Economics

    The Dark Side Of The WTO

  2. Globalization: Progress Or Profiteering?
    Economics

    Globalization: Progress Or Profiteering?

  3. What Is The World Bank?
    Insurance

    What Is The World Bank?

  4. An Introduction To The International ...
    Fundamental Analysis

    An Introduction To The International ...

comments powered by Disqus
Hot Definitions
  1. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  2. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  3. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  4. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  5. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  6. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
Trading Center