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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.
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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.
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Chances are you've heard of the IMF. But what does it do, and why is it so controversial?
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Emerging markets provide new investment opportunities, but there are risks - both to residents and foreign investors.
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Proponents of globalization argue that it helps the economies of developing nations and makes goods cheaper, while critics say that globalization reduces domestic jobs and exploits ...
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The World Trade Organization has its share of detractors. Find out why this international entity has such harsh critics.
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