Group of 22 (G22)

A A A

DEFINITION

An international summit formed by representatives from 22 countries. Each of the 22 countries sends representatives, such as central bankers or finance ministers, to attend the summit to strategize on global finance. The goal of the G22 is to stabilize the global financial systems and avoid global economic crises through international policies and cooperation.

INVESTOPEDIA EXPLAINS

The G22 was announced by APEC leaders in 1997, and first met in 1998 in Washington. The group is made up of the members of the G8 along with 14 other nations. The G22 has since been superseded by the Group of 33 and the Group of 20.




RELATED TERMS
  1. Fiscal Policy

    Government spending policies that influence macroeconomic conditions. These ...
  2. International Monetary Fund - IMF

    An international organization created for the purpose of: 1. Promoting global ...
  3. Monetary Policy

    The actions of a central bank, currency board or other regulatory committee ...
  4. Global Financial Stability Report ...

    A semiannual report by the International Monetary Fund (IMF) that assesses the ...
  5. World Trade Organization - WTO

    An international organization dealing with the global rules of trade between ...
  6. Lion economies

    A nickname given to Africa's growing economies.
  7. TIMP (acronym)

    'TIMP' is an acronym that stands for 'Turkey, Indonesia, Mexico ...
  8. Eurasian Economic Union (EEU)

    An economic union created in 2014 by a treaty signed by Russia, Kazakhstan and ...
  9. Hollowing Out

    The deterioration of a country’s manufacturing sector when producers opt for ...
  10. Heckscher-Ohlin Model

    An economic theory that states that countries export what they can most easily ...
Related Articles
  1. What Is The World Bank?
    Insurance

    What Is The World Bank?

  2. Global Trade And The Currency Market
    Forex Education

    Global Trade And The Currency Market

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

    An Introduction To The International ...

  4. What Is An Emerging Market Economy?
    Economics

    What Is An Emerging Market Economy?

  5. Perfect Competition
    Economics

    Perfect Competition

  6. Mixed Economic System
    Economics

    Mixed Economic System

  7. An Analysis Of Social Security Benefits ...
    Retirement

    An Analysis Of Social Security Benefits ...

  8. How the Cost of Living Affects Your ...
    Personal Finance

    How the Cost of Living Affects Your ...

  9. What Exactly is a Socialist Economy?
    Economics

    What Exactly is a Socialist Economy?

  10. How Countries Deal With Debt
    Credit & Loans

    How Countries Deal With Debt

comments powered by Disqus
Hot Definitions
  1. Identity Fraud Reimbursement Program

    A financial product that offers reimbursment for the costs associated with having been a victim of identity theft. These costs may include getting affidavits notarized for police and financial institutions, postage for sending certified mail to police and financial institutions, lost earnings resulting from time spent recovering one's identity, and legal fees.
  2. Cash and Carry Transaction

    A type of transaction in the futures market in which the cash or spot price of a commodity is below the futures contract price. Cash and carry transactions are considered arbitrage transactions.
  3. Amplitude

    The difference in price from the midpoint of a trough to the midpoint of a peak of a security. Amplitude is positive when calculating a bullish retracement (when calculating from trough to peak) and negative when calculating a bearish retracement (when calculating from peak to trough).
  4. Ascending Triangle

    A bullish chart pattern used in technical analysis that is easily recognizable by the distinct shape created by two trendlines. In an ascending triangle, one trendline is drawn horizontally at a level that has historically prevented the price from heading higher, while the second trendline connects a series of increasing troughs.
  5. National Best Bid and Offer - NBBO

    A term applying to the SEC requirement that brokers must guarantee customers the best available ask price when they buy securities and the best available bid price when they sell securities.
  6. Maintenance Margin

    The minimum amount of equity that must be maintained in a margin account. In the context of the NYSE and FINRA, after an investor has bought securities on margin, the minimum required level of margin is 25% of the total market value of the securities in the margin account.
Trading Center