Group of 22 (G22)

AAA

DEFINITION of 'Group of 22 (G22)'

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 'Group of 22 (G22)'

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 The G22 has since been superseded by the Group of 33 and the Group of 20.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. ...
  2. World Trade Organization - WTO

    An international organization dealing with the global rules of ...
  3. International Monetary Fund - IMF

    An international organization created for the purpose of: 1. ...
  4. Monetary Policy

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

    A semiannual report by the International Monetary Fund (IMF) ...
  6. Commercial Real Estate Loan

    definition of a commercial real estate loan
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?

comments powered by Disqus
Hot Definitions
  1. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  2. 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. ...
  3. 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 ...
  4. 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. ...
  5. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
  6. Limit-On-Open Order - LOO

    A type of limit order to buy or sell shares at the market open if the market price meets the limit condition. This type of ...
Trading Center