Group of Eight - G-8


DEFINITION of 'Group of Eight - G-8'

Eight of the world's economically leading countries that in a cooperative effort meet periodically to address international economic and monetary issues.

BREAKING DOWN 'Group of Eight - G-8'

G-8 is considered global policy making at its highest level. The G-8 includes the Group of Seven countries along with Russia. Russia, although not a full member, has been in attendance since 1994.

  1. G7 Bond

    A term used to refer to government bonds issued by a nation in ...
  2. Group Of Twenty - G-20

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  3. World Economic Forum

    A discussion forum for discussing the major issues concerning ...
  4. Economics

    A social science that studies how individuals, governments, firms ...
  5. Group Of Seven - G-7

    A forum of the world's seven most industrialized economies. The ...
  6. Group of Five - G-5

    Name given to the five industrialized nations that meet periodically ...
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  1. Who decides to print money in Russia?

    The Central Bank of the Russian Federation (CBRF), like its peers in most countries, is the governmental entity responsible ... Read Full Answer >>
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    Colombia meets the criteria of an emerging market economy. The South American country has a much lower gross domestic product, ... Read Full Answer >>
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    Mexico meets all the criteria of an emerging market economy. The country's gross domestic product, or GDP, per capita beats ... Read Full Answer >>
  4. Is Argentina a developed country?

    Argentina is not a developed country. It has one of the strongest economies in South America or Central America and ranks ... Read Full Answer >>
  5. Is Brazil a developed country?

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