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.

RELATED TERMS
  1. Country Basket

    A selection of countries that are grouped together in order to ...
  2. Group of 22 (G22)

    An international summit formed by representatives from 22 countries. ...
  3. Group Of Seven - G-7

    A forum of the world's seven most industrialized economies. The ...
  4. Organization for Economic Cooperation ...

    A group of 30 member countries that discuss and develop economic ...
  5. International Monetary Fund - IMF

    An international organization created for the purpose of standardizing ...
  6. Group of 77

    The largest intergovernmental organization of developing nations ...
Related Articles
  1. Investing

    The Fab Five: South Africa Joins BRIC

    South Africa's inclusion in BRIC is considered premature by some, but there could be a method to the madness.
  2. Stock Analysis

    ETFs And The G8 Food Plan

    The G8 proposed an agriculture fund to help hungry countries produce food. Find out how this move could also help feed your portfolio.
  3. Personal Finance

    Water Cooler Finance: Billion-Dollar Summits And Barack Vs. BP

    Keep up to date with this week's financial and economic headlines.
  4. Economics

    Investing In Russia: A Risky Game?

    You might be better off playing roulette if you don't understand the risks of investing here.
  5. Economics

    What is the International Monetary Fund?

    The International Monetary Fund fosters global monetary cooperation and sustainable economic growth.
  6. Fundamental Analysis

    Emerging Markets: Analyzing Russia's GDP

    Understanding the GDP composition of the world's largest country, Russia.
  7. Forex Education

    Forex Tutorial: Economic Theories, Models, Feeds & Data

    There is a great deal of academic theory revolving around currencies. While often not applicable directly to day-to-day trading, it is helpful to understand the overarching ideas behind the ...
  8. Economics

    What to Expect from Russia's Oil-Dependent Economy

    The fate of Russia's economy is for the most part determined by the price of oil. Here's how it's likely to play out.
  9. Forex

    Why The Yuan (RMB) Is Russia's Favorite Currency

    Russia has agreed to a currency swap worth $24 billion with China. What is Russia's thinking behind promoting the Yuan in its economy?
  10. Options & Futures

    Evaluating Country Risk For International Investing

    Investing overseas begins with determining the risk of the country's investment climate.
RELATED FAQS
  1. What is the difference between International Monetary Fund and the World Bank?

    Learn about the International Monetary Fund and the World Bank and how they are differentiated by their respective functions ... Read Answer >>
  2. How does the price of oil affect Russia's economy?

    Discover how the changes in the price of oil affect Russia's economy. As a net exporter of oil, Russia depends on robust ... Read Answer >>
  3. What effect has globalization had on international investments?

    Learn how globalization impacts international investment and transforms economies around the world. Understand the implications ... Read Answer >>
  4. Where can I find the balance sheet of a country?

    Learn where to find balance sheets for different countries. Explore how different accounting standards may affect the quality ... Read Answer >>
  5. Is France a developed country?

    Discover what qualifies France as a developed country and how its diverse economy has helped it become one of the largest ... Read Answer >>
  6. Under what circumstances will a government change its monetary policy?

    Learn about the kind of variables, including political and theoretical factors, that can bring about change in a government's ... Read Answer >>
Hot Definitions
  1. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  2. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
  3. Quarter - Q1, Q2, Q3, Q4

    A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
  4. Weighted Average Cost Of Capital - WACC

    Weighted average cost of capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is ...
  5. Basis Point (BPS)

    A unit that is equal to 1/100th of 1%, and is used to denote the change in a financial instrument. The basis point is commonly ...
  6. Sharing Economy

    An economic model in which individuals are able to borrow or rent assets owned by someone else.
Trading Center