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 Five - G-5

    Name given to the five industrialized nations that meet periodically ...
  3. Group of 22 (G22)

    An international summit formed by representatives from 22 countries. ...
  4. Financial Cooperative

    A financial institution that is owned and operated by its members. ...
  5. Group Of Seven - G-7

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

    A group of 30 member countries that discuss and develop economic ...
Related Articles
  1. Economics

    What is the International Monetary Fund?

    The International Monetary Fund fosters global monetary cooperation and sustainable economic growth.
  2. Economics

    Is Russia’s Economy Really Healing? (RBL)

    Is Russia’s Economy Really Healing?
  3. Personal Finance

    Christine Lagarde

    In honor of March's Women's History Month, we look at five prominent female leaders who've taken leading roles at tables mostly populated by men.
  4. Fundamental Analysis

    Emerging Markets: Analyzing Russia's GDP

    Understanding the GDP composition of the world's largest country, Russia.
  5. 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 ...
  6. 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.
  7. Economics

    Sanctions & Falling Oil Prices Hit Ruble Hard

    Russia, through its aggressive actions, has brought upon itself sanctions which, coupled with falling oil prices, have adversely impacted its economy.
  8. Mutual Funds & ETFs

    Short Russia with Direxion's Daily Russia Bear 3X

    Looking to short Russia? Check out the Direxion Daily Russia Bear 3X ETF.
  9. Options & Futures

    Evaluating Country Risk For International Investing

    Investing overseas begins with determining the risk of the country's investment climate.
  10. Stock Analysis

    The Top 6 Russian ETFs (RSX, ERUS)

    Six Russian ETFs offer broad exposure to that country’s publically-traded companies, with Market Vectors Russia ETF (RSX) presenting a superior choice.
RELATED FAQS
  1. Is Russia a developed country?

    Learn why Russia, despite once reigning alongside the United States as a world superpower, does not qualify as a developed ... Read Answer >>
  2. 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 >>
  3. 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 >>
  4. How do externalities affect equilibrium and create market failure?

    Learn about the responsibilities of the International Monetary Fund and its functions regarding the international monetary ... Read Answer >>
  5. What is the difference between market risk and country risk?

    Learn about market risk and country risk, some examples of each and the main difference between these two types of risks. Read Answer >>
  6. 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 >>
Hot Definitions
  1. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  2. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  3. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  6. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
Trading Center