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LOGO Company LOGO Global economic forum to expand permanently 仅供个人学习研究使用 Global Economic Forum 1. The Group of Twenty 2. The Group of Seven 3. The Group of Eight What is G20 The Group of Twenty (G-20) Finance Ministers and Central Bank Governors was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers. Membership Leadership Summits As there were economic crisis from 2007 to 2010, the G20 held Leadership Summits to discuss the countermeasures since 2008. And the summits would be held twice a year since 2009. The second purpose of the Summit is to change the situation that no new Industrial countries were included in the global economy and management of the past meetings. France is very honored to chair the Group of Twenty in 2011 . Achievements The G-20 has progressed a range of issues since 1999, including agreement about policies for growth, reducing abuse of the financial system, dealing with financial crises and combating terrorist financing To tackle the financial and economic crisis that spread across the globe in 2008, the G20 members were called upon to further strengthen international cooperation. Accordingly, the G20 Summits have been held in Washington in 2008, in London and Pittsburgh in 2009, and in Toronto and Seoul in 2010. Achievements The concerted and decisive actions of the G20, with its balanced membership of developed and developing countries helped the world deal effectively with the financial and economic crisis, and the G20 has already delivered a number of significant and concrete outcomes . The Group of Seven Group of Seven The G7 (also known as the G-7) is the meeting of the finance ministers from a group of seven industrialized nations. It was formed in 1976, whe