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Thursday, October 13, 2011

The United States and the G-20

For those of you who do not know what the G-20 is.
The United States and the G-20: What Is the G-20?

The leaders of the G-20 countries meet annually in a summit to discuss international policy issues ranging from the economy to climate change. In response to economic crises, the seven leading industrialized nations plus Russia, better known as the G-8, invited twelve additional emerging economies in 1999 to join their forum and become the G-20. The G-20 represents 90% of the world's economic output.

Both the G-8 and the G-20 have co-existed since 1999. The G-20 should not be confused with the original G-7, established in 1976, which is a forum of finance ministers and central bankers from US, Japan, Germany, UK, France, Italy and Canada.
Members of the G-20
he members of the G-20 are:
  • US
  • Japan
  • Germany
  • UK
  • France
  • Italy
  • Canada
  • Russia
  • Argentina
  • Australia
  • Brazil
  • China
  • India
  • Indonesia
  • Mexico
  • Saudi Arabia
  • South Africa
  • South Korea
  • Turkey
  • European Union
The first eight countries listed are the members of the G-8.


The members of the G-20 are:

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