G20

Major economies forum

The G20, or Group of Twenty, is an international forum of the world's largest economies—nineteen countries plus the European Union—that meets to coordinate economic policy and address global financial issues.

The G20 emerged after the 2008 financial crisis as a more inclusive alternative to the G7: G20 leaders pledged to stabilize markets.

Annual summits draw protests and heavy security.

diplomacy

summit

Peak or diplomatic gathering

sherpa · declaration · negotiation · dialogue · consensus · accord · treaty · ratification · host country · sidelines

economy

trade

Exchange of commodities

  • GDPNational output abbreviation
  • growthIncrease in size
  • inflationSustained price level increase

recession · fiscal policy · monetary policy · currency · exchange rate · markets · investment · tariffs · exports · imports

institutions

IMF

Global economic assistance organization

  • World BankGlobal development finance institution
  • WTOGlobal commerce regulator
  • OECDInternational economic policy organization

UN · ILO · WHO · regional blocs

membership

Argentina

Southern cone republic

  • AustraliaSouthern Hemisphere continent-country
  • BrazilLargest South American nation
  • CanadaNorthern North American nation

China · France · Germany · India · Indonesia · Italy · Japan · Mexico · Russia · Saudi Arabia

issues

climate change

Planetary atmospheric transformation

digital economy · tax evasion · corruption · migration · inequality · sustainable development · supply chains

protests

demonstrations

Public displays of opinion

security zone · tear gas · water cannon · dissent · civil society · NGOs · counterprotest · barricades

Categories
Opposites
economic power and global influence

G20failed states

Countries lacking functional government

SIDS · Global South · developing nations

inclusivity and representation

G20UN General Assembly

Main deliberative body worldwide

G7 · G8 · bilateral agreement · unilateral action

Phrases
Family

G7, G8

Familiarity
Top 500,000
Profile
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