G7
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It has been suggested that this article or section be merged with G8. (Discuss) Proposed since January 2012. |
Canadian Finance Minister Jim Flaherty,
French Finance Minister Christine Lagarde,
German Finance Minister Peer Steinbrueck,
U.S. Treasury Secretary Henry Paulson,
Italy's Finance Minister Tommaso Padoa-Schioppa,
Japan's Finance Minister Fukushiro Nukaga,
UK Chancellor of the Exchequer Alistair Darling and
Chairman of the Eurogroup, Jean-Claude Juncker.
The G7 (also known as the G-7) is international finance group consisting of of the finance ministers from seven industrialized nations.
[edit] History
The G7 began in 1975 as the Group of Six and included the countries of France, Germany, Italy, Japan, United Kingdom, and United States. and was joined by Canada the following year .[1] Collectively, the G7 nations comprised 50.4% of global nominal GDP and 39.3% of global GDP (PPP). This group meets several times a year to discuss economic policies. Their work is supported by regular, functional meetings of officials, including the G7 Finance Deputies.[2]
The G7 met in Washington D.C. twice in 2008 [3] and in February 2009, in Rome, to discuss the global financial crisis of 2007-2010.[4][5] The group of finance ministers has pledged to take "all necessary steps" to help stem the crisis.[6]
| Date | Host country | Host leader | Location held |
|---|---|---|---|
| November 15–17, 1975 | France | Jean-Pierre Fourcade | Château de Rambouillet, Rambouillet |
| June 27–28, 1976 | United States | Jan Jordan Rodriguez | Dorado Beach Hotel, Dorado, Puerto Rico |
| May 7–8, 1977 | United Kingdom | Denis Healey | No. 10 Downing Street, London |
| July 16–17, 1978 | West Germany | Hans Matthöfer | official residence of the Chancellor of the Federal Republic of Germany Bonn |
| May 28–30, 1983 | USA | Ronald Reagan | Colonial Williamsburg, Williamsburg, Virginia |
| June 19–23, 1988 | Canada | Michael Wilson | Metro Toronto Convention Centre, Toronto, Ontario |
| July 9–11, 1990 | USA | James Baker | Rice University and other locations in the Museum District Houston, Texas |
| June 15–17, 1995 | Canada | Paul Martin | Summit Place, Halifax. Nova Scotia |
| June 27–29, 1996 | France | Jean Arthuis | Museum of Contemporary Art (Musée d'art Contemporain de Lyon), Lyon |
| July 6–8, 2001 | Italy | Vincenzo Visco | Palermo |
| February 6–8, 2010 | Canada | Jim Flaherty | Iqaluit, Nunavut 2010[7] - finance minister's meeting at the Legislative Assembly of Nunavut[8] |
[edit] See also
[edit] References
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Wikimedia Commons has media related to: Group of Seven |
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Wikinews has related news: Economic policy makers conclude Washington meetings |
- ^ 2008 Evian summit - Questions about the G8
- ^ "Who Are the group of Seven?". Women's International Media group. http://www.womensgroup.org/G-7REPOR.html. Retrieved 2008-10-22.
- ^ Bo Nielsen, "G7 Statement Fails to Convince Major Traders to Change Outlook, Bloomberg L.P., April 14, 2008
- ^ Simon Kennedy, "G7 `Against the Wall,' Weighs Loan-Guarantee Plan (Update1), Bloomberg L.P., October 10, 2008 08:06 EDT
- ^ Yahoo.com[dead link]
- ^ Simon Kennedy, "G7 Commit to 'All Necessary Steps' to Stem Meltdown (Update3), Bloomberg L.P., October 11, 2008 20:56 EDT
- ^ Brennan, Richard J. (January 27, 2010). "Canada calls on developed nations to forgive Haiti’s debt". Toronto Star. http://www.thestar.com/news/canada/article/756652--canada-calls-on-developed-nations-to-forgive-haiti-s-debt. Retrieved 2010-01-27.
- ^ "CBC News - North - G7 leaders enjoy Arctic outing before talks". Cbc.ca. 2010-02-05. http://www.cbc.ca/canada/north/story/2010/02/05/g7-north.html. Retrieved 2010-06-27.
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