G7 - Mashpedia All-in-One Encyclopedia

For other uses, see G7 (disambiguation).

"Group of Six" redirects here. For other uses, see G6 (disambiguation).

G7 finance ministers at the 2008 meeting (front row, L-R):
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, or G-7, is a group consisting of the finance ministers of seven industrialized nations: the U.S., U.K., France, Germany, Italy, Canada and Japan. They are seven of the eight (China excluded) wealthiest nations on Earth, not by GDP but by global net wealth. The G7 represents more than the 66% of net global wealth ($223 trillion), according to Credit Suisse Global Wealth Report September 2012. The last meeting of the G7 took place in May 2013 in Aylesbury in the United Kingdom.Other meetings of the G7 are already planned.

1 History
2 Gallery
3 See also
4 References

History [edit]

The G7 began in 1975 as the Group of Six and included the countries of France, West 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 disputes.^[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 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	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	United States	Ronald Reagan	Colonial Williamsburg, Williamsburg, Virginia
June 19–23, 1988	Canada	Michael Wilson	Metro Toronto Convention Centre, Toronto, Ontario
July 9–11, 1990	United States	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
February 11–13, 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]

Gallery [edit]

G7 Statue, Parc de la Tête d'Or, Lyon (1996)
plaque for statue, Lyon (1996)
plaque for Statue, Lyon (1996)

References [edit]

Wikimedia Commons has media related to: Group of Seven

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. 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.
^ 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. Retrieved 2010-01-27.
^ "CBC News - North - G7 leaders enjoy Arctic outing before talks". Cbc.ca. 2010-02-05. Retrieved 2010-06-27.

Power in international relations

Types	Economic Energy Food Hard National Power politics Realpolitik Smart Soft

Status	Emerging Small Middle Regional Great Super potential Hyper

Geopolitics	American Asian British Chinese Indian Pacific

History and theory	Balance of power European Historical powers Philosophy of power Polarity Power projection Power transition theory Second Superpower Sphere of influence Superpower collapse Superpower disengagement

Studies	Composite Index of National Capability Comprehensive National Power

Organizations and groups by region or regions affected

Africa	African Union Union for the Mediterranean

Africa–Asia	Arab League Cooperation Council for the Arab States of the Gulf (GCC) Organisation of Islamic Cooperation (OIC)

Americas	Mercosur North Atlantic Treaty Organization (NATO) Organization of American States (OAS) Union of South American Nations (Unasur)

Asia	Asia-Pacific Economic Cooperation (APEC) Association of Southeast Asian Nations (ASEAN) China–Japan–South Korea trilateral summits South Asian Association for Regional Cooperation (SAARC) Shanghai Cooperation Organisation (SCO)

Europe	European Union (EU)

Eurasia	Commonwealth of Independent States (CIS) Collective Security Treaty Organisation (CSTO) Turkic Council

America–Europe	North Atlantic Treaty Organization (NATO)

Africa–Asia–Europe	Union for the Mediterranean

Pacific	Australia–New Zealand–United States Security Treaty (ANZUS) Asia-Pacific Economic Cooperation (APEC) Melanesian Spearhead Group (MSG) Polynesian Leaders Group (PLG)

Non-regional	Brazil–Russia–India–China–South Africa (BRICS) Commonwealth of Nations Colombia–Indonesia–Vietnam–Egypt–Turkey–South Africa (CIVETS) E7 E9 G4 G7 G8 G8+5 G20 G24 G77 India–Brazil–South Africa Dialogue Forum (IBSA) Mexico–Indonesia–South Korea–Turkey (MIKT) Next Eleven (N-11) Non-Aligned Movement (NAM) Organisation for Economic Co-operation and Development (OECD) Uniting for Consensus

Global	United Nations (UN)

G7

Contents

History [edit]

Gallery [edit]

See also [edit]

References [edit]