The G20 - Group of 20
The Group of twenty, G20, is the International forum that brings together the heads of governments and central bankers from the twenty major economies of the world. This includes the G7 plus 13 other countries.
United Kingdom, Canada, Australia, United States,
France, Germany, Italy, European Union,
Russia, Saudi Arabia, Turkey, South Africa,
Japan, China, South Korea, Indonesia, India,
Argentina, Brazil, Mexico.
It was founded in 1999 with the aim to discuss policy pertaining to the promotion of International Financial stability. Collectively, the G20 economies account for around 90% of the gross world product, 80% of world trade, two-thirds of the world population, and approximately half of the world`s land area. They meet annually in various countries.
Since inception, the recurring themes covered by the G20 summit participants have related in priority to global economic growth, international trade and financial market regulation.
During a summit in November 2008 (Global Financial Crisis) the leaders of the group pledged to contribute trillions to international finance organisations, mainly for re-establishing the global financial system.
After the adoption of the UN Sustainable Development Goals and the Paris Climate Agreement in 2015, more issues of global significance were added to the G20 agenda: migration, digitisation, employment, healthcare, the economic empowerment of women and development aid. So we can see that the G20`s agenda covers most of society, however they do not have the authority to make decisions that are legally binding.
This is the next step towards the Global Government - taking authority to itself, to be a legal International Institution.
The Group of twenty, G20, is the International forum that brings together the heads of governments and central bankers from the twenty major economies of the world. This includes the G7 plus 13 other countries.
United Kingdom, Canada, Australia, United States,
France, Germany, Italy, European Union,
Russia, Saudi Arabia, Turkey, South Africa,
Japan, China, South Korea, Indonesia, India,
Argentina, Brazil, Mexico.
It was founded in 1999 with the aim to discuss policy pertaining to the promotion of International Financial stability. Collectively, the G20 economies account for around 90% of the gross world product, 80% of world trade, two-thirds of the world population, and approximately half of the world`s land area. They meet annually in various countries.
Since inception, the recurring themes covered by the G20 summit participants have related in priority to global economic growth, international trade and financial market regulation.
During a summit in November 2008 (Global Financial Crisis) the leaders of the group pledged to contribute trillions to international finance organisations, mainly for re-establishing the global financial system.
After the adoption of the UN Sustainable Development Goals and the Paris Climate Agreement in 2015, more issues of global significance were added to the G20 agenda: migration, digitisation, employment, healthcare, the economic empowerment of women and development aid. So we can see that the G20`s agenda covers most of society, however they do not have the authority to make decisions that are legally binding.
This is the next step towards the Global Government - taking authority to itself, to be a legal International Institution.
