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The '''Group of Twenty Finance Ministers and Central Bank Governors''' (also known as the "G-20") is an informal forum that promotes open and constructive discussion between industrial and emerging-market countries on key issues related to global economic stability.
The '''Group of Twenty Finance Ministers and Central Bank Governors''' (also known as the "G-20") is an informal forum that promotes open and constructive discussion between industrial and emerging-market countries on key issues related to global economic stability.
The inaugural meeting of the G-20 took place in Berlin, on 15-16 December, 1999, hosted by the German and Canadian finance ministers. It was created in response to the financial crises which occurred towards the end of the 1990s. In addition, it offered a platform for the largest emerging-market economies, which had previously been excluded from forums such as the [[G-8]].
The inaugural meeting of the G-20 took place in Berlin, on 15-16 December, 1999, hosted by the German and Canadian finance ministers. It was created in response to the financial crises which occurred towards the end of the 1990s. In addition, it offered a platform for the largest emerging-market economies, which had previously been excluded from forums such as the Group of Eight [[G-8]].
The G-20 announced in Sept. 2009 that it will become the permanent council for international economic cooperation, eclipsing the Group of Eight.
==Membership==
==Membership==
===Member countries===
===Member countries===
[[Argentina]], [[Australia]], [[Brazil]], [[Canada]], [[China]], [[France]], [[Germany]], [[India]], [[Indonesia]], [[Italy]], [[Japan]], [[Mexico]], [[Russia]], [[Saudi Arabia]], [[South Africa]], [[South Korea]], [[Turkey]], the [[United Kingdom]] and the [[United States of America]], and the European Union.
[[Argentina]], [[Australia]], [[Brazil]], [[Canada]], [[China]], [[France]], [[Germany]], [[India]], [[Indonesia]], [[Italy]], [[Japan]], [[Mexico]], [[Russia]], [[Saudi Arabia]], [[South Africa]], [[South Korea]], [[Turkey]], the [[United Kingdom]] and the United States, and the [[European Union]].
==Also see==
==Also see==