answersLogoWhite

0

What does G20 stand for?

Updated: 8/19/2022
User Avatar

Wiki User

13y ago

Best Answer

Group of Twenty Finance Ministers and Central Bank Governors.

Each from 20 different economies such as; Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, Korea, Turkey, the United Kingdom, United States and European Union.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What does G20 stand for?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

What is the global perspective on the G20?

For a global perspective from global business news sources on the G20 summit, check out these results from Newssift using the query: G20 Summit + London + G20 Leaders Link to results: http://www.newssift.com/results.jsp?n=theme:2133661793:G20%20Summit|place:2145487041PLUS237622:London|theme:2134055084:G20%20Leaders&po=0&ed=&sd=2009-03-15&sort=&newN=theme:2134055084:G20%20Leaders&sequence=theme:2133661793:G20%20Summit|place:2145487041PLUS237622:London&slaTerm=


How much does G8 and G20 summits cost for security?

The security at the G8 and G20 summits will cost $1 billion.


How often do the G20 summit meet?

Once a year


Where is the 2009 G20 summit being held?

The G-20 Summit will take place in Pittsburgh, Pennsylvania.


What is the purpose of the G20 summit?

PURPOSE OF G20 SUMMIT:1.Coordinated macro-economic actions to revive the global economy, stimulate growth and employment - review measures taken and possible further steps.2.Reform and improve financial sector & systems - continue to deliver progress on the Washington Summit action plan3.Reform international financial institutions (IFIs) - International Monetary Fund (IMF), Financial Stability Forum (FSF) and World Bank.4.G20 STREESED TO WORK TOGETHER TO OVERCOME THE FINANCIAL TURMOIL AND TO DEEPEN COOPERATION TO IMPROVE THE REGULATION,SUPERVISION AND THE OVERALL FUNCTIONING OF THE WORLDS FINANCIAL MARKETS.5.BRITISH PM GORDON BROWN IN G20 SUMMIT 2009 SAID THAT the main purpose of the G20 summit is to bring world leaders together to coordinate policies in deal with the current global economic crisis.6.The purpose of G20 (summit) is to bring people together to agree common policies and indeed coordinate policies that can deal with problems particularly of financial instability and lack of growth, the loss of trade, the loss of jobs that are hurting every continent.