Cryptocurrency
International Monetary and Financial Committee (IMFC)
International Monetary and Financial Committee (IMFC)
The International Monetary and Financial Committee (IMFC) is a key decision-making body of the International Monetary Fund (IMF). It was established in 1999 to provide strategic guidance and oversight to the IMF on global monetary and financial issues. The IMFC meets twice a year, usually in conjunction with the IMF-World Bank Annual and Spring Meetings. […]
G8
G8, also known as the Group of Eight, is a group or forum consisting of the world’s largest industrialized economies. The G8 members include the United States, Canada, Japan, Germany, the United Kingdom, France, Italy, and Russia. The group convenes annual leader summits and engages in consultations with other world leaders to discuss global issues […]
G77
The Group of 77 (G77) is a coalition of developing nations formed in 1964. It originally consisted of 77 member countries but has since expanded to include 134 member states from Africa, Asia, Latin America, and the Caribbean. The group aims to promote economic cooperation, coordinate policies, and advocate for the interests of developing countries […]
G7
The G7, also known as the Group of Seven, is an international forum consisting of seven major industrialized democracies. The member countries of the G7 are the United States, Canada, France, Germany, Italy, Japan, and the United Kingdom. Together, these countries represent a significant portion of the global economy and have a strong influence on […]
G5
G5, also known as the Group of Five, is an international forum representing five major economies that hold significant weight in the world economy. The G5 members are the United States, Japan, Germany, France, and the United Kingdom. Together, these countries account for a substantial portion of the global GDP and exert considerable influence over […]
G20
The Group of Twenty (G20) is an international forum that brings together the world’s major economies to discuss global economic issues and promote international cooperation. It was established in 1999 in response to the financial crises of the late 1990s, with the goal of enhancing global economic stability and fostering sustainable economic growth. The […]
G15
The Group of 15 (G15) is a forum of developing countries that was established in 1989. It aims to promote cooperation and coordination among its member countries in areas such as trade, investment, finance, and technology transfer. The G15 consists of 18 member countries from Africa, Asia, Latin America, and the Middle East. The […]
G10
The G10, also known as the Group of Ten, is a group of ten major industrialized countries that meet regularly to discuss economic and financial issues. The group was originally formed in 1962 as an informal forum for central bankers from these countries to exchange information and collaborate on monetary policy matters. The G10 […]
Financial Stability Board
The Financial Stability Board (FSB) is an international body that was established in 2009 to promote global financial stability and enhance the resilience of the financial system. It was created by the G20 leaders in response to the global financial crisis of 2007-2008. Here are some key points about the Financial Stability Board: […]
BRIC (Brazil, Russia, India and China)
BRIC is an acronym that stands for Brazil, Russia, India, and China. It was coined by Jim O’Neill, an economist at Goldman Sachs, in 2001 to describe the emerging economies of these four countries. BRIC represents a shift in global economic power from the traditional developed economies to these rapidly growing developing nations. The […]
