Meaning and Definition of G20 (developing countries)

Definition of G20 (developing countries)

Grouping that brings together industrialized and concerning countries in political and economic matters with emerging countries

The G20 group of 20 is a grouping of countries that includes those Nations of the world that is considered the most influential political, military and economic and that integrate the G8 (United States, Canada, Germany, Italy, Japan, United Kingdom, France and Russia) over another group of countries that are considered as newly industrializing or emerging power such is the case of Argentina, Australia, Spain, Saudi Arabia, South Korea, Indonesia, China, Brazil, Mexico, Turkey, South Africa and India. In addition to all of them a representation of the European Union (EU).

It functions as a forum in which are treated and discussed world financial policies

The grouping is in force since 1999 and course has as main mission which feature his similes, analyze the global state of affairs in the field of politics and economy to agree on consensus and common policies.
It functions as a forum where all nations cooperate with proposals and also lead to concern consultations on the economic and financial issue in the world. Of course worry especially about those issues inherent in the industrialized economies and the emerging with the clear intention of contributing to international stability in this sense.

Held world summits attended by its members

G20 summits bring together the heads of State of member countries and of course also account with the work carried out by Ministers and Foreign Ministers of each nation in each area of interest.
The Ministers of Finance of Canada and Germany were the drivers of the inaugural meeting there by 1999 in the German city of Berlin. Several summits have been held throughout its history. However, some of the most memorable is the celebrated in 2008 in the city of Washington because just occurs in the context of the financial and stock market collapse, and it proposed the reform of the international financial system.
Soon, a new Summit of the group, this turn in Turkey as a host country will be held in mid-November of 2015.
We must emphasize that these meetings acquire special worldwide relevance and then the press attends massively to cover its details.
They also tend to be the object of protests as a result of the media interest generated. They are ideal for activist groups take advantage of the press generate to disseminate any subject.