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Group of Eight (G-8)
The G-7 countries plus Russia.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Group of Eight
An informal group composed of United States, Japan, Germany, the United Kingdom, France, Italy, Canada, and Russia (listed by nominal GDP). The European Union participates also but does not host or chair events. The G-8 members are the world's leading industrial democracies. Their leaders meet annually to discuss economic cooperation and other matters. The G-8 does not have a permanent secretariat, but rather gives an informal forum for leaders to meet and discuss ideas.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
The world's eight largest industrial countries, including Canada, France, Germany, Great Britain, Italy, Japan, Russia, and the United States. G-8 finance ministers meet annually to evaluate and coordinate economic policy.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.