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Group of 8
Group of 8 (G8) An association of the world's eight largest industrial democracies. The Group was originally the Group of 7 (G7) but became G8 in 1998 when Russia joined. The G7 was set up in 1975 with the aim of coordinating efforts to promote growth and stability in the world economy, and to bring the world's key exchange rates into line. The original five members (France, Japan, the UK, the USA, and West Germany) were joined in 1976 by Canada and Italy, with the EC acquiring observer status in 1977. The 1991 summit was marked by the invitation to the then Soviet President Mikhail Gorbachev to attend post-summit discussions on the Soviet economy's transition to a free market. The G8 has no permanent headquarters, but holds regular meetings between the finance ministers and central-bank governors of member countries. The annual meeting of the G8 heads of state is of growing importance, and now includes discussion of key foreign policy issues.
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"Group of 8." A Dictionary of World History. 2000. Encyclopedia.com. 30 May. 2012 <http://www.encyclopedia.com>. "Group of 8." A Dictionary of World History. 2000. Encyclopedia.com. (May 30, 2012). http://www.encyclopedia.com/doc/1O48-Groupof8.html "Group of 8." A Dictionary of World History. 2000. Retrieved May 30, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O48-Groupof8.html |
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Group of Eight
Group of Eight (G8) (formerly Group of Seven, G7) Eight nations that meet for an annual economic summit meeting. In 1975, the heads of government of what were the world's seven wealthiest nations – the USA, Japan, Germany, Britain, France, Canada, and Italy – met in the first of these meetings. The changing world economy led other countries to seek membership. In 1997, Russia was formally admitted to the group.
http://www.g8.gc.ca |
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"Group of Eight." World Encyclopedia. 2005. Encyclopedia.com. 30 May. 2012 <http://www.encyclopedia.com>. "Group of Eight." World Encyclopedia. 2005. Encyclopedia.com. (May 30, 2012). http://www.encyclopedia.com/doc/1O142-GroupofEight.html "Group of Eight." World Encyclopedia. 2005. Retrieved May 30, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O142-GroupofEight.html |
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Group of Eight
Group of Eight see under Group of Seven . |
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Cite this article
"Group of Eight." The Columbia Encyclopedia, 6th ed.. 2011. Encyclopedia.com. 30 May. 2012 <http://www.encyclopedia.com>. "Group of Eight." The Columbia Encyclopedia, 6th ed.. 2011. Encyclopedia.com. (May 30, 2012). http://www.encyclopedia.com/doc/1E1-X-E-GrpEight.html "Group of Eight." The Columbia Encyclopedia, 6th ed.. 2011. Retrieved May 30, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1E1-X-E-GrpEight.html |
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