International Economic Policy Coordination at the G-7 and the G-20 [Updated October 14, 2020]   [open pdf - 1MB]

From the Summary: "The Group of Seven (G-7) and the Group of Twenty (G-20) are informal forums for advancing international economic cooperation and coordination among countries. The G-7 dates back to the 1970s and is a small group of industrialized democracies, including Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. The G-20 rose to prominence during the global financial crisis in 2008-2009 and is a broader group including the G-7 countries as well as Argentina, Australia, Brazil, China, France, Germany, India, Indonesia, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, and the European Union (EU). The G-7 and G-20 leaders generally meet annually at summits, and lower-level officials meet throughout the year. The meetings generally focus on international economic and financial issues, although over time the scope of the meetings have expanded to include a broad range of foreign policy issues, including food security, climate change, and women's empowerment, among others."