The Group of Twenty (G20) is the premier forum for international economic cooperation and decision-making, with members from 19 countries plus the European Union. G20 leaders, finance ministers and central bank governors meet regularly to discuss ways to strengthen the global economy, discuss growth strategies and improve financial regulation.
The G20 played a key role in responding to the global financial crisis of 2008-09. Its coordinated actions boosted consumer and business confidence and supported the first stages of economic recovery.
The G20 continues to focus on measures to support global economic growth, with a strong emphasis on promoting job creation and open trade. Australia is chair of the G20 in 2014 and will host the annual G20 Leaders' Summit in November in Brisbane.
For more information, visit the G20 Australia 2014 homepage.
Dr Heather Smith Australian G20 Sherpa, discusses G20 priorities with the B20 Australia Leadership Group