G22
Encyclopedia : G : G2 : G22 : G22
- This article is about the financial gathering. For the rifle see Walther_G22.
The establishment on a temporary basis of the
Group of 22 (referred to also as the "
Willard Group") was announced by President
Clinton and the other leaders of
APEC countries at their meeting in
Vancouver in November
1997, when they agreed to organize a gathering of finance ministers and central bank governors to advance the reform of the architecture of the global financial system. The Group of 22 comprised finance ministers and central bank governors from the
G8 industrial countries and 15 other countries. It first met on
April 16,
1998 in
Washington, D.C. to examine issues related to the stability of the international financial system and effective functioning of global capital markets. It was superseded first by the
Group of 33 (G-33) and then by the
Group of 20 (G-20).
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