The Group of Seven (G7) and the Group of Twenty (G20) are informal governance clubs, which hold annual Summits of Heads of State to discuss issues of global importance.
The G7 is a more homogenous, intimate group, which has been meeting for decades. It is a subset – a club in the club – of the newer and more diverse G20, which represents the emerging multi-polar world order. (Another smaller club in the G20 club is the BRICS, an alliance of emerging economies: Brazil, Russia, India, China and South Africa.)
The agendas of the two clubs overlap, with the G7 …read more
Source: Heinrich Boell Foundation