The G20: Nurturing Global Cooperation for a Sustainable Future
INTRODUCTION: The Group of Twenty (G20) is an international forum for the governments and central bank governors from 19 countries and the European Union. Established in 1999, the G20 serves as a platform for the world's major economies to discuss and coordinate their economic policies, promoting stability and sustainable growth. This article sheds light on the significance of the G20 and highlights its role in addressing pressing global challenges. Member Countries: Promoting Global Economic Stability: One of the primary objectives of the G20 is to maintain and strengthen global economic stability. With member countries representing around 80% of global GDP and 75% of global trade , the G20 plays a crucial role in fostering cooperation among nations to weather economic crises and enhance financial regulations. Following the 2008 financial crisis, the G20 emerged as a key platform to coordinate efforts to stabilize the global economy and prevent a further downward spiral. Addressin