Meaning of G20

G20 is group of major economic countries, which account for 80% of GDP, 75% of global trade and 60% of population of earth. The G20 started in 1999 as meeting of finance minister and central bank governors. The meeting of G20 is emerged after the global crisis in the year 2008. First time in November 2008, G20 leaders convened and managed to coordinate fiscal, monetary and economy policies to put global economy on recovery.

International organization in the G20

International organization participate in the G20 to provide their inputs.
The organization of economic cooperation and development (OECD) acted as strategic advisor in the G20 meet.
The OECD has been working with the IMF on public development systems and the primary arrangement plan as a component of the Structure serious areas of strength for, and adjusted development, with the ILO on youth business and orientation, with the World Bank, UNDP and other global associations on improvement, with the IEA on petroleum products, and with the WTO and UNCTAD on checking speculation and exchange protectionism.
The G20 participates dialogues with G20 Engagement group 2022 (B20, L20, C20, T20, W20, Y20, U20) to promote inclusion (gather right people for right work) for global solutions.
The G20 meets address the key relevance of business, labour, youth, gender equality and urban policies, private sector, think tanks, trade unions, scientists, youth and women association.

OECD Works on G20

The OECD works on the following areas

Agriculture and food security
Digitalization and innovation
Anti-corruption
Sustainability – Climate Sustainability and Energy
Employment, Gender, Education and Social Policies
Financial Markets and International Financial Architecture
Global Health
Infrastructure Investment
2030 Agenda and Development
Strong, Sustainable, Balanced and Inclusive Growth
Trade and Investment
International Taxation

For more information OECD

Countries of G20

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States, and the European Union.