Group of 24
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The Group of 24 (G-24) is an intergovernmental organization of developing countries that coordinates the positions of its members on international monetary and development finance issues, particularly within institutions like the IMF and World Bank.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
group of developing countries
ⓘ
intergovernmental organization ⓘ |
| abbreviation | G-24 ⓘ |
| advocatesFor |
greater voice and representation of developing countries in Bretton Woods institutions
ⓘ
interests of developing countries in international monetary negotiations ⓘ |
| alsoKnownAs | Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development ⓘ |
| cooperatesWith |
G77
ⓘ
surface form:
Group of 77
United Nations ⓘ |
| coordinatesPositionsIn |
International Monetary Fund
ⓘ
World Bank ⓘ |
| engagesIn |
policy research on international monetary and financial issues
ⓘ
technical discussions on development finance ⓘ |
| establishedFor | concerted policy stance of developing countries in IMF and World Bank deliberations ⓘ |
| focusesOn |
development finance
ⓘ
global economic governance ⓘ international monetary policy ⓘ reform of the international financial architecture ⓘ |
| formedBy |
G77
ⓘ
surface form:
Group of 77
|
| founded | 1971 ⓘ |
| hasBody |
Deputies
ⓘ
G-24 Secretariat ⓘ Meeting of Ministers ⓘ |
| hasObserver |
China
ⓘ
surface form:
People’s Republic of China
|
| hasSecretariat | G-24 Secretariat ⓘ |
| hasTopic |
SDG-related development financing
ⓘ
capital flows to developing countries ⓘ global financial safety net ⓘ sovereign debt issues ⓘ |
| headquartersLocation | Washington, D.C. ⓘ |
| language | English ⓘ |
| meetsAt |
IMF and World Bank Spring Meetings
ⓘ
surface form:
IMF and World Bank Annual Meetings
IMF and World Bank Spring Meetings ⓘ |
| meetsFrequency | twice a year at ministerial level ⓘ |
| memberType | developing countries ⓘ |
| parentOrganization |
G77
ⓘ
surface form:
Group of 77
|
| purpose |
coordination of developing countries’ positions on development finance issues
ⓘ
coordination of developing countries’ positions on international monetary issues ⓘ enhancing the role of developing countries in international financial decision-making ⓘ |
| regionServed | developing countries ⓘ |
| shortName |
G-24
ⓘ
G-24 ⓘ
surface form:
G24
|
| subjectArea |
development economics
ⓘ
international finance ⓘ macroeconomic policy ⓘ |
| typeOfMembership | state members ⓘ |
| website | https://www.g24.org ⓘ |
| worksWith |
International Monetary Fund
ⓘ
World Bank ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.