Economics Atlas

How Wealth Is Ordered
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Economic Forums and Coordinating Bodies

Informal groupings of national governments, or cartels of national governments, that coordinate economic policy or production without a standing regulatory charter binding on non-members, including the Group of Seven, the Group of Twenty, OPEC and the World Economic Forum. Belongs here: bodies whose authority rests on voluntary coordination among member governments rather than a treaty establishing ongoing regulatory power. Does not belong here: treaty-based organizations with standing authority over trade or monetary policy, grouped under International Monetary and Trade Organizations.

Facts
Comparison
Institution KindSourced to the subject's own account
Intergovernmental 1
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Sources
1. G7 (Wikipedia)
WikipediaG7, lead section
Quote, G7, lead section
The Group of Seven (G7) is an intergovernmental political and economic forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.
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