Empire, Power & People with Andrew Gavin Marshall- Episode 145

The Early Years of the Group of Seven

The Group of Seven (G-7) emerged in the midst of the largest economic, monetary and financial upheavals since the Great Depression. They established a forum of cooperation among the large industrial powers of the United States, West Germany, Japan, Great Britain, France, Italy and Canada, designed to coordinate their policies and strategies in creating a stable global economy, and in dealing with major political issues, notably relations with the Third World. The G-7 was formed to act as a steering committee for the management of the global economy on behalf of the richest and most powerful nations.

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