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Group of Ten
Group of Ten n (Economics) the ten nations who met in Paris in 1961 to arrange the special drawing rights of the IMF: Belgium, Canada, France, Italy, Japan, Netherlands, Sweden, UK, US, and West Germany. Abbreviation: G10 Group of Ten
Group of TenA group of the ten major industrialized countries whose mission is to create a more stable world economic trading environment through monetary and fiscal policies. The ten are Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, the United Kingdom, and the United States.Group of TenAn informal group composed of United States, Japan, Germany, the United Kingdom, France, Italy, Canada, the Netherlands, Belgium, and Sweden (listed by nominal GDP). Switzerland also plays a small role in the Group. Members of the G-10 are some of the world's leading industrial democracies. Representatives of the G-10 meet every other month at the Bank for International Settlements. |