Welcome to the Group of Thirty
Established in 1978
The Group of Thirty is a private, nonprofit, international body composed of very senior representatives of the private and public sectors and academia.
Knowledgeable
The Group of Thirty aims to deepen understanding of international economic and financial issues, to explore the international repercussions of decisions taken in the public and private sectors, and to examine the choices available to market practitioners and policymakers.
Influential
The work of the Group of Thirty impacts the current and future structure of the global financial system by delivering actionable recommendations directly to the private and public policymaking communities.
Our Latest Publications
Toward Effective Governance of Financial Institutions
Drawing lessons from the financial crisis, the G30 calls on boards of directors of financial institutions to do far more to strengthen governance. The report stresses that values influence the behavior of those with governance responsibilities and the key to reform is to promote changes in the ways in which these individuals think about their responsibilities.
Macroprudential Policy: Addressing the Things We Don’t Know
Alastair Clark and Sir Andrew Large outline ten chief considerations that remain as national authorities address macroprudential policy. The authors speak to the need for a clear institutional focus of authority, address the tensions between macroprudential policy and other regulatory policies, and urge the development of effective policy tools, as well as appropriate transparency and accountability.
The 2008 Financial Crisis and Its Aftermath: Addressing the Next Debt Challenge
Thomas Russo and Aaron Katzel examine the recent developments in the 2008 Financial Crisis, including the causes, responses, and the future outlook for the United States.
Regulatory Reforms and Remaining Challenges
This paper reflects seven separate but interconnected presentations on the strengths and challenges to macroprudential oversight and various facets of the Basel III reform. These were delivered at the 64th plenary meeting of the Group of Thirty, held December 2-4, 2010 at the Federal Reserve Bank of New York
Top News
New G30 Report: Toward Effective Governance of Financial Institutions
Drawing lessons from the financial crisis, the G30 calls on boards of directors to do far more to strengthen governance in the newly released report, Toward Effective Governance of Financial Institutions. The report stresses that values influence the behavior of those with governance responsibilities and the key to reform is to promote changes in the ways in which these individuals think about their responsibilities.
To view the press release, click here. To view the Executive Summary, click here. PDFs of the report are available free of charge here.
Members in the News
- Summers on Europe
- May 10, 2012
- In an interview with Charlie Rose, Larry Summers reacts to recent European developments, including the France's election. The former Treasury Secretary also reiterated his view that austerity is insufficient and may even be counterproductive to European growth.
- The True Lessons of the Recession
- May 8, 2012
- The expert consensus is that the global recession was caused by a collapse in demand; the result has been a call for bolstered government spending. Chicago Booth School of Business Professor Raghuram Rajan cautions that the West's recent growth was dependent on borrowing. Today's economic troubles are the result of both inadequate demand and an equally distorted supply side. Instead, Rajan calls on countries to address the underlying flaws in their economies.