Welcome to the Group of Thirty
The Group of Thirty designs solutions that enhance financial and economic stability.
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.
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
The 2012-2013 Annual Report covers the Group's activities during fiscal years 2012 and 2013, which comprises July 1, 2011 through June 30, 2013. The Sections include a full membership list, as well as a description of the G30's meetings, events, and publications.
In its latest report, the G30 Working Group on Banking Supervision provides recommendations designed to enhance the overall effectiveness of financial institution supervision by identifying specific initiatives and processes to assist supervisors directly in discharge of their responsibilities and to promote alignment of boardroom expectations and responses to such initiatives and processes.
President of the National Bank of Poland and former Polish Minister of Finance, Marek Belka, looks at both Poland’s integration process into the European Union and the post-accession years. Belka concludes that Poland growth, stability, and competitiveness were fostered in large part by its membership in the EU.
Adapted from his speech at the Cass Business School, Adair Turner, Chairman of the Financial Services Authority, discusses causes that contributed to the financial crisis and post crisis recession. Turner argues that central bank and government policymakers need to consider radical policy options to avoid sustained deflation and many years of below potential growth.
A New Paradigm Translations
- The Group of Thirty is happy to announce the release of our latest report, A New Paradigm: Financial Institution Boards and Supervisors, in Japanese, Korean, Mandarin, and Spanish.
Pulling from 60 interviews in 15 countries, the report finds that it is time to establish a new paradigm for the interaction between financial institution boards and supervisors, built on mutual trust and transparency.
The report is available for purchase or download here.
Members in the News
- Carney on Insurance and Finance
- September 25, 2014
- Mark Carney, Governor of the Bank of England, delivered a speech to the Institute and Faculty of Actuaries on putting the right ideas into practice. In addition to suggesting that interest rates will begin to rise in the near future, Carney says that tailored captial standards that promote a level playing field, new frameworks to hold insurers accountable, and robust global standards for global systemic insurers are all needed now to preserve the role of insurance in the global financial system.
- Draghi Speaks on European Growth
- September 16, 2014
- In the keynote speech for the Eurofi Financial Forum, President of the European Central Bank and G30 member, Mario Draghi, spoke on European growth and prospects for the future. Draghi stated that no monetary or fiscal stimulus can be succesful unless accompanied by regulation that fosters growth. Declines in investment must be countered by a regulatory environment favorable to growth, and by diversifying sources of financing for companies.