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.
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
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.
In its latest publication, the G30 examines critical constraints on the supply of long-term finance and calls for reforms that can strengthen the flow of capital into long-term investments by governments, institutional and individual investors.
Guillermo de la Dehesa discusses design and management failures that contributed to the economic crisis facing the eurozone. He urges policy makers to move towards the creation of a fiscal union to better stabilize the monetary union in the future.
Dr. DeLisle Worrell, Governor of the Central Bank of Barbados, offers an innovative perspective on the difficulties facing small very open economies. He argues that these economies face a rigid fixed exchange rate constraint, which is not present in most large economies and thus require different policy choices.
Timothy Geithner Joins the G30
May 31, 2013
The Group of Thirty is pleased to announce former U.S. Treasury Secretary, Timothy Geithner, as the newest member of the Group of Thirty.
Secretary Geithner returns to the G30 as a member having previously been a member of the G30 from 2006 to 2009 prior to his appointment. Dr. Jacob A. Frenkel, Chairman of the Board of Trustees, stated: "We are delighted to welcome Timothy Geithner to the G30. We salute his outstanding career in public service both as President of the Federal Reserve Bank of New York as well as the United States Secretary of Treasury, and the pivotal role he played in the response to the recent financial crisis."
To download the press release, please click here.
Members in the News
- Hildebrand says Swiss banks must submit
- June 10, 2013
- In an Opinion Editorial from the Financial Times, Group of Thirty Member Philipp Hildebrand calls on the Swiss government to end the era of bank secrecy and anonymity that has made Switzerland a haven for tax refugees all around the world. Moving forward, the Vice Chairman of BlackRock outlines four distinct steps that will better balance international interests. “It is time for Bern to resolve the legacy problems of its financial sector and create clarity for a tax-compliant future.”
- Central Banking at a Crossroad
- May 29, 2013
Group of Thirty member, Paul Volcker, discusses the changing nature of central banking in his acceptance speech upon receiving the Economic Club of New York Award for Leadership Excellence. Central banks, he argues, should place greater emphasis on stabilizing and strengthening financial markets and institutions, not just prices. “What is at issue – what is always at issue – is a matter of good judgment, leadership, and institutional backbone.”