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.
G30 Releases New Occasional Paper
May 21, 2013
The Group of Thirty is pleased to announce the lrelease of its latest Occasional Paper, Debt, Money, and Mephistopheles: How Do We Get Out of This Mess.
The paper, adapted from the speech given by Adair Turner at the Cass Business School in February 2013, examines the causes of the financial crisis and the post crisis recession. The paper urges central bank and government policymakers to think outside the box for soutions, even to consider previously taboo policy options.
To dowload this publication please click here.
To download the press release, plesae click here.
Members in the News
- Tharman Calls For Global Economic Reform
- May 20, 2013
- Speaking at the 66th Annual CFA Institute Annual Conference, Group of Thirty member Tharman Shanmurgaratnam discussed the global economy’s successful progress over the past year. However, Minister Tharman emphasized the need for deeper reform and fiscal consolidation beyond monetary policy to avoid risk of stagnation and raise long-term growth potential.
- Feldstein on China’s New Path
- May 9, 2013
In his latest piece on Project Syndicate, Martin Feldstein argues that China's key leadership appointments suggest a commitment to pro-market reforms. He reasons the new leadership's policies will "shift from heavy industry to greater reliance on consumption and services".