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 Korean, Mandarin, and Spanish. The report will also be available in Japanese shortly.
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
- Hildebrand on the European Central Bank
- August 18, 2014
- In an article in the Financial Times, G30 member and Vice Chairman of BlackRock, Philipp Hildebrand discusses monetary policy in the eurozone and warns that the European Central Bank should not follow the example of the Federal Reserve in their quantative easing measures. Mr. Hildebrand emphasizes that the problems with the ECB are structural and that Europe needs to fix its banking system in order to facilitate economic growth.
- Rajan Discuses Financial Inclusion in India
- August 11, 2014
- In a speech, G30 member and Governor of the Reserve Bank of India, Raghuram Rajan speaks about the perils of crony capitalism and offers a solution, India’s new plan to increase financial inclusion. Rajan argues that improving financial inclusion through cash transfers to the poor will empower the poor and force providers to improve their services through competition, eventually breaking the cycle of corruption and poor public services.