The Group of Seven/Group of Eight (G7/G8) – launched in 1975 originally as G6, turning into the G7 in 1976 and the G8 in 1998 – has become one of the central components of global governance. It plays an expanding role, bringing together seven major industrial democracies (France, theUnited States, theUnited Kingdom, Germany, Japan, Italyand Canada) and since 1998 Russia, as well as the European Union. Unlike more structured international organizations that are based on intergovernmental agreements and permanent secretariats, the G7 and G8 have remained relatively informal and less encumbered by bureaucracy. This has enabled the leaders of member countries to develop good personal relationships and to understand one another’s respective domestic political and economic circumstances and constraints. [download]
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