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RBA Glossary definition for G7

G7 – Group of Seven countries: Canada, France, Germany, Italy, Japan, UK and the USA. The G7 deals with issues of primary interest to developed economies.

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References

31 Dec 2005 RDP 2005-09
Charles Engel
Clarida R, M Goretti and M Taylor (2005), ‘Are there thresholds of current account adjustment in the G7?’, paper presented at the NBER Conference on ‘G7 current account imbalances: sustainability and
https://www.rba.gov.au/publications/rdp/2005/2005-09/references.html

Introduction

31 Dec 2005 RDP 2005-09
Charles Engel
Returning to Figure 1, it is obvious that it is difficult to forecast the US's future share of adjusted G7 GDP. ... One of the first questions that might be raised is why Figure 1 considers the US share of adjusted G7 GDP?
https://www.rba.gov.au/publications/rdp/2005/2005-09/introduction.html

Model Simulations

31 Dec 2005 RDP 2005-09
Charles Engel
But Figure 1 only records the US share of adjusted G7 GDP.
https://www.rba.gov.au/publications/rdp/2005/2005-09/model-simulations.html