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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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Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
In October, the G7 released a report on global stablecoins in which it recognised that they have the potential to be more efficient and inclusive than existing payment methods, particularly for ... However, the G7 also noted that such proposals raise
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

The Global Outlook

16 Mar 2009 Bulletin PDF 253KB
Address by Dr Malcolm Edey, Assistant Governor (Economic), to Committee for Economic Development of Australia (CEDA) Economic and Political Overview 2009, Sydney, 18 February 2009.
https://www.rba.gov.au/publications/bulletin/2009/mar/pdf/bu-0309-4.pdf

Oil Price Shocks, Monetary Policy and Stagflation | Conference – 2009

17 Aug 2009 Conferences
Lutz Kilian
Table 1 shows the economic performance of the G7 countries during selected oil price shock episodes. ... Table 1: Real GDP Growth Rates Relative to Long-run Average in G7 Countries.
https://www.rba.gov.au/publications/confs/2009/kilian.html

Banking Concentration, Financial Stability and Public Policy | Conference – 2007

20 Aug 2007 Conferences
Kevin Davis
Crédit Lyonnais. 111. Total. 16,494. 14,621. 6,628. 3,316. Largest bank's assets/G7 GDP. ... 5.9%. 6.0%. 2.6%. 2.1%. Top 10 banks' assets/G7 GDP. 60.9%. 56.2%.
https://www.rba.gov.au/publications/confs/2007/davis.html

Recent Proposals for Reform of Sovereign Debt Restructuring

10 Aug 2002 Bulletin – August 2002
Anthony Richards, Darren Flood and Mark Gugiatti
At a broader international level, the Group of Seven (G7) nations has also endorsed a contractual solution that shares many elements in common with the US Treasury model. ... However, G7 members have also suggested work should continue on developing the
https://www.rba.gov.au/publications/bulletin/2002/aug/3.html

Statement on Monetary Policy

10 May 2003 Bulletin – May 2003
International Economic Developments. In its latest assessment of the world economic outlook, released in early April, the IMF lowered its forecast for growth in the G7 countries in 2003 by around ... 8.0. 7.5. 7.5. Other Asia. (a). 1.2. 4.4. 4.0. 4.4. G7.
https://www.rba.gov.au/publications/bulletin/2003/may/1.html

Appendix A: Data Sources and Definitions

31 Dec 2012 RDP 2012-02
David Jacobs and Vanessa Rayner
Series. Sources. Definition. Output. G7 GDP. IMF; RBA; Thomson Reuters. G7 gross domestic product, chain volume, seasonally adjusted (sa).
https://www.rba.gov.au/publications/rdp/2012/2012-02/appendix-a.html
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A Small Model of the Australian Macroeconomy

1 Dec 2009 RDP PDF 534KB
We can view the G7 countries as setting a notional world price in global marketsfor goods and services. ... Of course, deviations from this price by non-G7 tradingpartners will not be captured by the equation.
https://www.rba.gov.au/publications/rdp/2000/pdf/rdp2000-05.pdf

The Key Obstacles to Success in Economic Catching Up by China | Conference – 2016

18 Mar 2016 Conferences
Wing Thye Woo
However, the global financial crisis (GFC) in 2008 and the prolonged economic stagnation of the G7 economies that followed have made macroeconomic management in China much more challenging and greatly strengthened ... the protectionist sentiments within
https://www.rba.gov.au/publications/confs/2016/woo.html

The Model

1 Sep 2000 RDP 2000-06
Chris Ryan and Christopher Thompson
Following Dwyer et al (1994), the domestic-currency (‘over-the-docks’) price of imports is determined by world prices converted to domestic currency using a nominal effective (G7 GNP-weighted) exchange ... Although empirically the nominal G7
https://www.rba.gov.au/publications/rdp/2000/2000-06/model.html
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