
Japan hosted the G20 Summit for the first time from 28 to 29 June. Leaders of nineteen countries and the EU along with other invited leaders and heads of international organizations convened in Osaka to discuss a wide range of issues. As the host, Prime Minister of Japan Abe Shinzo put a special emphasis on the Digital Economy and Society 5.0, leading to outcomes which will contribute to economic growth and sustainable development. In June 1997 the Group of 7 (G7) major industrial democracies met in Denver to discuss the challenges faced in economic, financial and other areas at a time when international financial markets were becoming increasingly global and complex. In July that same year, the Asian Financial Crisis struck, prompting the engagement at the ministerial level of major emerging economies including China, Russia and India. In 1999, at the Finance Ministers ... ... [Read more]