Group of Eleven (G11) is a forum, consistuted by developing countries aimed at easing their debt burden (See also: government debt), narrowing the income gap with rich countries and lifting millions of people out of poverty. This article, image, template or category should belong in one or more categories. ... Third World debt is external debt incurred by Third World countries (the term Third World is still in use, although many prefer less pejorative terms, such as developing countries or global South). Unpayable debt is a term used to describe external debt where the interest on the debt exceeds the... Government debt (also known as public debt or national debt) is money (or credit) owed by any level of government; either central government, federal government, municipal government or local government. ... Economic inequality refers to disparities in the distribution of economic assets and income. ... Coloured world map indicating Human Development Index (as of 2003). ... A boy from an East Cipinang trash dump slum in Jakarta, Indonesia shows his find. ...

History

Proposal

King Abdullah of Jordan first proposed the group in 2005. 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ...

Creation

In 20 September 2006, Jordan's King Abdullah II unveiled the Group of 11 (G11) mostly lower-middle income countries on the sidelines of the United Nations General Assembly in New York and appealed to the world's most developed economies for their assistance.^[1] September 20 is the 263rd day of the year (264th in leap years). ... 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ... King Abdullah and Queen Rania King Abdullah appears here at a summit in Mexico. ... The United Nations (UN) is an international organization whose stated aims are to facilitate co-operation in international law, international security, economic development, and social equity. ... The United Nations General Assembly (GA) is one of the five principal organs of the United Nations. ... Official language(s) English de facto Capital Albany Largest city New York City Area  Ranked 27th  - Total 54,520 sq mi (141,205 km²)  - Width 285 miles (455 km)  - Length 330 miles (530 km)  - % water 13. ...

Participating countries

• Jordan
• Croatia
• Ecuador
• Georgia
• Honduras
• Indonesia
• Morocco
• Pakistan
• Paraguay
• Sri Lanka
• Tunisia

Image File history File links Flag_of_Jordan. ... Image File history File links Flag_of_Croatia. ... Image File history File links Flag_of_Ecuador. ... Image File history File links Flag_of_Georgia. ... Image File history File links Flag_of_Honduras. ... Image File history File links Flag_of_Indonesia. ... Image File history File links Flag_of_Morocco. ... Image File history File links Flag_of_Pakistan. ... Image File history File links Flag_of_Paraguay. ... Image File history File links Flag_of_Sri_Lanka. ... Image File history File links Flag_of_Tunisia. ...

Activities

The group aims to persuade developed countries (mostly the G8) that given greater access to markets and debt forgiveness, they can harness growth and stability. The Group of Eight (G8) consists of Canada, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States. ...

First year

2006 is the first year of acivities for G11, and Jordan will chair the group for that year.

References

1. ^ Developing states aim to lift millions out poverty with new G11 forum, Yahoo! News

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See also

• G8

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