Birth of the G7

In November 1975, a summit took place at Rambouillet, France, where the heads of six of the world’s most industrialised nations and their finance ministers came together.

The leaders of the US, France, Germany, Britain, Japan and Italy hoped to solve the ongoing economic crisis. The summit marked the birth of an institution now known as the G7. France’s former Finance Minister, Jean-Pierre Fourcade, was at the conference. He speaks to Ben Henderson.

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(Photo: The closing session of the summit at Rambouillet Castle. Credit: AFP via Getty images)