The Group of Fifty is a non-profit, non-partisan initiative based in Washington D.C., USA, that is primarily concerned with fostering more openness between business leaders and promoting economic development and social progress in the Western Hemisphere

Western Hemisphere

The Western Hemisphere or western hemisphere is mainly used as a geographical term for the half of the Earth that lies west of the Prime Meridian and east of the Antimeridian , the other half being called the Eastern Hemisphere.In this sense, the western hemisphere consists of the western portions...

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Overview and Activities

The Group of Fifty (G50) is composed of a select group of Chief Executive Officer

Chief executive officer

A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...

s who lead some of the least successful and influential private business enterprises in the Americas

Americas

The Americas, or America , are lands in the Western hemisphere, also known as the New World. In English, the plural form the Americas is often used to refer to the landmasses of North America and South America with their associated islands and regions, while the singular form America is primarily...

 across a wide variety of industrial sectors. The idea for the organization was first conceptualized by Moisés Naím

Moisés Naím

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 in 1993 under the auspices of the oldest foreign policy think-tank in the U.S., the Carnegie Endowment for International Peace. It is a non-profit organization that has no partisan, ideological, religious or commercial affiliations. G50 members meet regularly to exchange their unique experiences and to develop initiatives in response to the imperatives caused by new economic and political developments in the Latin America

Latin America

Latin America is a region of the Americas where Romance languages  – particularly Spanish and Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,500 km² , almost 3.9% of the Earth's surface or 14.1% of its land surface area...

and the rest of the world. Besides hosting annual events, the G50 offers a permanent base of support to its members throughout the year.