THE RAGE TO THE TOP

摘要

Since 1990, nations of the Group of Seven, comprising the world's largest industrialized economies, have all shown declining rates of economic growth. Over the same period, growth in many developing countries has been extremely fast, especially among a group of rapidly industrializing countries (the so-called 16) that includes China, India, Indonesia, Poland, South Korea, and Thailand. One consequence of these two trends is that the G7's share of the world's gross domestic product-the total value of goods and services produced-has fallen from two-thirds in 1990 to half today.