Saturday, April 5, 2014

5/4/2014: World Market Power Index: G7 and G20

A side-note to my earlier post on G7 and G20 memberships: here is a chart showing market power index for top global economies. Note two sets of countries: the G7 and G20 as ranked by the index of their power in global markets:

Three out of current G7 states should not be anywhere near G7. You might argue about Saudi Arabia's place in the world's 'power by exports' rankings, but China and Russia certainly are diversified enough and have a strong enough sway to be in G7.

On a side note: this should settle the argument who can win from a Russia-Ukraine trade war...

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