India's role in a multi-polar world - Alfred Herrhausen Gesellschaft

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Through a billion voices: India’s role in a multi-polar world
Data on economic globalisation
The last decade has seen a shift in the distribution of economic power away from the United States, Europe
and other advanced economies. Although GDP in the advanced economies is still much higher than in the
emerging economies, the gap is narrowing. Changes in the share of trade and investment broadly mirror this,
and emerging economies are now playing an active role in the process of economic globalisation. The recent
global financial crisis is likely to accelerate these trends, and it is unclear how this will affect the future of trade
negotiations.
Growth in GDP and total GDP
Source: IMF
Data on economic globalisation