The chart illustrates the relationship between GDP growth and countries categorized according to their approach to global business and quality of life. The data are presented as percentages per decade for three groups of countries from the 1960s to the 1990s.
In the 1960s, wealthy countries recorded the highest GDP growth among the three groups, reaching nearly 5%. During the same period, globalizing countries experienced a much lower growth rate of approximately 1.3%. Over the next decade, the gap in GDP growth between wealthy countries, globalizers, and non-globalizers narrowed slightly, with rates of about 2.9%, 2.8%, and 3.1% respectively.
From the 1980s to the 1990s, countries that adopted a global approach showed substantial increases in average annual GDP growth, taking the leading position at approximately 5%, while wealthy countries recorded only about 2%. As for non-globalizers, their GDP growth rose moderately from a low of 0.8% in the 1980s to 1.5% in the 1990s, remaining the lowest among the three categories.