THE BAR GRAPH ILLUSTRATES THE AVERAGE DOMESTIC PRODUCT GROWTH IN WEALTHY COUNTRIES, WHILE DIFFERENTIATING AMONG THOSE THAT FOLLOW A GLOBAL BUSINESS APPROACH AND THOSE THAT DO NOT.
OVERALL, EARLIER WEALTHY NATIONS HAD THE HIGHEST GDP AMONGST GLOBALISERS AND NON-GLOBALISERS BUT LATER IT IS SEEN THAT GDP OF WEALT HY COUNTRIES DECREASED AND GLOBALISERS SAW AN INCLINED GROWTH IN GDP AMONGST OTHERS.
TO BEGIN WITH, IN 1970s GLOBALISERS HAD ONLY 1.4% GDP, WHEREAS 2.4% WAS OF NON-GLOBALISERS BUT WEALTHY COUNTRIES HAD THE HIGHEST GDP OF 4.8%. TEN YEARS LATER, IN 1980s, THE NUMBERS KEPT DECREASING FOR RICH NATIONS (2.9%) AND INCREASED FOR GLOBALISERS (2.8%) AS WELL AS NON GLOBALISERS (3.2%).
ON THE OTHER HAND, A DRASTIC DECREMENT WAS NOTICED IN GDP OF NON GLOBALISERS AND WEALTHY NATIONS OF 0.8% AND 2.1% IN 1990s. IN 2000s A SIGNIFICANT RISE WAS SEEN IN GDP OF GLOBALISERS OF 5%, WHILE THE RATIO KEPT DECREASING FOR WEALT HY NATIONS AND NON-GLOBALISERS.
