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The image depicts a bar graph illustrating the average annual Gross Domestic Product (GDP) growth in wealthy countries, globalizers, and non-globalizers from the 1960s to the 1990s. The GDP growth rates vary between 1.0% to 5.0% across the four decades, with wealthy countries consistently having the highest growth rates, followed by globalizers and non-globalizers, respectively. Globalizers are defined as developing countries adopting a global approach to business, while non-globalizers are those not adopting such an approach.
Given the complexity of the image, the above description may not be entirely accurate.
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The chart illustrates the GDP of wealthy countries, globalises and non-globalisers over the period of 30 years starting from the 1960s.
Overall, there was an increase in the GDP of globalisers, while the reverse was true for those of wealthy countries and non-globalisers.
In term of wealthy countries and non-globalisers, the GDP of wealthy countries was about 4.8% in the 1960s, after which it experienced a considerable decline to 2.0% in the 1990s. Similar changes, but too much extent, can be seen in the figure for non-globalisers, it considerable decreased from roughly 2.3% to nearly 1.3% from the 1960s to the 1990s.
Turning to remaining categories, the GDP figure for the globalisers was almost 1.5% in the 1960s, followed by a considerable rose to reach the peak at approximately 4.9% in the final year.
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