Countries of the Northern Hemisphere have traditionally dominated the global economy, controlling everything from raw material exports and imports to commodity trading and capital flows.
But the 21st century has turned this trend on its head: developing countries now concentrate 51% of global trade and, in a spectacular rise over the past 50 years, account for 40% of world GDP.
You have clicked on a link to a page that is not part of the beta version of the new worldbank.org. Before you leave, we’d love to get your feedback on your experience while you were here. Will you take two minutes to complete a brief survey that will help us to improve our website?
Feedback Survey
Thank you for agreeing to provide feedback on the new version of worldbank.org; your response will help us to improve our website.
Thank you for participating in this survey! Your feedback is very helpful to us as we work to improve the site functionality on worldbank.org.