Developed countries regain world championship

According to information published by the famous American publication The Wall Street Journal, countries with developing markets are gradually losing their significance in maintaining the growth of global GDP. The function of the “locomotive” of the world economy is again taken by developed countries, which began to demonstrate the long -awaited signs of recovery after the 2008 crisis. For the first time in five years, the developed economies began to summarize a greater contribution to the extension of world GDP than developing. According to the Bridgewater Associates LP investment company, this year, the predicted growth of global GDP by $ 2.4 trillion will be provided by 60% countries with a developed economy. Experts came to this conclusion against the backdrop of positive indicators of the revival of the economy of Japan, the USA and Europe, which over the past years showed extremely weak or generally negative dynamics. So, for example, Japan for the second quarter of 2013 increased its GDP by 2.6% in annual terms. Despite the fact that this indicator is inferior to 3.8%obtained in January-Marta, it is still good growth rates for the country, which has been in stagnation for several years. The statistics coming from various sectors of the United States economy are also inspired. American GDP added 2.5% and 1.7% in the first and second quarters of the current year, respectively. Along with this, the volume of industrial production increases, which is more than 20% of the country’s national GDP, and the real estate market is also restored, the level of limitations is reduced, etc. D. The European economy demonstrates, albeit weak, but still positive dynamics. According to experts, in April-June of GDP 17 eurozone countries will increase by 0.2% amid a noticeable strengthening of business activity in the industrial sphere, as well as the service sector. Meanwhile, the largest developing economies in Brazil, Russia, India and China are slowed down in comparison with previous years. These, as well as other countries with a developing economy, were most affected by increasing interest rates in the United States, which, in turn, led to tightening credit conditions. In addition, a negative impact was reduced by the decrease in consumer demand from the United States on the goods they have produced. At the same time, I think that many developing countries still have great potential. For example, the target indicator for China’s GDP growth for the current year is at the lowest in the last 13 years – 7.5%, but it is much higher than the growth rate of the US economy or Japan.