The Place of Different Countries in the World Economic System

Abstract

The theme, "The Position of Different Countries in the World Economic System," remains extremely relevant giventhe constant fluctuations in the global economy and their impact on the balance of international power. The focus of this research is on the position of various countries within the global economic system, with a particular emphasis on the G20 members, who represent a significant force in the global economy, accounting for approximately 80% of the world's GDP and representing over two-thirds of the global population. The purpose of this research is to analyze and compare the economic evolution of the world's major economies - the United States, China, Germany, and India - by examining economic growth, inflation and trade balance, to better understand the dynamics of global economic power. The methodology adopted is based on the analysis of data from international organizations such as the World Bank and UNCTAD, providing a comparative perspective on different economies. The research findings highlight the disparities between advanced and emerging economies and underscore the distinct approaches of each country in managing economic stability and responding to economic challenges. CZU: 339.9; JEL: A1, E6