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The Network Society - University of Massachusetts Amherst

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Table 3.1 <strong>The</strong> World Economy: Shares in Size and Growth by Region and Individual Economy<br />

Notes: Numbers for growth and shares are in percentage, the shares are weighted by nominal share in the GDP <strong>of</strong> each country<br />

and averaged for each period.<br />

Group Summaries<br />

Period 1989-1995 Period 1995-2001<br />

GDP Average Share GDP Average Share<br />

Group Growth Size Growth Growth Size Growth<br />

World (116 Economies) 2.53 100.00 100.00 3.51 100.00 100.00<br />

G7 2.15 47.82 40.72 2.78 46.24 36.62<br />

Developing Asia 7.53 20.29 60.62 5.66 24.85 40.13<br />

Non-G7 2.03 8.94 7.19 3.27 8.76 8.16<br />

Latin America 2.95 8.48 9.90 2.52 8.33 5.97<br />

Eastern Europe –7.13 8.67 –25.15 2.09 5.98 3.56<br />

Sub-Sahara Africa 1.65 2.47 1.61 3.24 2.38 2.19<br />

North Africa and Middle-East 3.87 3.33 5.11 3.43 3.46 3.38<br />

Information Technology and the World Economy 95

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