MétaCan
Menu
Back to cohort

GDP OF THE G7 AFTER THE FINANCIAL CRISIS

2024· article· en· W4407335696 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

aboutThe title or abstract carries a Canadian signal from the geographic lexicon.
no affNo Canadian affiliation: this work is invisible to an affiliation-only frame.
No Canadian affiliation. An affiliation-only frame, the usual design, would never have seen this work. It is one of the works that make the case for inverting the frame.

Bibliographic record

VenueBaltic Journal of Economic Studies · 2024
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicGlobal Financial Crisis and Policies
Canadian institutionsnot available
Fundersnot available
KeywordsFinancial crisisFinancial systemBusinessEconomicsFinanceEconomic policyMacroeconomics

Abstract

fetched live from OpenAlex

GDP and GDP per capita as economic barometers gauge the scale of a nation’s economy and the living standards of its people. The objective of the paper is to examine the dynamics of the GDP and the GDP per capita of the G7 nations after the financial crisis of 2008-2009. Methodology. The data, taken from the official sites of the United Nations Conference on Trade and Development (UNCTAD), the International Monetary Fund (IMF), the World Bank, the United Nations, as well as monographs, articles, etc. served as the information source for using various methods, including those of experts’ assessments, comparative, graphic analysis, etc. The results demonstrate the strengthening of the US and the unstable growth of the other six members of the G7 during 2010-2023: according to the UNCTAD, the US share of the G7 rose from 45,97% to 58,52%; the US share of the world grew by 3,02%; in terms of nominal GDP, the increase was uneven across the G7: the US GDP climbed by 81,54%, or $12’284 bln; while that of Germany – by 30,75%, or $1’049 bln; Italy – by 4,92%, or $105 bln; Japan’s GDP dropped by 23,79%, or $1’307 bln. In 2023, compared to 2022, GDP per capita increased: in the US by $4’723; in France – by $4’023; in Germany – by $3’863; in Italy – by $3’544; in the UK – by $3’412; nevertheless, GDP per capita fell in Canada by $1’309 and in Japan – by $214. In 2023, according to the IMF, all the G7 members are in the top ten countries in terms of nominal GDP; and five out of seven (except Canada and Italy) are in the top ten by GDP based on PPP. The G7 share of the global economy fell from 50.09% to 43.78% between 2010 and 2022. According to the World Bank, in terms of GDP based on PPP, in 2023 the US ranked second, Japan – fifth, Germany – sixth, France – ninth, the UK – tenth, Italy – eleventh, Canada – sixteenth. According to the United Nations, India ranked first in terms of GDP growth (8.2%), followed by China (5.2%); the US and Brazil ranked third (2.9%) while the eurozone’s GDP growth rate was merely 0.4%. Practical implications. The contradictory course of globalization will push nations towards self-sufficiency, as well as cooperation with others on the regional level in order to survive amid turbulence. The leaders, as well as the leaders-to-be are expected not only to cooperate with each other, but also to take more responsibility for the future of the global world. Value/originality. It is essential to take into account the balance of power in the global space, to analyze various combinations of relations between states and groups, as well as states within groups to ensure the sustainable development of all the countries involved.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.487
Threshold uncertainty score0.352

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.034
GPT teacher head0.269
Teacher spread0.235 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it