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As economic power are considered such states, whose Volkswirtschaftin special measure has influence on the development of the world economy and the international economic situation. Also the two words economics and power imply that, of which the term consists.
Of an economic power large portion to the world gross national income, - export and/or - import as well as the meaning of the own currency is characteristic in the world.
The largest economic powers on earth are at present into the G8 (industrial nations + Russia) summarized. Further also China is to it-counted. In detail are:
The United States of America (the USA) Japan Germany People's Republic China France Great Britain Italy Canada Russia
As the first important economic power the British Empire is considered to newer history, since the industrialization took its beginning there and it prevailed as colonial power over world-wide resources. This expressed itself not least also at the meaning at that time of the British Pound as most important currency of the world. In 20. Century was replaced Great Britain from the USA as largest economic power of the world, the US Dollar transferred as a result of the two world wars the role of the British Pound as world reserve currency. At the beginning 21. Century the USA provoke itself as economic power for its part again of that ever more increasing European union and the "Aufsteiger" China.
Sometimes and by politicians and economists it is demanded that the economic powers are to serve the world as "economic situation locomotive" for the remaining world, in particular with world economic situation.
Apart from national economic power also individual enterprises can represent substantial regional, national or multinational economic power. Thus the annual turnover of large multinational companies exceeds the GROS DOMESTIC PRODUCT of many small and middle states. Apart from Wirtschaftstimulation and welfare gains, which such economic power produces, raises these in addition, critical questions about social control. Acting private-economical, internationally acting companies is much less constitutionally justified basic conditions subjected as national acting. The globalization of the economy places thereby new challenges against social control and the normative basic conditions, which are to legitimize the guard rails business acting.
Following list contains the 15 largest private enterprises based on the conversion (1999):
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