Graphic Truth: Globalization's New Drivers

As many of the world’s political and economic leaders gather at Davos, two big global trends are shaping the world they are there to discuss. First, the US under Donald Trump is stepping away from its traditional role as advocate and guarantor of “globalization.” Second, the balance of economic power continues to shift towards developing economies that are asserting their interests more boldly. Who contributes most to global growth now?

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German Chancellor and chairwoman of the Christian Democratic Union (CDU) Angela Merkel addresses a news conference in Berlin, Germany September 19, 2016.
REUTERS/Fabrizio Bensch

Angela Merkel was elected chancellor of Germany on November 22, 2005, becoming the first woman to hold that job. During that time Merkel was arguably the most powerful woman in the world, presiding over one of its largest economies for four terms in the Bundesregierung. Twenty years on, the anniversary is a reminder of how singular her breakthrough remains. It’s still the exception when a woman runs a country.