A CP
story in this morning's London Free Press discusses Gerald Ford's role in bringing Canada into the G7/G8. Tom Axworthy is quoted as saying: "Canada is in one of the most exclusive clubs in the world. Many foreign-policy realists have raised their eyebrows -- because in terms of our GNP, many of the power rankings -- you wouldn't think that Canada is there." So, what are the power rankings, besides GDP? Here's where Canada stands in terms of a number of social and economic rankings, according to the CIA World Factbook:
(I've included only distinct nation states in the rankings, the factbook includes the European Union and the entire world as entities in some of the rankings, go to
https://www.cia.gov/cia/publications/factbook/docs/rankorderguide.html to generate the relevant tables, most estimates based on 2005 data)
GDP (purchase power parity): 11th
GDP per capita: 16th (#1? Bermuda!)
External debt: 14th
current account balance: 13th
military expenditures: 15th
life expectancy: 12th
infant mortality rate: 23rd
investment (gross fixed, % of GDP): 80th
population: 36th
public debt as % of GDP: 27th (ordered largest to smallest, #1 Malawi, #2 is Lebanon, U.S is 37th)
oil, proved reserves: 2
inflation rate: 57th (smallest to largest, first 9 on the list are experiencing deflation)
industrial production growth rate: 119
roadways: 6th
airports: 6th (#2, Brazil!)
reserves of foreign exchange and gold: 28th
Other compiled rankings:
Kearney globalization index: 14th
Economist Quality of life index: 14th
Yale's environmental sustainability index: 6th
Which numbers/rankings, possibly in addition to those listed here, are most relevant as G-8 membership criteria? How do the likes of China, India and Brazil, mentioned as possibly more worthy G-8 members, compare on those numbers? How do the other G-8 members compare on them?