Paris would make an excellent choice to host the G20 summit. The city is a global hub for culture, politics, and business, making it the ideal location for leaders from around the world to come together and discuss important global issues.
Paris is a major worldwide city with one of the world's greatest metropolitan GDPs. It is the leading city in Europe (and the third in the globe) in terms of the number of firms included in Fortune's Fortune Global 500.
Alongside nations like the United States, the United Kingdom, Japan, Italy, and Germany, France is one of the world's top economic powers. Its financial situation reflects a protracted period of unprecedented growth that lasted for a large part of the post-war era until the mid-1970s; this period was commonly described as the trend of gloriousness ("thirty years of glory"). The growth of gross domestic product (GDP) was an average of nearly 6% per year between 1960 and 1973 alone. Following the oil crises of the 1970s, growth figures were markedly slowed down and unemployment increased sharply. But by the 1980s' end, a robust expansion was once more visible. Despite slowing down, this trend persisted into the twenty-first century.
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