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Due to the macro-scale of analysis, the most important criterion is general functionally; the uniqueness and homogeneity come second. The typology of main regions of the world is based on a macro-economic indicator, GDP per capita, that sets apart eight regions: North America, Latin America and the Caribbean, Western Europe, Eastern Europe and Russian Federation, North Africa and Southwest Asia, Sub-Saharan Africa, Southeastern and Pacific Asia, Australia and Oceania.
Australia and Oceania represent an economic region made of Australia, New Zealand, and the archipelagos of Melanesia, Polynesia and Micronesia, characterized by a relative isolation from the major cores of the world economy...
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