gdp Archive

economic impactHumanity will not change for coral or ice but will change for money

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The new report from the Intergovernmental Panel on Climate Change on limiting global warming to 1.5 degrees Celsius predicts a tolerable climate-changed world. Why is it tolerable? The IPCC predicts the ice caps and Greenlands ice will go away. They …

gdpPoland and Ukraine getting stronger economically

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Poland already passed Greece in GDP per capita and Polands leaders expects Poland pass Portugal in GDP per capita in 2019. Poland could pass Italy in GDP per capita within 10 years. They need to be referring to GDP per …

climate changeIPCC gives climate warning and contradictions

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The (IPCC) Intergovernmental Panel on Climate Change has given its 2018 report on world climate. * IPCC estimates that global model pathways limiting global warming to 1.5°C are projected to involve the annual average investment needs in the energy system …

chinaWhat if World Business Cycles are less US-centric?

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China economy on a GDP purchasing power parity basis became the largest in 2013 and it is now 25% larger than the USA. China’s economy will be 30% larger in 2019 and 50% larger in 2023. China’s GDP statistics do …

economyEarly business recovery from a mini-2015 and 2016 recession

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Federal Reserve Chairman Jerome Powell sees the U.S. economy generating highly optimistic expectations. The jobless rate is at 3.9% and inflation is around the Fed’s goal of 2%. Historically, low unemployment has fueled inflation and sometimes has forced the Fed …

chinaChina’s top provinces passing Portugal in individual income

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In 2018, China’s top 3 city-provinces (Beijing, Shanghai, and Tianjin) are past Portugal on a per capita income exchange rate basis. In purchasing power parity they are at about the level of Spain. Below there is color coding of the …

futurePhilippines will be World Bank upper-middle income in 2019

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The Philippines National Economic and Development Authority (NEDA) sees 7-8% GDP growth making the Philippines an upper middle-income country by 2019 which would be 3 years ahead of a 2022 target. A World Bank definition for an upper middle-income economy …

economic impactUpdated World Income Distribution

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Brookings Institute updated its analysis of global income distribution. They were able to get more complete data for more countries. They updated the purchasing power parity to 2011 statistics. Income inequality data is more mixed. Looking at 146 countries that …

gdpUSA, China will be joined by India over the next decade or two as superpowers

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India is forecast to have a purchasing power parity GDP of $16.8 trillion in 2023. China is forecast to be $37 trillion in 2023 and the USA $24.5 trillion in 2023. Japan would be number four at $6.3 trillion and …

energyWorld purchasing power GDP and emissions

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Here we look at trending out forecasted purchasing power GDP and emissions. The average world CO2 emissions growth has been about 1.29% per year as an average over the last ten years. GDP PPP is in billions. Emissions are in …