Search results “Economic growth rates of the world”
Top 10 Country GDP Ranking History (1960-2017)
This video shows the Top 10 countries with highest GDP from 1960 to 2017. This country GDP ranking includes countries such as, United States, China, Japan, Germany, United Kingdom, etc. Gross Domestic Product (GDP) is a monetary measure of the market value of all the final goods and services produced in a period of time, often annually or quarterly. Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons. Support Us on Patreon: https://www.patreon.com/wawamustats Facebook: https://www.facebook.com/wawamustats Instagram: https://www.instagram.com/wawamustats Twitter: https://twitter.com/statswawamu Data Taken from: https://www.worldbank.org Future Top 10 Country GDP Ranking (Part 2): https://youtu.be/T9l2yCH5wBk Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
Views: 613407 WawamuStats
Future Top 10 Country Projected GDP Ranking (2018-2100)
This video shows the Top 10 countries with highest GDP from 2018 to 2100. The projected GDP ranking includes countries such as United States, China, India, Japan, France, etc. It also shows how Asia will dominate the economy while Europe starts to fall slowly. Gross Domestic Product (GDP) is a monetary measure of the market value of all the final goods and services produced in a period of time, often annually or quarterly. Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons. Support Us on Patreon: https://www.patreon.com/wawamustats Facebook: https://www.facebook.com/wawamustats Instagram: https://www.instagram.com/wawamustats Twitter: https://twitter.com/statswawamu Historical Top 10 Country GDP Ranking (Part 1): https://youtu.be/wykaDgXoajc Data Taken from: https://pardee.du.edu/ Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
Views: 453033 WawamuStats
Fastest Growing Countries in the World
From countries with rapidly growing populations to countries gaining wealth quite rapidly, here are 11 fastest growing countries in the world. Subscribe to American Eye! 4. Panama While many Central American countries are beginning to move in the wrong direction, Panama is unique and home to the strategic canal. On one side of Panama is the Pacific Ocean and on the other side is the Caribbean sea. The US was the one who built the Panama Canal back in 1914 but no it’s the Panamanians who wreak the benefits of this modern wonder of engineering, which is certainly one of the reasons they’ve been able to grow. Panama gained full control of the canal thanks to a treaty in 1999. In 2016, The canal has expanded since then order to accommodate much larger ships. This should certainly be an important factor for the future of Panama. GDP has been continually increasing since 2012 however the wealth distribution here hasn’t been all that great with ¼ of the population living under the poverty line. Due to Panama’s tropical climate, they’ve been able to grow numerous crops which can be easily exported thanks to the expansion of their canal. The sky's the limit for panama if they can maintain social order 3. Ethiopia Believe it or not, but the country of Ethiopia has made drastic improvements in the past decade and both their GDP and population is on the rise. Ethiopia is home to one of the fastest growing economies in the world and their GDP growth percentage has been well above the world average. This measured in at first place reaching 8.3 percent in 2016, right above Uzbekistan. China has been willing to invest in Ethiopia’s infrastructure plan but everyone still kind of worried a drought might happen again which will set them back again. Despite the drought that set them back, they’ve been export quite a few products including coffee, sugar and cereals. Other industries appear as though they’ll surpass ethiopia’s agriculture such as leather manufacturing and gold mining. 2. India With an ever growing GDP per capita, India continues to surprise people how fast they are able to grow. It’s now the 2nd largest country by population. Home to one of the earliest civilizations in the Indus Valley, India has been a thriving nation full of resources and many foreign invaders knew this. However, in modern times, it’s taken india quite a while to adjust. Within the past few decades, they’ve become a global force to reckon with. Some major cities such as New Delhi and mumbai have over 20 million residents each. They seem to exponentially be growing in population and their population has risen by 200 million people since 2001. 1. Indonesia With 261 million people, indonesia is becoming a rapidly growing nation both economically and by population. From 1960 to the mid 1990’s the population here has doubled from 100 million to 200 million and they’ve continued to grow since. With naturally beautiful places such as Bali and various volcanoes, indonesia is home to many resources, even one of the biggest gold mines in the world. They now have the largest economy in southeast asia, and many believe they will continue to be a close 2nd to china in terms of economic growth in Asia. They replaced India as the 2nd fast growing G-20 economies.With their focused on a large variety of things such as agriculture, mining, manufacturing, and tourism, they don’t have all their eggs in one basket. Indonesia is a large manufacturer of many cheap goods, but unlike china, many people in the country will be the people who buy them. The rapid growth has taken its toll on the environment like many of these countries. The citarum river near the capital of Jakarta is labeled as one of the most polluted rivers in the world. Although the government appears to rather easily corruptible, it’s shown signs of progressing
Views: 515227 American Eye
List of countries by share of world GDP (1980-2021)
List of top 10 countries by GDP PPP from 1982 to 2021. Only those countries are ranked which exist today. Some of the countries which dont exist today like USSR has not been ranked.We can see how china which was not even in top 10 in early 1980 grown remarkably and became the biggest economy in the world in 2014. India is also now reducing the gap with USA and is now have the healthy lead of 4th which is only expected to increase.
Views: 84605 Just Data
What Are The Fastest Growing Economies?
What Are The World's Most Miserable Economies https://www.youtube.com/watch?v=9MW4lgOauJk » Subscribe to NowThis World: http://go.nowth.is/World_Subscribe At the 2016 G20 Summit, some of the world's fastest growing economies didn't get an invite. So what are these countries? Learn More: Wall Street Journal: G-20 Closes With Call for More Efforts to Boost Global Growth http://www.wsj.com/articles/g-20-closes-with-call-for-more-efforts-to-boost-global-growth-1473096156 CIA Factbook: GDP Comparison https://www.cia.gov/library/publications/the-world-factbook/rankorder/2003rank.html#cg ABC Online: Energy Companies Eyeing Papua New Guinea Expansion http://www.abc.net.au/news/2016-09-21/energy-companies-eyeing-papua-new-guinea/7865410 Music Track Courtesy of APM Music: "Unravelled" More from NowThis: » Subscribe to NowThis News: http://go.nowth.is/News_Subscribe NowThis World is dedicated to bringing you topical explainers about the world around you. Each week we’ll be exploring current stories in international news, by examining the facts, providing historical context, and outlining the key players involved. We’ll also highlight powerful countries, ideologies, influential leaders, and ongoing global conflicts that are shaping the current landscape of the international community across the globe today. Like NowThis World on Facebook: https://go.nowth.is/World_Facebook Connect with Judah: Follow @judah_robinson on Twitter – Facebook: http://go.nowth.is/LikeJudah Connect with Versha: Follow @versharma on Twitter – Facebook: http://go.nowth.is/LikeVersha http://www.youtube.com/nowthisworld Written by: Jennie Butler Edited by: Alex Estevez Produced by: Cailyn Bradley, Semany Gashaw & Lauren Ellis
Views: 257692 NowThis World
Economic Growth explained (explainity® explainer video)
The economy is expected to grow steadily. Politics, industry and trade wish for economic growth. But how can economic growth be measured and might the economy eventually fully grown sometime? Our third clip in cooperation with Deutsche Welle explains "Economic Growth". Script download: www.explainity.com/education-project/transskripte/ ------- This explainer video was produced by explainity GmbH Homepage: www.explainity.com E-Mail: [email protected] This explanatory film was produced and published for private, non-commercial use and may be used free of charge in this context for private purposes without consultation or written authorization. Please note, however, that neither the content nor the graphics of this explanatory film may be altered in any way. Please always give explainity as the source when using the film, and if you publish it on the internet, provide a reference to www.explainity.com. For commercial use or use for training purposes, such as projection of the film at training events (e.g. projection of the film as a teaching aid in school or in adult education), a licence is required. Further information on this subject will be found here: https://www.explainity.com/education-project If you are interested in an own explainity explainer video, visit our website www.explainity.com and contact us. We are looking forward to your inquiry.
Views: 110778 explainitychannel
Views: 23546 TUINT
Looking to 2060: A Global Vision of Long-term Growth
The balance of economic power is expected to shift dramatically over the coming half century, with fast-growing emerging market economies accounting for an ever-increasing share of global output, according to new OECD research. For more information visit: www.oecd.org/economy/lookingto2060.htm
Views: 444987 OECD
Geography and Economic Growth
If you look at the African continent, perhaps the first word to come to mind is "enormous." And that's true. You could fit most of the United States, China, India, and a lot of Europe, into Africa. But if you compare Africa to Europe, Europe has two to three times the length of coastline that Africa has. But what does coastline length have to do with anything? Well, coasts mean access to water. As benign as water might seem, it’s a major driver of economic growth. Adam Smith, the father of modern economics, argued that access to water reduced the cost of trade, and gave merchants access to larger markets. These larger markets incentivized specialization and innovation. These twin processes ultimately spurred trade activity, and consequently, economic growth. As an end result, civilization tended to grow wherever trade was easiest. If you want proof of this, think of a few major cities. Look at Istanbul, New York, Venice, Hong Kong, London, and similar areas. What do they all have in common? They all sit near a major coast or a major river. In contrast, look at some of the poorest areas in the world—places like Kampala, or Pointe-Noire. These places are all landlocked. Since goods are easier to transport over water than over land, trade in landlocked areas is more expensive. And what happens when trade is more expensive? It becomes harder to spark economic growth. What this all means is economic growth is not only affected by a country’s rules and institutions, but by a country’s natural blessings, or natural hindrances, too. The effects of geography on growth cannot be discounted. Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/1QEP6wS Next video: http://bit.ly/1Q0UHtM Help us caption & translate this video! http://amara.org/v/HpAt/
Understanding economic growth | AP Macroeconomics | Khan Academy
In this video, learn about the definition of economic growth and how growth occurs. AP(R) Macroeconomics on Khan Academy: Macroeconomics is all about how an entire nationÕs performance is determined and improved over time. Learn how factors like unemployment, inflation, interest rates, economic growth and recession are caused and how they affect individuals and society as a whole. We hit the traditional topics from an AP Macroeconomics course, including basic economic concepts, economic indicators, and the business cycle, national income and price determination, the financial sector, the long-run consequences of stabilization policies, and international trade and finance. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything https://www.youtube.com/subscription_center?add_user=khanacademy. View more lessons or practice this subject at http://www.khanacademy.org/economics-finance-domain/ap-macroeconomics/ap-long-run-consequences-of-stabilization-policies/economic-growth/v/understanding-economic-growth-ap-macroeconomics-khan-academy?utm_source=youtube&utm_medium=desc&utm_campaign=apmacroeconomics AP Macroeconomics on Khan Academy: Welcome to Economics! In this lesson we'll define Economic and introduce some of the fundamental tools and perspectives economists use to understand the world around us! Khan Academy is a nonprofit organization with the mission of providing a free, world-class education for anyone, anywhere. We offer quizzes, questions, instructional videos, and articles on a range of academic subjects, including math, biology, chemistry, physics, history, economics, finance, grammar, preschool learning, and more. We provide teachers with tools and data so they can help their students develop the skills, habits, and mindsets for success in school and beyond. Khan Academy has been translated into dozens of languages, and 15 million people around the globe learn on Khan Academy every month. As a 501(c)(3) nonprofit organization, we would love your help! Donate or volunteer today! Donate here: https://www.khanacademy.org/donate?utm_source=youtube&utm_medium=desc Volunteer here: https://www.khanacademy.org/contribute?utm_source=youtube&utm_medium=desc
Views: 11412 Khan Academy
Top 20 Country GDP (PPP) Ranking History (1980-2023)
This video shows the Top 20 countries with highest GDP PPP from 1980 to 2023. The ranking includes superpowers, such as United States, China, Japan, India, and Germany. It also compares the total GDP (PPP) of different continents from the Top 20 countries, mostly North America, Europe, and Asia. Purchasing power parity (PPP) is a neoclassical economic theory that states that the exchange rate between two countries is equal to the ratio of the currencies' respective purchasing power. Support Us on Patreon: https://www.patreon.com/wawamustats Facebook: https://www.facebook.com/wawamustats Instagram: https://www.instagram.com/wawamustats Twitter: https://twitter.com/statswawamu Music: Home by Whitesand https://www.youtube.com/watch?v=3r8gL1vWGx0 Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
Views: 1027301 WawamuStats
Productivity and Growth: Crash Course Economics #6
Why are some countries rich? Why are some countries poor? In the end it comes down to Productivity. This week on Crash Course Econ, Adriene and Jacob investigate just why some economies are more productive than others, and what happens when an economy is mor productive. We'll look at how things like per capita GDP translate to the lifestyle of normal people. And, there's a mystery. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 854437 CrashCourse
Top 10 Country GDP Per Capita Ranking History (1962-2017)
This video shows the Top 10 countries with highest GDP per capita from 1962 to 2017. Most countries are from developed regions in Europe, North America, and Asia. As of 2017, Luxembourg has been regarded as the richest country in terms of GDP per capita. Per capita GDP is a measure of the total output of a country that takes the gross domestic product (GDP) and divides it by the number of people in that country. The Per capita GDP is especially useful when comparing one country to another, because it shows the relative performance of the countries. A rise in Per capita GDP signals growth in the economy and tends to reflect an increase in productivity. Support Us on Patreon: https://www.patreon.com/wawamustats Facebook: https://www.facebook.com/wawamustats Instagram: https://www.instagram.com/wawamustats Twitter: https://twitter.com/statswawamu Music: Melody Of My Dreams by Whitesand https://www.youtube.com/watch?v=Si89RLFreaw Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
Views: 148169 WawamuStats
Real GDP Per Capita and the Standard of Living
They say what matters most in life are the things money can’t buy. So far, we’ve been paying attention to a figure that’s intimately linked to the things money can buy. That figure is GDP, both nominal, and real. But before you write off GDP as strictly a measure of wealth, here’s something to think about. Increases in real GDP per capita also correlate to improvements in those things money can’t buy. Health. Happiness. Education. What this means is, as real GDP per capita rises, a country also tends to get related benefits. As the figure increases, people’s longevity tends to march upward along with it. Citizens tend to be better educated. Over time, growth in real GDP per capita also correlates to an increase in income for the country’s poorest citizens. But before you think of GDP per capita as a panacea for measuring human progress, here’s a caveat. GDP per capita, while useful, is not a perfect measure. For example: GDP per capita is roughly the same in Nigeria, Pakistan, and Honduras. As such, you might think the three countries have about the same standard of living. But, a much larger portion of Nigeria's population lives on less than $2/day than the other two countries. This isn’t a question of income, but of income distribution—a matter GDP per capita can’t fully address. In a way, real GDP per capita is like a thermometer reading—it gives a quick look at temperature, but it doesn’t tell us everything. It’s far from the end-all, be-all of measuring our state of well-being. Still, it’s worth understanding how GDP per capita correlates to many of the other things we care about: our health, our happiness, and our education. So join us in this video, as we work to understand how GDP per capita helps us measure a country’s standard of living. As we said: it's not a perfect measure, but it is a useful one. Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/1WJcJ5w Next video: http://bit.ly/1S1CxuA Help us caption & translate this video! http://amara.org/v/H04s/
India vs China Economy Growth Comparison from 1960-GDP-Must See 2018/2017
China India Economy Comparison 2018-India China Economy GDP & Exports Growth Race from 1960-Must See 2018/2017 Their growth in economy and exports have varied largely post 1980 and china had made a huge growth many times higher than India and rest of the world. India and china are 2 prominent economies in the world not only from today but from long history and have been important countries managing large share of global economy. Based on data from World Bank , International Monetary Fund
Views: 152910 TUINT
China's engine of economic growth | FT World
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs The FT's emerging markets Editor James Kynge explains how China's economy is shifting gears, and what that means for the world's second-largest economy. For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Views: 15054 Financial Times
Secrets of Economic Growth | Ricardo Hausmann
http://www.weforum.org/ Economic Complexity is like a game of Scrabble, says Ricardo Hausmann. The more letters you have, the more words you can make; the more capabilities a country has, the more diverse products it can generate. In this video for the World Economic Forum Hausmann, from the Harvard Kennedy School of Government, uses metaphors and metrics to explain the gap between rich and poor countries. Click on the video for an in depth analysis, or read key quotes below On the growing gap between rich and poor “The secrets of economic growth is the question that Alan Smith started economics with: what's the origin of the wealth of nations and why are some countries rich and other countries poor? The only thing is that when he wrote “The Wealth of Nations”, the richest country in the world was probably the Netherlands, and was about four times richer than the poorest country of the world." “Today, the richest countries in the world are about 250 times richer than the poorest countries in the world. You might say well, what’s problem of the difference incomes between countries? It’s not only between countries. Within the same country - with the same exchange rates, same interest rates, same tax regimes et cetera - you have differences in productivity per worker of about a factor of 10. That's a truly puzzling result.” On growth and productivity “If you think about technology as the explanation for these humongous difference is in productivity, you have to ask yourself why technology doesn’t diffuse. The problem is that in order to implement technology there is a crucial ingredient that at some stage in the production you will need: “know-how”. You need the ability of the brain to do things, something that the brain must be trained to do it and that takes a long time. The diffusion of that is complicated.” “In order to get our minds around “know-how”, I'm going to make a stylised comparison between a traditional Inuit - and here is the Inuit engaged in food production, here in housing construction, and here engaged in transportation - to this guy sitting by a computer wearing glasses. Who has more know-how? Well, the guy uses glasses and doesn't have a clue as to how to make glasses. He has a headset and a computer and doesn't know how to make those things either.” “If I put this guy in the Arctic he will either freeze or starve to death, so there is no practical way that you can say that he has more know-how than the Inuit. But it is possible to say that the society to which this guy belongs knows how to do more things than the society that the Inuit belongs to - not because this society is a bunch of geniuses, but because in this society there are some people who know how to make glasses, know how to make headsets or know how to make other things.” “It's the diffusion of that know-how in society that underpins the capacity to know how to do more things and more complicated things. That doesn't mean the secret of progress is to have large companies. This is a very big chicken company. But it’s not a very complex company, as if you move workers around not much will happen to the production process. But you cannot do that in an orchestra. Here each worker is contributing a different bit of know-how to the whole. So, as you need the whole set of instruments to make the symphony, it's not what you know, it's the network of know-how to which you are connected.” On Scrabble and connecting capabilities So it's being connected to that network, all these other inputs, that allows someone to mobilise all that know-how and to generate productivity. I am going to redescribe this as the game of Scrabble. In Scrabble you have to make words. You are given letters, so think of words as products, words are services. Think of letters as bits of “Know-how.” In order to make something you have to string the bits of know-how together - the same way that you need the different instruments to make a symphony. "If you only have one kind of letter, you're mostly going to make one kind of word. But if I give you more letters, you get an increasing number of words diversification of what you do and longer words, more complex products. For example the most diverse country in the world is Germany, and there are very few other countries that are able to do the things that Germany is able to do. While the poorest countries in the world make few things and they make things that everybody knows how to make. They make shorter words. So the more letters you have, the more complex words."
Views: 47435 World Economic Forum
INDIA Becomes NO 1 in Fastest Growing Economy in the World says Harvard
INDIA Becomes NO 1 in Fastest Growing Economy in the World Surpassing China says Harvard . INDIA Becomes NO 1 in Fastest Growing Economy in the World says Harvard . India is the fastest Growing Economy in the world . India fastest Growing Economy . Harvard University says india Tops the list to be fastest growing Country . Harvard university . GDP 7.7% Growth rate in India than Chinese Economy . USA Japan or behind Indian Economy . Manmohan Singh takes India to Top . India on top of the world fastest growing country . India the Fastest Growing Country in the World . INDIA Becomes NO 1 in the WORLD overtaking USA CHINA . India Becomes No 1 for Foreign Investments in the world overtaking USA by FDI intelligence . India Becomes No 1 for Foreign Investments in the world by FDI intelligence . India Becomes No 1 for Foreign Investments in the world overtaking USA by FDI intelligence . India has become number 1 in Asia for Foreign Investments . India has emerged as the economic pole of global growth by surpassing China and is expected to maintain its lead over the coming decade, says a new study by Harvard University. According to the Harvard University’s Center for International Development (CID) growth projections, India will feature on top of the list of the fastest growing economies till 2025 with an average annual growth of 7.7 per cent, for a variety of reasons. “The economic pole of global growth has moved over the past few years from China to neighbouring India, where it is likely to stay over the coming decade,” the CID research suggested. The study attributed India’s rapid growth prospects to the fact that it is particularly well positioned to continue diversifying into new areas, given the capabilities accumulated to date. “India has made inroads in diversifying its export base to include more complex sectors, such as chemicals, vehicles, and certain electronics,” the growth projection pointed out. “The major oil economies are experiencing the pitfalls of their reliance on one resource. India, Indonesia, Vietnam have accumulated new capabilities that allow for more diverse and more complex production that predicts faster growth in the coming years,” it added. Stating that economic growth fails to follow one easy pattern, the study said, “The countries that are expected to be the fastest growing – India, Turkey, Indonesia, Uganda, and Bulgaria – are diverse in all political, institutional, geographic and demographic dimensions.” “What they share is a focus on expanding the capabilities of their workforce that leaves them well positioned to diversify into new products and products of increasingly greater complexity,” the new growth projections by CID added. Besides, the projections divide countries into three basic categories — the countries with too few productive capabilities to easily diversify into related products. Secondly, the countries that have enough capabilities that make diversification and growth easier, which include India, Indonesia and Turkey. Last, the advanced countries such as Japan, Germany and the US that already produce nearly all existing products, so that progress will require pushing the world’s technological frontier by inventing new products, a process that implies slower growth. Growth in emerging markets is predicted to continue to outpace that of advanced economies, though not uniformly says CID’s new growth projections. The growth projections are based on measures of each country’s economic complexity, which captures the diversity and sophistication of the productive capabilities embedded in its exports and the ease with which it could further diversify by expanding those capabilities. The CID is a university-wide center that works to advance the understanding of development challenges and offer viable solutions to problems of global poverty. Thanks for watching. Subscribe to our channel. Thanks for watching. This is World Conspiracy Daily WC Daily If you have any points comment below. Production: Hades Pictures Music By : Kevin MacLeod Inspired Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/
Views: 18535 WC Daily
Why India's 7.7% GDP growth rate is no reason to celebrate
Finance ministry has announced that all the states in the country would have implemented e-way bill for intra-day movement of goods by June 3; there's much to cheer about the 7.7 pc GDP growth rate in Q4 of 2017-18, yet, there's still a lot that's not right with the economy and nobody bid for national carrier Air India as potential bidders were truly put off by some onerous conditions. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly. ---------------------- About the Channel: Watch Business Today videos to get the latest news on Business, stock market, sensex - BSE India, NSE India, personal finance, gold prices, petrol prices and more. Also, get an insight into the dealings of the top companies in India from Business Today's award-winning journalists. Get up to date with all investment options (Mutual Funds, SIPs, Debt, Equity, Insurance, Home Loans, Pension Schemes, Retirement Plans) from our Money Today team. Also, watch interviews of top CEOs. Regular shows to watch out: The Good The Bad and The Ugly with BusinessToday.in Editor Rajeev Dubey to know the top stories of the day specially curated from the world of business and economy. Watch Inside India's Factories to find out how different products get manufactured and processed for final consumption. You can follow us at: Website: https://www.businesstoday.in Facebook: https://www.facebook.com/BusinessToday Twitter: https://twitter.com/BT_India Google Plus: https://plus.google.com/+businesstoday
Views: 7550 Business Today
India States vs China Provinces GDP Comparison (1993-2017)
This video shows the Top 20 provinces/states with highest GDP in India and China from 1993 to 2017. Indian states had relatively similar GDP back in the 1990s, but as China joined WTO in 2001, its provinces' GDP increased drastically ever since. However, due to the recent trade war between China and USA, Chinese provinces' GDP growth rate could suffer. Gross Domestic Product (GDP) is a monetary measure of the market value of all the final goods and services produced in a period of time, often annually or quarterly. Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons. Support Us on Patreon: https://www.patreon.com/wawamustats Facebook: https://www.facebook.com/wawamustats Instagram: https://www.instagram.com/wawamustats Twitter: https://twitter.com/statswawamu Music: Origin Reprise by TheFatRat https://www.youtube.com/watch?v=GaLMjJZlEzk Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
Views: 191948 WawamuStats
GDP Per Capita Growth, 5 Yrs (%) - Pakistan Compared To Continent
GDP Per Capita Growth, 5 Yrs (%) - Pakistan Compared To Continent Subscribe channel for getting more and valuable videos
Views: 23202 World Affairs
Global economic growth to reach fastest rate in seven years in 2018
내년 세계성장률 7년만에 4% 찍나 As 2017 starts to wind down,... investment banks have crunched their numbers and released their growth projections for the global economy in 2018. Overall it makes good reading,... especially for South Korea which is forecast to further cement its position as one of the world's strongest economies. Kim Hyesung starts us off. 2018 looks set to be a year of good economic growth around the globe. According to Bloomberg's investment banks' median estimates, the global economic growth outlook for 2018 is three-point-seven percent. Goldman Sachs and Barclays were the most bullish, predicting global growth to reach four percent next year, which would be the highest since 2011's four-point-three percent. Banks cited the robust cyclical recovery in the Eurozone and stronger growth in the U.S. backed by tax cuts and increased government spending to bolster global growth. Advanced economies' solid economic growth is expected to increase global oil demand, giving a boost to Gulf Cooperation Council countries. Banks forecast those countries, including Saudi Arabia, Kuwait and others, to see a rebound from this year's zero-point-eight percent to two-point-three percent next year. China, which has been the driver of the global economy, is expected to see slower growth next year, a fall from this year's six-point-eight percent to six-point-four percent... as the country works to rein in growing debt and oversupply. South Korea, however, is set to see its growth momentum continue, and hit around three percent again in 2018. South Korea has enjoyed solid economic growth on the back of its strong exports. Quarterly data released by the OECD on Monday showed South Korea's third quarter real GDP recording one-and-a-half percent, the third highest in the G20. Kim Hyesung, Arirang News. Arirang News Facebook: http://www.facebook.com/arirangtvnews ------------------------------------------------------------ [Subscribe Arirang Official YouTube] ARIRANG TV: http://www.youtube.com/arirang ARIRANG RADIO: http://www.youtube.com/Music180Arirang ARIRANG NEWS: http://www.youtube.com/arirangnews ARIRANG K-POP: http://www.youtube.com/arirangworld ARIRANG ISSUE: http://www.youtube.com/arirangtoday ARIRANG CULTURE: http://www.youtube.com/arirangkorean ------------------------------------------------------------ [Visit Arirang TV Official Pages] Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld Homepage: http://www.arirang.com ------------------------------------------------------------ [Arirang K-Pop] YouTube: http://www.youtube.com/arirangworld Facebook: http://www.facebook.com/arirangkpop Google+: http://plus.google.com/+arirangworld
Global Economic Outlook: A View from Asia
Global economic growth is soaring by nearly 4% (IMF) but rising US interest rates, high levels of debt from the low-rate era and trade skirmishes cast a shadow on the outlook. How will economic leaders navigate the new context? Speakers: - Lutfey Siddiqi, Visiting Professor-in-Practice, London School of Economics and Political Science, United Kingdom; Young Global Leader. - Arun Sundararajan, Robert and Dale Atkins Rosen Professor of Business, Stern School of Business, New York University, USA. - Jing Ulrich, Managing Director and Vice-Chairman, Asia-Pacific, JPMorgan Chase & Co., Hong Kong SAR, China. - Wang Tuanwei, Chief Financial Officer and Vice-President, China. - Minsheng Investment Group, People's Republic of China. Moderated by: - Martin Soong, Anchor, CNBC Asia, Singapore. http://www.weforum.org/
Views: 7403 World Economic Forum
Headstart: Philippine 2018 GDP growth still among world's fastest - Diokno
The Philippine economy likely grew 6.5 to 6.7 percent in 2018, maintaining one of the world's fastest growth rates, Budget Secretary Benjamin Diokno said January 8, 2019. Subscribe to the ABS-CBN News channel! - http://bit.ly/TheABSCBNNews Visit our website at http://news.abs-cbn.com Facebook: https://www.facebook.com/abscbnNEWS Twitter: https://twitter.com/abscbnnews Instagram: https://www.instagram.com/abscbnnews #Headstart #ABSCBNNews #ANC
Views: 1518 ABS-CBN News
Economic Growth Around the World
Economic growth is the increase in the market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. Of more importance is the growth of the ratio of GDP to population (GDP per capita), which is also called per capita income. An increase in per capita income is referred to as intensive growth. GDP growth caused only by increases in population or territory is called extensive growth. Growth is usually calculated in real terms -- i.e., inflation-adjusted terms -- to eliminate the distorting effect of inflation on the price of goods produced. In economics, "economic growth" or "economic growth theory" typically refers to growth of potential output, i.e., production at "full employment." As an area of study, economic growth is generally distinguished from development economics. The former is primarily the study of how countries can advance their economies. The latter is the study of the economic aspects of the development process in low-income countries. Since economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the advantages and drawbacks of that measure. For example, GDP only measures the market economy, which tends to overstate growth during the change over from a farming economy with household production. An adjustment was made for food grown on and consumed on farms, but no correction was made for other household production. Also, there is no allowance in GDP calculations for depletion of natural resources.
Views: 1 purple 2020
Indonesia | The World Investment Paradise [2018]
Indonesia’s economy is on the rise and thus seeing the country take its rightful position as a major destination for foreign direct investment (FDI). In terms of future outlook, Indonesia is entering a ‘sweet spot’ as a convergence of its young, working population with that of relatively stable inflation and sustained economic growth is fuelling consumer spending. Finally, the country’s resilience over the course of the global financial crisis illustrated the merits of its immense population and economic self-reliance. Bucking the trend of most other G20 economies. Indonesia | The Emerging Tiger Its peculiar characteristics are now enhanced by political stability, self-reliance and robust economic growth which saw the country largely shielded from the global economic crisis. Indonesia is now at a key point in its transition from a low- to middle-income economy and as a primary producer to becoming a value-added exporter as well as a knowledge-based economy. Investment opportunities are ripe in all sectors; ranging from infrastructure to manufacturing and services. This has created a window of opportunity for investors to participate in the world’s fastest growing regional market which exhibits strong fundamentals and is poised to flourish. Undoubtedly, Indonesia possesses the fundamentals to be a leading global economy over the coming decades Learn more: https://invest-islands.com/why-invest/indonesian-potential/ __________ 🎥Source: KPPIP Indonesia - https://www.youtube.com/watch?v=ueJAD4eS7aw
Views: 12441 Invest Islands
Hans Rosling's 200 Countries, 200 Years, 4 Minutes - The Joy of Stats - BBC Four
SUBSCRIBE to the OFFICIAL BBC YouTube channel: https://bit.ly/2IXqEIn LAUNCH BBC iPlayer to access Live TV and Box Sets: https://bbc.in/2J18jYJ More about this programme: http://www.bbc.co.uk/programmes/b00wgq0l Hans Rosling's famous lectures combine enormous quantities of public data with a sport's commentator's style to reveal the story of the world's past, present and future development. Now he explores stats in a way he has never done before - using augmented reality animation. In this spectacular section of 'The Joy of Stats' he tells the story of the world in 200 countries over 200 years using 120,000 numbers - in just four minutes. Plotting life expectancy against income for every country since 1810, Hans shows how the world we live in is radically different from the world most of us imagine.
Views: 8579073 BBC
China Documentary: How China Dominated The World's Economy
China Documentary: How China Dominated The World's Economy China, officially the People's Republic of China (PRC), is a sovereign state in East Asia. With a population of over 1.381 billion, it is the world's most populous state. China's socialist market economy is the world's second largest economy by nominal GDP, and the world's largest economy by purchasing power parity according to the IMF, although China's National Bureau of Statistics rejects this claim. Until 2015 China was the world's fastest-growing major economy, with growth rates averaging 10% over 30 years. Due to historical and political facts of China's developing economy, China's public sector accounts for a bigger share of the national economy than the burgeoning private sector. China is a global hub for manufacturing, and is the largest manufacturing economy in the world as well as the largest exporter of goods in the world. China is also the world's fastest growing consumer market and second largest importer of goods in the world. China is a net importer of services products. Watch More: https://www.youtube.com/channel/UCgPmFlw7U0VgUFIkWBDpZSg Sources: https://en.wikipedia.org/wiki/Economy_of_China https://en.wikipedia.org/wiki/China
Views: 28267 Sebastian AO
World economic growth chart
Views: 92 Rd Zk
DNA: Analysis on increase of India's GDP growth rate
DNA: This is a special segment of Zee News which does analysis on increase of India's GDP growth rate. Watch this video for more information. About Channel: Zee News is a Hindi news channel with 24 hour coverage. Zee News covers breaking news, latest news, politics, entertainment and sports from India & World. ------------------------------------------------------------------------------------------------------------- Subscribe to our other network channels: Zee Business: https://goo.gl/fulFdi Dr. Subhash Chandra Show: https://goo.gl/fCugXC Daily News and Analysis: https://goo.gl/B8eVsD ------------------------------------------------------------------------------------------------------------- You can also visit us at: http://zeenews.india.com/ Like us on Facebook: https://www.facebook.com/ZeeNews Follow us on Twitter: https://twitter.com/ZeeNews Follow us on G+: https://plus.google.com/+Zeenews
Views: 86541 Zee News
How the rich get richer – money in the world economy | DW Documentary
Exploding real estate prices, zero interest rate and a rising stock market – the rich are getting richer. What danger lies in wait for average citizens? For years, the world’s central banks have been pursuing a policy of cheap money. The first and foremost is the ECB (European Central Bank), which buys bad stocks and bonds to save banks, tries to fuel economic growth and props up states that are in debt. But what relieves state budgets to the tune of hundreds of billions annoys savers: interest rates are close to zero. The fiscal policies of the central banks are causing an uncontrolled global deluge of money. Experts are warning of new bubbles. In real estate, for example: it’s not just in German cities that prices are shooting up. In London, a one-bed apartment can easily cost more than a million Euro. More and more money is moving away from the real economy and into the speculative field. Highly complex financial bets are taking place in the global casino - gambling without checks and balances. The winners are set from the start: in Germany and around the world, the rich just get richer. Professor Max Otte says: "This flood of money has caused a dangerous redistribution. Those who have, get more." But with low interest rates, any money in savings accounts just melts away. Those with debts can be happy. But big companies that want to swallow up others are also happy: they can borrow cheap money for their acquisitions. Coupled with the liberalization of the financial markets, money deals have become detached from the real economy. But it’s not just the banks that need a constant source of new, cheap money today. So do states. They need it to keep a grip on their mountains of debt. It’s a kind of snowball system. What happens to our money? Is a new crisis looming? The film 'The Money Deluge' casts a new and surprising light on our money in these times of zero interest rates. _______ Exciting, powerful and informative – DW Documentary is always close to current affairs and international events. Our eclectic mix of award-winning films and reports take you straight to the heart of the story. Dive into different cultures, journey across distant lands, and discover the inner workings of modern-day life. Subscribe and explore the world around you – every day, one DW Documentary at a time. Subscribe to DW Documentary: https://www.youtube.com/channel/UCW39zufHfsuGgpLviKh297Q?sub_confirmation=1# For more information visit: https://www.dw.com/documentaries Instagram https://www.instagram.com/dwdocumentary/ Facebook: https://www.facebook.com/dw.stories DW netiquette policy: http://www.dw.com/en/dws-netiquette-policy/a-5300954
Views: 1551148 DW Documentary
Total Fertility Rate: A Barrier to Global Economic Growth
Gapminder World video assignment Spring 2017 by Justin Panzarino, Kris Chu, & Caspar Mueller
Views: 54 Justin Panzarino
Indian Economic Growth in 90 Seconds | FT World
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs India's finance ministry has issued its annual economic survey that says the economy could grow by more than 8% in the next year. The FT's south Asia bureau chief Victor Mallet explains the reasons for optimism and the challenges ahead. ► FT World News: http://bit.ly/1Exp0iJ ► FT Global Economy: http://bit.ly/1J5mmqH ► Indian Banking Turns to Private Sector: http://bit.ly/1QGCiFL
Views: 10834 Financial Times
World Bank cuts forecast for 2019 global economic growth to 2.9%
세계은행, 2019년 세계 경제성장 전망치 2.9% 하향 The World Bank is downgrading its 2019 outlook for the global economy. It's blaming elevated trade tensions, weakening manufacturing activity and growing financial stress in emerging markets. According to its Global Economic Prospects report, the World Bank forecasts global growth to slow to two-point-nine percent in 2019, down from its previous three percent forecast in June. If the forecast proves to be true,... 2019 would be the second straight year of global growth at three percent or below. Arirang News Facebook: http://www.facebook.com/arirangtvnews ------------------------------------------------------------ [Subscribe Arirang Official YouTube] ARIRANG TV: http://www.youtube.com/arirang ARIRANG RADIO: http://www.youtube.com/Music180Arirang ARIRANG NEWS: http://www.youtube.com/arirangnews ARIRANG K-POP: http://www.youtube.com/arirangworld ARIRANG ISSUE: http://www.youtube.com/arirangtoday ARIRANG CULTURE: http://www.youtube.com/arirangkorean ARIRANG FOOD & TRAVEL : http://www.youtube.com/ArirangFoodTravel ------------------------------------------------------------ [Visit Arirang TV Official Pages] Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld Homepage: http://www.arirang.com ------------------------------------------------------------ [Arirang K-Pop] YouTube: http://www.youtube.com/arirangworld Facebook: http://www.facebook.com/arirangkpop Google+: http://plus.google.com/+arirangworld
Slow Economic Growth for the World
Global Economic Growth Commodity Prices Currency Rates Trade/Investment Keys to growth
Views: 135 paul young
Calculating the Growth Rate Using the Percentage Change Formula
An explanation of how to calculate the growth rate of Real GDP by using a simple percentage change formula. I hope to make more videos like this. Check out my teaching website at www.jamestierney.com/teaching and following me on twitter at www.twitter.com/james_tierney
Views: 62193 James Tierney
World Bank cuts forecast for 2019 world economic growth to 2.9%
세계은행, 2019년 세계 경제성장 전망치 2.9% 하향 With this year's growth expected to slow for the global economy... the World Bank has blamed elevated trade tensions,... weakening manufacturing activity.... and growing financial stress in emerging markets for the slowdown. Seo Bo-bin has the details. The World Bank is downgrading its 2019 outlook for the global economy. According to its Global Economic Prospects report titled "Darkening Skies", the World Bank forecasts global growth to slow to two-point-nine percent in 2019, down from its previous three percent forecast in June. If the forecast proves to be true,... 2019 would be the second straight year of global growth at three percent or below. The bank has left its forecast for U.S. economy unchanged at 2.5 percent this year, down from 2.9 percent last year. China's economy is expected to grow by 6.2 percent, down from 6.5 percent in 2018. With slowing external demand and rising borrowing costs, the growth outlook for emerging markets is expected to hold steady at a weaker-than-expected 4-point-2 percent this year. A number of other factors could act as a further brake on economic growth. Higher borrowing costs could lead to slower growth in many emerging markets and developing economies and intensifying trade tensions could result in weaker global growth. Seo Bo-bin, Arirang News. Arirang News Facebook: http://www.facebook.com/arirangtvnews ------------------------------------------------------------ [Subscribe Arirang Official YouTube] ARIRANG TV: http://www.youtube.com/arirang ARIRANG RADIO: http://www.youtube.com/Music180Arirang ARIRANG NEWS: http://www.youtube.com/arirangnews ARIRANG K-POP: http://www.youtube.com/arirangworld ARIRANG ISSUE: http://www.youtube.com/arirangtoday ARIRANG CULTURE: http://www.youtube.com/arirangkorean ARIRANG FOOD & TRAVEL : http://www.youtube.com/ArirangFoodTravel ------------------------------------------------------------ [Visit Arirang TV Official Pages] Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld Homepage: http://www.arirang.com ------------------------------------------------------------ [Arirang K-Pop] YouTube: http://www.youtube.com/arirangworld Facebook: http://www.facebook.com/arirangkpop Google+: http://plus.google.com/+arirangworld
Top 20 Fastest Growing Economies 2019 (Major Economies)
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. The "rate of economic growth" refers to the geometric annual rate of growth in GDP (top 10 economies) between the first and the last year over a period of time. This growth rate is the trend in the average level of GDP over the period, which ignores the fluctuations in the GDP around this trend. An increase in economic growth caused by more efficient use of inputs (increased productivity of labor, physical capital, energy or materials) is referred to as intensive growth. GDP growth (gdp growth rate) caused only by increases in the amount of inputs available for use (increased population, new territory) (gdp 2019 or gdp growth rate 2019) is called extensive growth. This video is made by Dr. Top 10 and contains Information taken from IMF 2019 Reports and Projections #fastestgrowingeconomy #growthrate2019 #majoreconomies
Views: 15453 Dr. Top 10
Wion Wallet: IMF cuts world economic growth forecast
The International Monetary Fund has cut its global economic growth forecasts for 2018 and 2019, saying that trade policy tensions and the imposition of import tariffs were taking a toll on commerce while emerging markets struggle with tighter financial conditions and capital outflows. The World is One News, WION examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults. Subscribe to our channel at https://goo.gl/JfY3NI Check out our website: http://www.wionews.com Connect with us on our social media handles: Facebook: https://www.facebook.com/WIONews Twitter: https://twitter.com/WIONews Google Plus: https://plus.google.com/+WIONews
Views: 514 WION
Global economic growth projected to have picked up
Global growth is starting to pick up according to projections by the International Monetary Fund. But the heads of both the IMF and the World Bank, hosting their annual spring meetings in Washington DC, are appealing for greater global cooperation on a range of challenges and obstacles. From those meetings, our correspondent Daniel Ryntjes reports. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 138 CGTN Africa
Money Talks: Turkey GDP growth jumps to 11.1% in third quarter
Turkey has become the world's fastest-growing major economy. According to official statistics, GDP surged more than 11% in the third quarter of 2017. That is its fastest growth rate in 6 years. Report by Adefemi Akinsanya followed by analysis from Dr. Emine Nur Gunay, Economist and Member of Turkish Parliament for the AK Party.
Views: 10150 TRT World
Asia to Lead Global Economic Growth in 2010
The United Nations says the world economy is on the mend. In its annual economic report released Wednesday (January 20), the U.N. predicts a global growth rate of 2.4 percent in 2010 with East and South Asia taking the lead. But the organization warns conditions for sustained growth around the world remain fragile. VOA's Mil Arcega has more.
Views: 2059 VOA News
IMF maintains global economic growth forecast for 2017 at 3.5%
IMF, 올해 세계 경제성장률 전망 3.5%로 유지 The International Monetary Fund maintained its growth forecast for the global economy this year... but it revised its projection for the world's two largest economies. For more, our Kim Ji-yeon reports. The International Monetary Fund said the global economy is expected to grow 3-point-5-percent in 2017 and 3-point-6-percent in 2018. The IMF lowered its projection for the U.S. economy this year... by zero-point-two-percentage-points to 2-point-1-percent,... citing lower first quarter earnings and uncertainties stemming from its fiscal policies. At the same time, the IMF raised its projection for the Chinese economy this year... by zero-point-one-percentage-point to 6-point-7-percent... largely due to better-than-expected first quarter earnings performance. The forecast for the Korean economy was not included in the latest report. Locally, Korea is expected to grow 2-point-8-percent this year, up by zero-point-two-percentage-points from earlier projections... by the Bank of Korea early this month. The central bank said Korea recovered slightly from a downturn due to the global recovery, and that exports have improved... but not by enough to boost employment figures and domestic consumption. The number of new jobs in June posted its lowest on-year climb in five months,... and youth unemployment rate stood at ten-point-five percent,... the highest for the month of June since 1999. The annual growth rate for Asia's fourth-largest economy has remained in the two-percent range since 2012, except for 2014 when it grew 3-point-3-percent. Kim Ji-yeon, Arirang News. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
18. Economic Impact of Population Growth
Global Problems of Population Growth (MCDB 150) 1) Population in China: Until recently, Chinese families did not much alter their fertility depending on life events like deaths of children. However, under government prodding and eventually coercion, fertility drops drastically in China in the 1970s, but, to counteract momentum, the One-Child Policy starts in 1979-80. 2) Population Growth and Economic Development: In Asia, rapid fertility drops have preceded economic booms by ~15 years. In this time, children grow up and become workers. With many workers and fewer children to support, savings and investments rise causing the boom. Non-Asian countries with rapid fertility drops, like Ireland, fit this model. Sub-Saharan Africa, with still high fertility, makes little economic progress. 00:00 - Chapter 1. Concluding Facts on Population in China 14:15 - Chapter 2. Urban v. Rural Fertility in China 26:15 - Chapter 3. Economic Globalization and China 34:17 - Chapter 4. Economic Motivations for Fertility 46:52 - Chapter 5. Population Growth and Relationship with GDP 57:05 - Chapter 6. Demographic Dividend Complete course materials are available at the Open Yale Courses website: http://open.yale.edu/courses This course was recorded in Spring 2009.
Views: 23331 YaleCourses
The best stats you've ever seen | Hans Rosling
http://www.ted.com With the drama and urgency of a sportscaster, statistics guru Hans Rosling uses an amazing new presentation tool, Gapminder, to present data that debunks several myths about world development. Rosling is professor of international health at Sweden's Karolinska Institute, and founder of Gapminder, a nonprofit that brings vital global data to life. (Recorded February 2006 in Monterey, CA.) TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes. TED stands for Technology, Entertainment, Design, and TEDTalks cover these topics as well as science, business, development and the arts. Closed captions and translated subtitles in a variety of languages are now available on TED.com, at http://www.ted.com/translate. Follow us on Twitter http://www.twitter.com/tednews Checkout our Facebook page for TED exclusives https://www.facebook.com/TED
Views: 2812449 TED
Philippines overtakes China in economic growth again
The Philippines pulls ahead of China in the 3rd quarter of 2017 after reporting a 6.9% growth in its gross domestic product. The Philippines' 6.9% GDP growth is slightly ahead of China's 6.8%. FULL STORY:https://www.rappler.com/business/188615-gross-domestic-product-philippines-q3-2017-economic-growth-asean-china?utm_source=youtube&utm_medium=referral&utm_campaign=business
Views: 7922 Rappler
US Federal Reserve hikes interest rates on 'strong' economic growth
Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN The US Federal Reserve has - as expected - raised interest rates for the second time in 2018. What does it say about the American economy? And how will international trade tensions affect future policy decisions? We put the questions to Michael Ben-Gad, Professor of Economics at City, University of London. Also in the show - the souvenirs that could give Russia's economy a boost during the World Cup this month. http://www.france24.com/en/taxonomy/emission/20550 Visit our website: http://www.france24.com Subscribe to our YouTube channel: http://f24.my/youtubeEN Like us on Facebook: https://www.facebook.com/FRANCE24.English Follow us on Twitter: https://twitter.com/France24_en
Views: 677 FRANCE 24 English
Intro to the Solow Model of Economic Growth
Here's a quick growth conundrum, to get you thinking. Consider two countries at the close of World War II—Germany and Japan. At that point, they've both suffered heavy population losses. Both countries have had their infrastructure devastated. So logically, the losing countries should’ve been in a post-war economic quagmire. So why wasn't that the case at all? Following WWII, Germany and Japan were growing twice, sometimes three times, the rate of the winning countries, such as the United States. Similarly, think of this quandary: in past videos, we explained to you that one of the keys to economic growth is a country's institutions. With that in mind, think of China's growth rate. China’s been growing at a breakneck pace—reported at 7 to 10% per year. On the other hand, countries like the United States, Canada, and France have been growing at about 2% per year. Aside from their advantages in physical and human capital, there's no question that the institutions in these countries are better than those in China. So, just as we said about Germany and Japan—why the growth? To answer that, we turn to today's video on the Solow model of economic growth. The Solow model was named after Robert Solow, the 1987 winner of the Nobel Prize in Economics. Among other things, the Solow model helps us understand the nuances and dynamics of growth. The model also lets us distinguish between two types of growth: catching up growth and cutting edge growth. As you'll soon see, a country can grow much faster when it's catching up, as opposed to when it's already growing at the cutting edge. That said, this video will allow you to see a simplified version of the model. It'll describe growth as a function of a few specific variables: labor, education, physical capital, and ideas. So watch this new installment, get your feet wet with the Solow model, and next time, we'll drill down into one of its variables: physical capital. Helpful links: Puzzle of Growth: http://bit.ly/1T5yq18 Importance of Institutions: http://bit.ly/25kbzne Rise and Fall of the Chinese Economy: http://bit.ly/1SfRpDL Subscribe for new videos every Tuesday! http://bit.ly/1Rib5V8 Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/1RxdLDT Next video: http://bit.ly/1RxdSzo Help us caption & translate this video! http://amara.org/v/IHQj/
Growth Miracles and Growth Disasters
In previous videos, you learned two things. First, that there can be large disparities in economic wealth among different countries. And second, you learned that one key factor drives that disparity: growth rate. As we said, it changes everything. But just how transformative is a country's growth rate? Take Argentina, for example. In 1950, the Argentine standard of living was similar to that of many Western European countries. Up until 1965, Argentina's per capita income was ahead of many of its neighbors. On the other hand, Japan in 1950 was on the other end of the spectrum. Japan had been ravaged by war and was only just beginning to find its economic footing again. At that time, Japan's standard of living was roughly the same as that of Mexico. It was quite poor, compared to the Argentina of the same era. But look at what's happened in the past 65 years. Japan today is one of the world's most prosperous countries. Since 1950, it has managed to double its living standards about every eight years. Argentina, on the other hand, has stagnated. Once, Argentina had double the standard of living of Japan. But Japan now doubles them today, with a standard of living 10 times higher than the one it had in 1950. In economic terms, Japan is what we would call a growth miracle. It's in the same class as other growth success stories, like South Korea and China which have experienced the “hockey stick” of prosperity. (India seems like it may have started on this path as well.) These countries are proof of one thing: with the right factors, a poor country can not only grow, but it can do so quickly. It can catch up with developed countries at an astonishing rate. What took the United States two centuries of steady growth can now be achieved by other countries in about one-fifth the time. Catch-up can happen in 40 years—about the span of a generation or two. That's the good news. The bad news is, while growth can skyrocket in some countries, growth isn’t guaranteed at all. Argentina is an example of this. It grew well for a time, and then it stalled. Even worse than Argentina, are countries like Niger, and Chad, which are the very worst of growth disasters. Not only are these countries in extreme poverty, but they also have little to no growth. More than that, these countries have never experienced substantial growth in the past. But why does that all matter? It matters because growth isn't just about numbers. It's not just about more goods and services. When a country grows, its citizens often end up with longer, healthier, and happier lives. Conversely, the countries that are growth disasters have citizens in poverty, with shorter and less happier lives. As bleak as this seems, it’s the plain truth: while growth miracles are possible, growth disasters are, too. Which leaves us with another question: what causes either state? What leads to growth, prosperity, health, and happiness? And then, what leads to the opposite situation? We're excited to share the answer, but that's a topic for future videos. For now, check out this video to get up to speed on growth miracles and growth disasters. Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/21rp5CK Next video: http://bit.ly/1LGgSkZ Help us caption & translate this video! http://amara.org/v/HkQU/
What is Gross Domestic Product (GDP)?
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed? The cashier is computing a very important number: gross domestic product, or GDP. GDP is the market value of all finished goods and services, produced within a country in a year. But, what does "market value" mean? And what defines a "finished good"? These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour. In this video, join us as we show you how to make sense of this important economic indicator. You’ll learn how GDP is computed, and you’ll get answers to some pretty interesting questions along the way. Questions like, “Why are the eggs in my homemade omelet part of the GDP, but the eggs my baker uses are not? Why does my bottle of French wine contribute to France’s GDP, even if I bought it in the United States?” Most importantly, you’ll also learn why polar bears aren’t part of the GDP computation, even if they’re incredibly cute. So, buckle in for a bit—in the following videos we’ll dive into specifics on GDP. Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/1p4ZtxL Next video: http://bit.ly/1mY2bn0 Help us caption & translate this video! http://amara.org/v/HZv3/

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