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Inside an   economic turbulence – the way down or up? How large are the chances to live in the future in a de-globalized world. . . or is the New World Order approaching?
4 world communication revolutions: 1st - Human speech: some 1-2 million years ago? 2nd- Writing: some 7 thousand years ago (Egypt) 3rd - Typographic method of printing books: Gutenberg / Fedorov – some 400-500 yeas ago 4th - Electronic transfer of data: radio – Morse /Popov, TV, PC (Apple, IBM), web, mobile phone    etc. – starting from 1880th
[object Object],[object Object],[object Object],[object Object],[object Object],1914-1918  1939-1945  1956  1957  1968  1989/1991-1997  1999 2001
Former (1990 th  – 2000 th ) forecasts The assumed growth rates (2006),  by decade, in per capita income were : 2007-2020 : 3.5% 2020-2030 : 3.5-4.0% 2030-2040 : 4.0-5.0% 2040-2050 : 5.0-6.0% Economic Growth is Exponential and Accelerating, v2.0
Nowadays vision The actual percent change outcome for world GDP growth from the IMF's  April, 2009 World Economic Outlook . Contrast the outcome with former figure. In 2009 the worst case (in the 90% confidence interval) is a -1.4% percent change in 2010. In other words, the baseline forecast reflects official optimism, but the world economy could shrink again in 2010 in the worst case.
European and US real GDP 2001-2010
Why has it happened? Too high consumption, too small savings
What is in SEE and CIS (e.g. Checz Republic, Poland, Russia, Ukraine)
Baltic states as per Den Danske bank
Russian GDP index 1995-2009 The national games “To put oligarch on his knees” and “To work using obsolete equipment”
6 months 2009 OECD outlook (1)
6 months 2009 OECD outlook (2)
 
Australian export a share of GDP
The world trend is a decrease of a share of industry in GDP. This is the approach of the 20 th  century.
US consumes and borrows more and produces less
Industrial production compared with the same month of 2005
ONLY 2 per cent of transactions in the world take place with real goods
This should be stopped ,[object Object],[object Object],[object Object],[object Object],[object Object]
The  De-globalized world : ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
This will take 15-25 years from now. ,[object Object],[object Object],[object Object]

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2009 APTEA Congress Belgrade SBrovko economic review.ppt

  • 1. Inside an economic turbulence – the way down or up? How large are the chances to live in the future in a de-globalized world. . . or is the New World Order approaching?
  • 2. 4 world communication revolutions: 1st - Human speech: some 1-2 million years ago? 2nd- Writing: some 7 thousand years ago (Egypt) 3rd - Typographic method of printing books: Gutenberg / Fedorov – some 400-500 yeas ago 4th - Electronic transfer of data: radio – Morse /Popov, TV, PC (Apple, IBM), web, mobile phone etc. – starting from 1880th
  • 3.
  • 4. Former (1990 th – 2000 th ) forecasts The assumed growth rates (2006), by decade, in per capita income were : 2007-2020 : 3.5% 2020-2030 : 3.5-4.0% 2030-2040 : 4.0-5.0% 2040-2050 : 5.0-6.0% Economic Growth is Exponential and Accelerating, v2.0
  • 5. Nowadays vision The actual percent change outcome for world GDP growth from the IMF's April, 2009 World Economic Outlook . Contrast the outcome with former figure. In 2009 the worst case (in the 90% confidence interval) is a -1.4% percent change in 2010. In other words, the baseline forecast reflects official optimism, but the world economy could shrink again in 2010 in the worst case.
  • 6. European and US real GDP 2001-2010
  • 7. Why has it happened? Too high consumption, too small savings
  • 8. What is in SEE and CIS (e.g. Checz Republic, Poland, Russia, Ukraine)
  • 9. Baltic states as per Den Danske bank
  • 10. Russian GDP index 1995-2009 The national games “To put oligarch on his knees” and “To work using obsolete equipment”
  • 11. 6 months 2009 OECD outlook (1)
  • 12. 6 months 2009 OECD outlook (2)
  • 13.  
  • 14. Australian export a share of GDP
  • 15. The world trend is a decrease of a share of industry in GDP. This is the approach of the 20 th century.
  • 16. US consumes and borrows more and produces less
  • 17. Industrial production compared with the same month of 2005
  • 18. ONLY 2 per cent of transactions in the world take place with real goods
  • 19.
  • 20.
  • 21.