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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
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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.