Every day, the world economy is changing. We see this all around us.
Though it’s hard to put our finger on exactly what’s happening, there are some interesting changes to be found by just looking at the numbers.
Consider the world economy as a family where we have our individual “homes” within it. The health of our individual “homes” affects how all of us feel about the state of the world’s economy. No deal! If our homes are hurting, we can’t all be happy!
For example, if you look at the changing GDP in various countries since the year 2000, it looks like there has been a boom in Asia, Europe and South America! But… not so fast…
Since the year 2000, there have been some interesting changes in the economy
– For example, in China in 2000 its GDP was US$3.76 trilion. But by 2014 it had increased to US$10.42 trillion, an increase of 222%!1
– In the U.S., GDP grew by 32% from 2015 to 2016, but it hasn’t kept up with the pace set in 2000!2
– Globally, GDP grew by 63% from 2015 to 2016.3 That’s not a very fast rate of growth when compared with the rate it began at when measured against its beginning point of zero! We are still growing at a slow clip…
– Only a tiny fraction of the world’s population has had a change in the way they live as a result of technology over the last 20 years!4
In some countries, aid from western nations is being cut off as a result of political instability caused by seizure of land and other actions against dissidents and opposition leaders. We need to help these countries before things really get out of hand.
Here riddimsaunter.net/ shows the 6 Ways To Change World’s Economy :
1. Ensure that the world’s economies are growing at the same pace.
– It’s great to see how fast economies are developing in Asia, South America and Europe, but they are growing at a much faster pace than ours is.
I’ve looked at how fast our GDP has grown compared with the growth rates of various countries/regions through my research on this topic.
2. Ensure that trade volume is growing at the same pace between nations.
– If you look at the trade volume between various countries since the year 2000, it is growing at a rapid pace. For example, between 2015 and 2016 it grew by 10%.9 It also grew very quickly between 2010 and 2011.
3. Ensure that the value of trade is growing at the same pace as GDP.
– After we find out how much money we’ve earned from our economy, we can compare it against how much money we spent so as to ensure its sustainability!
When you look at the growth in trade between 2010 and 2011, it grew by 18.3% which was almost twice the growth rate of GDP during the same period of time!10 That’s not very sustainable…
4. Ensure that there is stable economic growth through the use of blockchain technology.
– The problem with money is that it can be lost or stolen or it can be devalued by too much money being printed out.
But if we can introduce cryptocurrencies, we can eliminate this problem! Blockchains are changing the way that the world will do business.
They will be used for tracking shipments of goods and maintaining records of trade among other things.
5. Ensure that there is strong government oversight in countries where there is civil unrest.
– We all know that businesses need to operate within a legal framework in order to be sustainable, but what happens when one country’s leaders are extremely corrupt?
This is an unfortunate situation which many countries find themselves in today; it’s time for this trend to change…
We all know how important it is to get governments out of our lives…
But as we look at the current situation, we see that today’s governments may be corrupt and we then need to look at other ways to ensure our sustainability.
6. Ensure that world economics/trade is growing at the same pace as other aspects of life.
– Our world economy is founded on a system of trade and it must grow in order for us to survive.
But it must also grow in order to bring about positive change within the family, community and national groups which make up the world’s economy! We need it to grow.