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World Economic Growth, by Daniel Silk on Jun 19, 2016 18:03:02 GMT 1,
Really interesting to see what parts of the World are predicted to grow the most between now and 2024.
The World has changed so much just in the last 10 years, so it's amazing to imagine how the countries we see as powerful now might be overtaken and the developing parts of the World take a more leading role.
Really interesting to see what parts of the World are predicted to grow the most between now and 2024. The World has changed so much just in the last 10 years, so it's amazing to imagine how the countries we see as powerful now might be overtaken and the developing parts of the World take a more leading role. |
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Deleted
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January 1970
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World Economic Growth, by Deleted on Jun 19, 2016 18:24:47 GMT 1,
Really interesting to see what parts of the World are predicted to grow the most between now and 2024. The World has changed so much just in the last 10 years, so it's amazing to imagine how the countries we see as powerful now might be overtaken and the developing parts of the World take a more leading role.
Some subscribe to this theory and some do not of course but "The law of large numbers" (as related to finance) states that as additional units are added to a sample, the average of the sample converges to the average of the population.
Example:
Applied to finance, the law of large numbers implies that the more a company grows, the harder it is for the company to sustain that percentage of growth.
For example, let's assume recently founded Company XYZ has a market capitalization of $10 million. In year 1, XYZ grows 100% from $10 million to $20 million. Shareholders love XYZ's growth story, and would like the company to continue growing at 100% per year.
But to do so XYZ would have to grow its market capitalization by $20 million in year 2, $40 million in year 3, $80 million in year 4, etc. If XYZ was able to grow 100% each year, within 20 years XYZ would be larger than the entire $14 trillion U.S. economy! As companies grow larger, their growth rates must slow.
Of course there is a lot more to discuss but this was the first thing that came to mind for me.
Really interesting to see what parts of the World are predicted to grow the most between now and 2024. The World has changed so much just in the last 10 years, so it's amazing to imagine how the countries we see as powerful now might be overtaken and the developing parts of the World take a more leading role. Interesting to see these global economic changes evolve over time. Not surprising to see some of this data related to "powerful" countries in context. Some subscribe to this theory and some do not of course but "The law of large numbers" (as related to finance) states that as additional units are added to a sample, the average of the sample converges to the average of the population. Example: Applied to finance, the law of large numbers implies that the more a company grows, the harder it is for the company to sustain that percentage of growth. For example, let's assume recently founded Company XYZ has a market capitalization of $10 million. In year 1, XYZ grows 100% from $10 million to $20 million. Shareholders love XYZ's growth story, and would like the company to continue growing at 100% per year. But to do so XYZ would have to grow its market capitalization by $20 million in year 2, $40 million in year 3, $80 million in year 4, etc. If XYZ was able to grow 100% each year, within 20 years XYZ would be larger than the entire $14 trillion U.S. economy! As companies grow larger, their growth rates must slow. Of course there is a lot more to discuss but this was the first thing that came to mind for me. |
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tartarus
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February 2013
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World Economic Growth, by tartarus on Jun 19, 2016 18:26:38 GMT 1, Turkey seem to be doing ok. Must be all that extra oil.
Or sales tax from the Banksy show.
Turkey seem to be doing ok. Must be all that extra oil.
Or sales tax from the Banksy show.
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.dappy
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World Economic Growth, by .dappy on Jun 19, 2016 18:57:38 GMT 1, ... it all depends on the base that they are growing from ...
... a 6% growth rate from a gdp of ยฃ100m ...
... is much less than a 1% growth rate from a gdp of ยฃ1,000m ....
... it all depends on the base that they are growing from ...
... a 6% growth rate from a gdp of ยฃ100m ...
... is much less than a 1% growth rate from a gdp of ยฃ1,000m ....
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tartarus
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February 2013
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World Economic Growth, by tartarus on Jun 19, 2016 19:50:05 GMT 1, ... it all depends on the base that they are growing from ... ... a 6% growth rate from a gdp of ยฃ100m ... ... is much less than a 1% growth rate from a gdp of ยฃ1,000m ....
... it all depends on the base that they are growing from ... ... a 6% growth rate from a gdp of ยฃ100m ... ... is much less than a 1% growth rate from a gdp of ยฃ1,000m .... Agreed, but this is a graph of growth rather than wealth. |
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.dappy
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December 2010
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World Economic Growth, by .dappy on Jun 19, 2016 19:55:02 GMT 1, ... it all depends on the base that they are growing from ... ... a 6% growth rate from a gdp of ยฃ100m ... ... is much less than a 1% growth rate from a gdp of ยฃ1,000m .... Agreed, but this is a graph of growth rather than wealth.ย
... it all depends on the base that they are growing from ... ... a 6% growth rate from a gdp of ยฃ100m ... ... is much less than a 1% growth rate from a gdp of ยฃ1,000m .... Agreed, but this is a graph of growth rather than wealth.ย ... exactly ... |
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