The basic concepts of the world economy

Содержание

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Economic science levels Тимофеева А.А. 2017 © Positive Normative What is economics

Economic science
levels

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Positive
Normative

What is economics

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Microeconomics Macroeconomics The world economics Тимофеева А.А. 2017 ©

Microeconomics

Macroeconomics

The world economics

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The world economics The sum of all national economies in the

The world economics

The sum of all national economies in the

world


The aggregate of those parts of national economies that interact with the outside world

The narrow conception

The broad conception

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195 states, 72 dependent areas 1 billion in 1820 2 billion

195 states, 72 dependent areas

1 billion in 1820
2 billion

in 1930
3 billion in 1960
4 billion in 1974
5 billion in 1987
6 billion in 1999
7 billion in 2012

7,095,217,980 (July 2013)

China 1,373
India 1,266
United States 324
Indonesia 258
Brazil 205
Pakistan 202
Nigeria 186
Bangladesh 156
Russia 142 (146)
Japan 126

Population growth rate:
1.06%
note: this rate results in about 148 net additions to the worldwide population every minute or 2.5 every second (2013 est)

7,174,611,584 (July 2014)

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7,256,490,011 (July 2015)

7,323,600,000 (July 2016)

How many countries?

Top ten most populous countries (in millions): 

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Age structure: 0-14 years: 25% 15-24 years: 16.8% 25-54 years: 40.6%

Age structure:
0-14 years: 25%
15-24 years: 16.8%
25-54 years: 40.6%
55-64 years: 8.4%
65 years and

over: 8.3% (2016 est.)

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Labor force:
3,39 billion (2015)
3,36 billion (2014)
3.308 billion (2013)
3.297 billion (2012)

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2016 Ten largest urban agglomerations: 1.Tokyo (Japan) – 38001000; 2. Delhi

2016
Ten largest urban agglomerations: 
1.Tokyo (Japan) – 38001000;
2. Delhi (India) –

25703000;
3. Shanghai (China) – 23741000;
4. Sao Paulo (Brazil) – 21066000;
5. Mumbai (India) – 21043000;
6. Mexico City (Mexico) – 20999000;
New York (US) - 19,425,000;
Москва - 12300000

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Megacity

Top richest cities in the world

Top fastest developing cities in the world

Urbanization:
Urban population: 52.5% of total population (2011)
Rate of urbanization: 1.97% annual rate of change (2010-15 est.)

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Total: 510.072 million sq km Land: 148.94 million sq km Water:

Total: 510.072 million sq km
Land: 148.94 million sq km
Water: 361.132 million sq km
Note: 70.9% of

the world's surface is water, 29.1% is land

The world's #1 languages
Mandarin Chinese 12.44%,
Spanish 4.85%,
English 4.83%,
Arabic 3.25%,
Hindi 2.68%,
Bengali 2.66%,
Portuguese 2.62%,
Russian 2.12%,
Japanese 1.8%,
Standard German 1.33%, (2009 est.)

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World World GDP (purchasing power parity): $119.25 trillion (2016 est.) $115.97

World World GDP (purchasing power parity):
$119.25 trillion (2016 est.)
$115.97 trillion (2015est.)
$115.47

trillion (2014 est.)
note: data are in 2016 US dollars

World World GDP - real growth rate:
3% (2016)
3,2% (2015)
3,3% (2014)

World World GDP - per capita (PPP):
$ 16.300 (2016)
$16,000 (2015)
$15,800 (2014)

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GDP - composition by sector: Agriculture: 6% Industry: 31% Services: 62%

GDP - composition by sector:
Agriculture: 6%
Industry: 31%
Services: 62% (2016 est.)

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International economic relations Resident a legal or natural person, registered or

International economic relations

Resident a legal or natural person, registered or residing

in this state

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A nonresident –
1) organization without legal entity status, established in accordance with the legislation of a foreign state or
2) diplomatic representative offices of foreign States or other official organizations located in the territory of the Russian Federation
3) natural person residing outside the Russian Federation for more than 183 calendar days within last 12 months, that is, not having permanent residence in the country.

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The forms of international economic relations International trade in goods and

The forms of international economic relations

International trade in goods and services;
The

international movement of capital;
Labour migration;
International exchange of knowledge;
The international currency and settlement relations.

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International trade in goods and services Exports: $16 trillion (2015) $15

International trade in goods and services

Exports:
$16 trillion (2015)
$15 trillion (2014)

Exports -

commodities:
top ten - share of world trade: 
electrical machinery, including computers 14.8%;
mineral fuels, including oil, coal, gas, and refined products 14.4%;
nuclear reactors, boilers, and parts 14.2%;
cars, trucks, and buses 8.9%;
scientific and precision instruments 3.5%;
plastics 3.4%;
iron and steel 2.7%;
organic chemicals 2.6%;
pharmaceutical products 2.6%;
diamonds, pearls, and precious stones 1.9%

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Stock of direct foreign investment - abroad: $28.4 trillion (31 December

Stock of direct foreign investment - abroad:
$28.4 trillion (31 December 2016

est.)
$26.2 trillion (31 December 2014 est.)

The international movement of capital

.
.

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Forms of international movement of capital are typically installed in countries investment and banking legislation

Why attract Foreign Direct Investment

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labour migration Тимофеева А.А. 2017 © According to UN data, in

labour migration

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According to UN data, in 2015 the

total number of international migrants reached
232 million people 

3.2% of the population of the Earth

The world's largest migration corridors :
Mexico — USA with 13 million migrated (in January — August 2013),
Russia — Ukraine with 3.5 million,
Ukraine — Russia with 2.9 million,
as well as Kazakhstan — Russia with 2.5 million

Top 10 Immigrant Countries

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International exchange of knowledge Тимофеева А.А. 2017 © Nonprofit forms •

International exchange of knowledge

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Nonprofit forms

• scientific and technical

publications;
• carrying out of exhibitions, fairs, symposiums;
• the exchange of delegations and meetings of scientists and engineers;
• migration of professionals;
• training students and postgraduates;
• activities of international organizations on cooperation in the field of science and technology, etc.
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Тимофеева А.А. 2017 © International exchange of knowledge On commercial bases

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International exchange of knowledge

On commercial bases

• transfer on

the terms of licence agreements (patents, know-how, registered trademarks, industrial designs);
• supply of machines and different Industrial equipment;
• rendering of technical assistance;
• export of equipment;
• preparation and training of specialists;
• management contracts;
• scientific-technical and production cooperation, etc.
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The international currency and settlement relations Тимофеева А.А. 2017 © 1)

The international currency and settlement relations

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1) means

of payment (national currency, gold, international payment unit SDR and the Euro; 2) the mechanism of establishment and maintenance of exchange rates;
3) the procedure for balancing international payments.
4) international organizations and complex international Treaty and state law.

is a set of economic relations arising at functioning of money in international circulation.

the daily turnover in the Forex market

2016 — 5,1 tr $
2020 – 10 tr $

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International market Domestic market National market International market World market Тимофеева А.А. 2017 ©

International market

Domestic market
National market
International market
World market

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