European Tribune - Comments - Macroeconomic notes on resource scarcity

Macroeconomic notes on resource scarcity | 38 comments (38 topical, editorial, 0 hidden)

Re: Macroeconomic notes on resource scarcity (none / 1)

Interestingly enough, Cia world factbook has a chapter for "world" stating:

GDP (purchasing power parity):
GWP (gross world product): $65.95 trillion (2006 est.)
GDP (official exchange rate):
$46.76 trillion (2006 est.)
Exports:
$12.44 trillion f.o.b. (2004 est.)
Imports:
$12.09 trillion f.o.b. (2004 est.)

As to wheter or not these numbers are comparable with those previously provided in this thread, I am not sure. Definitions within economics seams to be a tricky matter.

by A swedish kind of death on Mon Jul 30th, 2007 at 10:40:34 AM EST
[ Parent ]

Re: Macroeconomic notes on resource scarcity (4.00 / 3)

Exports:
$12.44 trillion f.o.b. (2004 est.)
Imports:
$12.09 trillion f.o.b. (2004 est.)

That's a well-known disparity in the accounting. Can you believe it?

Can the last politician to go out the revolving door please turn the lights off?

by Migeru (migeru at eurotrib dot com) on Mon Jul 30th, 2007 at 10:42:53 AM EST
[ Parent ]

Its the imbalance in the Martian Trade acct. (none / 1)

Seriously, since so few tax exports, and so many tax imports, its almost axiomatic that more effort will go into hiding imports from the authorities than into hiding exports.

Utsukushikereba sore de ii

by BruceMcF (agila61 at netscape dot net) on Mon Jul 30th, 2007 at 03:25:54 PM EST
[ Parent ]

Re: Macroeconomic notes on resource scarcity (4.00 / 2)

Seems we annually export goods valued at $350 billion to space aliens.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Mon Jul 30th, 2007 at 06:08:13 PM EST
[ Parent ]

Macroeconomic notes on resource scarcity | 38 comments (38 topical, 0 editorial, 0 hidden)

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