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In that wikipedia page there are three lists. The IMF list aggregates the European Union, which then has a 30% higher GDP (nominal) than the US, and 30% of world GDP.

The World Bank list aggregates the Eurozone, at 5% less GDP than the US and 20-25% of world GDP.

The CIA world fact book aggregates the European Union, at 10% larger than the US and 25-30% of world GDP.

I go with the World Bank list since the Eurozone is the sensible aggregation.

The brainless should not be in banking -- Willem Buiter

by Migeru (migeru at eurotrib dot com) on Sun Mar 14th, 2010 at 06:10:38 PM EST
[ Parent ]
Those figures are also a year older.  

Regardless of the comparison with the the United States, the Eurozone dwarfs the Japanese and Chinese economies.

And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg

by ManfromMiddletown (manfrommiddletown at lycos dot com) on Sun Mar 14th, 2010 at 06:48:07 PM EST
[ Parent ]
... sense that as a productive enterprise China/Japan is acting like a common unit. However expanding the de facto to the pro forma is a fraught political question.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Mon Mar 15th, 2010 at 07:50:00 PM EST
[ Parent ]

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