Macroeconomia e mais. Recursos para as aulas do Professor Dr. Antony P. Mueller
domingo, 30 de outubro de 2016
China's Only 15% Of The Global Economy But Contributes 25
It’s entirely possible to become a little over-enthusiastic about the size of China’s economy. Yes, assuming that we don’t count the European Union as one economy, it’s the second largest economy on the planet. If we do agglomerate Europe then it’s the third. But it’s also true that it’s around 15% or so of the global economy. That’s massively up from where it was in recent decades, entirely true, but it’s not that it is anything like the majority of what is going on out there. We should be careful with these numbers of course, they’re not going to be accurate. We simply don’t measure the global economy in any particularly accurate manner. We could well be out by a few percentage points either ...