{"id":870,"date":"2010-11-11T11:11:46","date_gmt":"2010-11-11T11:11:46","guid":{"rendered":"http:\/\/www.viewsoftheworld.net\/?p=870"},"modified":"2017-09-29T11:36:56","modified_gmt":"2017-09-29T11:36:56","slug":"economy-prospects-the-world-stays-the-same","status":"publish","type":"post","link":"https:\/\/www.viewsoftheworld.net\/?p=870","title":{"rendered":"GDP Changes 2010-2015"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.viewsoftheworld.net\/wp-content\/uploads\/2010\/11\/gdpmaps2010-2015_teaser.jpg\" alt=\"Preview: World maps of global GDP figures 2010\/2015\" \/><!--more-->The British Guardian stated in March that <a href=\"http:\/\/www.guardian.co.uk\/business\/2010\/mar\/01\/drag-deficit-reduction-anaemic-growth\" target=\"_blank\">the economic forecast is simple: the next 10 years are going to be a drag<\/a> (dominated by <em><strong>d<\/strong><\/em>eficit <em><strong>r<\/strong><\/em>eduction, <em><strong>a<\/strong><\/em>naemic <em><strong>g<\/strong><\/em>rowth). So get ready for the austerity decade! Do you?<br \/>\nHalf of the dynamics of the economy is about <a href=\"http:\/\/en.wikipedia.org\/wiki\/Behavioral_economics\" target=\"_blank\">psychology<\/a>, and perhaps it is time to draw a more positive picture of the global economy. Regardless of growth (or decline) in the GDP, the global economic activity hasn&#8217;t come to a standstill, and GDP is far from being 0. And that means (presumably) good news for the wealthy countries: The world hasn&#8217;t changed that much: The picture of global wealth is quite similar to <a href=\"http:\/\/www.worldmapper.org\/display.php?selected=163\" target=\"_blank\">that of 1990<\/a>, and GDP distribution did not change the dominance of the industrialized countries. Probably it is time to <a href=\"http:\/\/www.guardian.co.uk\/environment\/2010\/apr\/15\/carbon-emissions-waste\" target=\"_blank\">stop worrying about growth<\/a>, but think about <a href=\"http:\/\/sasi.group.shef.ac.uk\/presentations\/changingperspectives\/\" target=\"_blank\">tackling these global inequalities<\/a> in wealth.<br \/>\nThe newly drawn maps show the countries of the world resized according to their estimated GDP in <a href=\"http:\/\/en.wikipedia.org\/wiki\/Purchasing_power_parity\" target=\"_blank\">Purchasing Power Parity<\/a> for the years 2010 and 2015 (using data from the IMF, with projections for 2015 made using the approach as described in on the <a href=\"http:\/\/www.worldmapper.org\/technotes.php?selected=164\" target=\"_blank\">worldmapper website<\/a>):<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.viewsoftheworld.net\/wp-content\/uploads\/2010\/11\/gdpppp2010.jpg\" target=\"_blank\"><img decoding=\"async\" src=\"http:\/\/www.viewsoftheworld.net\/wp-content\/uploads\/2010\/11\/gdpppp2010_small.jpg\" border=\"0\" alt=\"Map of global GDP 2010 in PPP\" \/><\/a><br \/>\n<a href=\"http:\/\/www.viewsoftheworld.net\/wp-content\/uploads\/2010\/11\/gdpppp2010.jpg\" target=\"_blank\">(click for larger map)<\/a><\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.viewsoftheworld.net\/wp-content\/uploads\/2010\/11\/gdpppp2010.jpg\" target=\"_blank\"><img decoding=\"async\" src=\"http:\/\/www.viewsoftheworld.net\/wp-content\/uploads\/2010\/11\/gdpppp2015_small.jpg\" border=\"0\" alt=\"Map of global GDP 2015 in PPP\" \/><\/a><br \/>\n<a href=\"http:\/\/www.viewsoftheworld.net\/wp-content\/uploads\/2010\/11\/gdpppp2015.jpg\" target=\"_blank\">(click for larger map)<\/a><\/p>\n<p>To complete the picture, we have also drawn the maps of the raw GDP figures without re-calculating them to PPP. So these are the same maps, but comparing the GDP in U$ &#8211; the patters remain the same, but the so called western countries appear even bigger:<\/p>\n<table align=\"center\">\n<tbody>\n<tr>\n<td width=\"305\" align=\"center\"><a href=\"http:\/\/www.viewsoftheworld.net\/wp-content\/uploads\/2010\/11\/gdp2010.jpg\" target=\"_blank\"><img decoding=\"async\" src=\"http:\/\/www.viewsoftheworld.net\/wp-content\/uploads\/2010\/11\/gdp2010_small.jpg\" border=\"0\" alt=\"Map of global GDP 2010\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.viewsoftheworld.net\/wp-content\/uploads\/2010\/11\/gdp2010.jpg\" target=\"_blank\">(click for larger map)<\/a><\/td>\n<td width=\"350\" align=\"center\"><a href=\"http:\/\/www.viewsoftheworld.net\/wp-content\/uploads\/2010\/11\/gdp2015.jpg\" target=\"_blank\"><img decoding=\"async\" src=\"http:\/\/www.viewsoftheworld.net\/wp-content\/uploads\/2010\/11\/gdp2015_small.jpg\" border=\"0\" alt=\"Map of global GDP 2015\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.viewsoftheworld.net\/wp-content\/uploads\/2010\/11\/gdp2015.jpg\" target=\"_blank\">(click for larger map)<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>The content on this page has been created by Benjamin Hennig. Please <a href=\"http:\/\/www.viewsoftheworld.net\/?page_id=631\" target=\"_blank\">contact me<\/a> for further details on the terms of use.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[15,23,30,39,59,61],"class_list":["post-870","post","type-post","status-publish","format-standard","hentry","category-maps","tag-cartogram","tag-economy","tag-gdp","tag-inequalities","tag-world","tag-worldmapper"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GDP Changes 2010-2015 - Views of the World<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.viewsoftheworld.net\/?p=870\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GDP Changes 2010-2015 - 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