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Top 20 Economies 2019 (Nominal GDP)
 
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Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. (top 10 economies) Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.(top 10 countries) Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency.(gdp 2019) Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population. This video contains the gdp in 2019 of future superpowers like india, china, japn, germany etc and current superpower like US. This video is made by Dr Top 10 and contain Information taken from IMF 2019 Gdp Report and Projections. #top10 #top10economies #top10gdp2019
Views: 394983 Dr. Top 10
Top 10 Country Total GDP Ranking History (1960-2019)
 
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GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Like, Share & Subscribe for more Ranking videos! 🔔 SUBSCRIBE TO US ► https://www.youtube.com/UC-19pFTGxWgjEa_OgUVMclQ?sub_confirmation=1 Support us on Patreon & Instagram: https://www.patreon.com/dataraces https://www.instagram.com/dataraces/ Watch our previous video: https://youtu.be/zBIP0WZ-kig ------------------------------------------------------------------------------------------------- ✧ CREDITS ✧ Datasource: www.oecd.org/sdd/na/ Music: Track: Tobu - Turn It Up [NCS Release] Music provided by NoCopyrightSounds. Watch: https://youtu.be/RrtAC7UZOh0 Free Download / Stream: http://ncs.io/Tobu_TurnItUp Country flags: Icons made by Freepik from www.flaticon.com
Views: 1782 DataRaces
Top 20 Largest Economies in Europe (GDP, current USD): 1961 - 2017
 
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GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Source: World Bank
Views: 65 visual stats
Countries with Highest GDP(Nominal) in the World 2019
 
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Here are 20 countries that have highest Nominal GDP. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. SUBSCRIBE : https://www.youtube.com/skerryharry FOLLOW : http://www.twitter.com/SkerryHarry Thanks for watching be sure to subscribe for more amazing content Leave a like and comment below For business inquiries : [email protected]
Views: 95 Skerry Harry
Top 20 Largest Economies in Americas (GDP, current USD): 1961 - 2017
 
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GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Source: World Bank
Views: 7 visual stats
List of Countries by GDP ( nominal )
 
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Hi Friends , Gross Domestic Product ( GDP ) is the market value of all final goods and services from a nation in a given year countries are sorted by nominal GDP estimates from financial and statistical institutions which are calculated at market or government official exchange rates nominal GDP does not take into account differences in the cost of living in different countries , and the result can vary greatly one year to another based on fluctuations in the exchange rates of the country's currency .
Views: 5 Zeeper
Top 20 Largest Economies in Asia (GDP, current USD): 1961 - 2017
 
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GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Source: World Bank
Views: 14 visual stats
It's impossible to control the dollar rate
 
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It's impossible to control the dollar rate ARY News Official Youtube Channel, For more video subscribe our channel and for suggestion please use the comment section.
Views: 4171 ARY News
TOP 5 Richest Countries in Europe 2016 by GDP (Nominal)
 
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So here is the TOP 5 richest countries in Europe 2016 by GDP (Nominal). List by International Monetary Fund World Economic Outlook (October-2015). Previous Video: TOP 5 Richest Countries in Asia 2016 by GDP (Nominal) https://www.youtube.com/watch?v=o0xqgqzidWc The Economy of Europe comprises more than 731 million people in 48 different countries. Like other continents, the wealth of Europe's states varies, although the poorest are well above the poorest states of other continents in terms of GDP and living standards. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population. Source: http://statistictimes.com/economy/countries-by-projected-gdp.php Music: Razihel - Love U
Views: 30696 WORLD's TOP 5
Top 20 Richest Countries in Europe (GDP Per Capita, current USD): 1960 - 2016
 
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GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Source: World Bank
Views: 11 visual stats
Top 30 GDP (PPP) country Ranking with Growth  (2019-2020)
 
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Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.(top 30 countries) Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency.(gdp 2019) Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population. This video contains the gdp in 2019 of future superpowers like india, china, japn, germany etc and current superpower like US. This video is made by world top and contain Information taken from IMF 2019 Gdp Report and Projections. music ❌ if you have any problem please contact us ([email protected] ) and we will delete it immediately. https://www.youtube.com/user/sapperloti
Views: 3 World top
GDP (current US $) by Country: 1961 -2017
 
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GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Source: World Bank
Views: 11 visual stats
What is List of countries by GDP (PPP)?, Explain List of countries by GDP (PPP)
 
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#ListofcountriesbyGDP(PPP) #audioversity ~~~ List of countries by GDP (PPP) ~~~ Title: What is List of countries by GDP (PPP)?, Explain List of countries by GDP (PPP) Created on: 2018-11-12 Source Link: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP) ------ Description: This article includes a list of countries by their forecasted estimated gross domestic product based on purchasing power parity, abbreviated GDP . Countries are sorted by GDP PPP forecast estimates from financial and statistical institutions in the limited period January–April 2017, which are calculated at market or government official exchange rates. The data given on this page are based on the international dollar, a standardized unit used by economists. While the European Union is shown in the data, it is not a country as per the title of this article, but rather a collection of over 20 European countries. GDP comparisons using PPP are arguably more useful than those using nominal GDP when assessing a nation's domestic market because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates which may distort the real differences in per capita income. It is however limited when measuring financial flows between countries and when comparing quality of same goods among countries. PPP is often used to gauge global poverty thresholds and is used by the United Nations in constructing the human development index. These surveys such as the International Comparison Program include both tradable and non-tradable goods in an attempt to estimate a representative basket of all goods.The first table includes estimates for the year 2017 for all current 191 International Monetary Fund members as well as Hong Kong and Taiwan. Data are in millions of international dollars; they were calculated by the IMF. Figures were published in April 2018. The second table includes data, mostly for the year 2015, for 180 of the 193 current United Nations member states as well as Hong Kong and Macau . Data are in billions of international dollars; they were compiled by the World Bank. The third table is a tabulation of the CIA World Factbook GDP data update of 2017. The data for GDP at purchasing power parity have also been rebased using the new International Comparison Program price surveys and extrapolated to 2007. ------ To see your favorite topic here, fill out this request form: https://docs.google.com/forms/d/e/1FAIpQLScU0dLbeWsc01IC0AaO8sgaSgxMFtvBL31c_pjnwEZUiq99Fw/viewform ------ Source: Wikipedia.org articles, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Support: Donations can be made from https://wikimediafoundation.org/wiki/Ways_to_Give to support Wikimedia Foundation and knowledge sharing.
Views: 15 Audioversity
$1,200 Trillion Derivatives Market Dwarfs World GDP
 
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$1,200 Trillion Derivatives Market Dwarfs World GDP John Rolls Submits: The Derivatives market was only 500 trillion in 2008 when it almost blew up in all our faces. Now it is 3 times that size, what a monster balloon! when it blows no one survives that has money in the banks or in the mattress. You better start investing in silver and gold which is real money not fiat. Financial hell is coming if you put your faith in the banks! .Yes it's about capitalism but notice he also uses the politically incorrect word MORAL, no system of any type is worth using without basic ethical and moral principles as the basis of it. Needless to say, GREED runs this system and has for quite a while and unless and until honor and virtue replace it...the system will continue to increase unpayable debt and bring the economic system to a tragic and very messy ruin. _______________________________________________________________ Another Ticking Time Bomb: $71.2 Trillion Dollars in "Unallocated" Derivatives According to the CIA Fact Book, the world economy was $54.62 trillion (at official exchange rates) in 2007. You've probably heard that the amount of credit default swaps (CDS) is greater than the world economy. This is confirmed by the Bank for International Settlements -- the official organization which tracks derivatives -- there were $57.9 trillion dollars worth of CDS as of December 2007. But did you know that the amount of unallocated derivatives as of December 2007 was an additional $71.2 trillion dollars ? I'm not sure if anyone except the financial players themselves know what these unallocated derivatives are. But one thing is for sure: CDS and the unallocated derivatives have to be canceled or valued at a penny each, and regulated quickly. _________________________________________________________________ FINANCIAL IMPLOSION: Global Derivatives Market at $1,200 Trillion Dollars ... 20 Times the World Economy How Large Is the Derivatives Market ? Everyone paying attention knows that the size of the derivatives market dwarfs the global economy. But how big is it really? For years, there have been rumors that there is over a quadrillion -- one thousand trillion -- dollars in notional value of outstanding derivatives. But no one really knew. Even though the Bank of International Settlements regularly publishes tables showing the amounts of different types of derivatives, some of the categories are ambiguous, and so it has been hard to get a good handle on what's really out there ... http://www.globalresearch.ca/financial-implosion-global-derivatives-market-at-1-200-trillion-dollars-20-times-the-world-economy/30944
Views: 4604 GoldandSilverNow
Top 20 Richest Countries in Asia (GDP Per Capita, current USD): 1960 - 2016
 
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GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Source: World Bank
Views: 20 visual stats
Top 20 Largest Economies in Africa (GDP, current USD): 1961 - 2017
 
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GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Source: World Bank
Views: 9 visual stats
TOP 5 Richest Countries in Asia 2016 by GDP (Nominal)
 
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So here is the TOP 5 richest countries in Asia 2016 by GDP (Nominal). List by International Monetary Fund World Economic Outlook (October-2015). Another Video: TOP 5 Richest Countries in Europe 2016 by GDP (Nominal) https://www.youtube.com/watch?v=3qx_2FNbFk8 Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population. Source: http://statisticstimes.com/economy/countries-by-projected-gdp.php Music: https://www.youtube.com/watch?v=ce5SdArOBYs DSharp "Love Yourself" Violin Cover. Thanks for your music bro. Let's check him out!
Views: 279369 WORLD's TOP 5
Floating vs. Fixed Exchange Rates- Macroeconomics 5.4
 
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Float it or fix it? Mr. Clifford expalins the difference between floating and fixed exchange rates and how countries peg the value of their currency to another currency. Make sure to watch this video first: https://www.youtube.com/watch?v=9DVYVfI81R8
Views: 307262 Jacob Clifford
10 Countries with Highest GDP. (nominal) | 2018
 
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Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. 10. Canada 9. Italy 8. Brazil 7. India 6. United Kingdom 5. France 4. Germany 3. Japan 2. China 1. United States This list is accurate as of 13th March 2018. ---------------------------------------------------------------- Good For You by THBD https://soundcloud.com/thbdsultan Creative Commons — Attribution 3.0 Unported— CC BY 3.0 http://creativecommons.org/licenses/b... Music promoted by Audio Library https://youtu.be/-K_YSjqKgvQ ----------------------------------------------------------------
Views: 76 10 of Everything
Top 20 Richest Countries in Africa (GDP Per Capita, current USD): 1960 - 2016
 
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GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Source: World Bank
Views: 31 visual stats
10 Countries with Highest GDP. (PPP) | 2018
 
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Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population. 10. France 9. United Kingdom 8. Brazil 7. Indonesia 6. Russia 5. Germany 4. Japan 3. India 2. United States 1. China This list is accurate as of 13th March 2018. ---------------------------------------------------------------- Adventures by A Himitsu https://soundcloud.com/a-himitsu Creative Commons — Attribution 3.0 Unported— CC BY 3.0 http://creativecommons.org/licenses/b... Music released by Argofox https://youtu.be/8BXNwnxaVQE Music provided by Audio Library https://youtu.be/MkNeIUgNPQ8 ----------------------------------------------------------------
Views: 391 10 of Everything
PPP (Purchasing Power Parity) Exchange Rates
 
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PPP (Purchasing Power Parity) Exchange Rates - A video that looks at PPP (purchasing power parity) with respect to exchange rates
Views: 197385 EconplusDal
Countries by GDP - Gross domestic product
 
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The video includes a list of countries of the world sorted by their gross domestic product (GDP), the market value of all final goods and services from a nation in a given year. The GDP dollar estimates presented here are calculated at market or government official exchange rates. The list includes 2009 data from the International Monetary Fund. The gross domestic product (GDP) or gross domestic income (GDI) is a basic measure of a country's economic performance and is the market value of all final goods and services made within the borders of a nation in a year . It is a fundamental measurement of production and is very often positively correlated with the standard of living. GDP can be defined in three ways, all of which are conceptually identical. First, it is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production (the intermediate stages) by all the industries within a country, plus taxes less subsidies on products, in the period. Third, it is equal to the sum of the income generated by production in the country in the period—that is, compensation of employees, taxes on production and imports less subsidies, and gross operating surplus (or profits). The most common approach to measuring and quantifying GDP is the expenditure method: GDP = private consumption + gross investment + government spending + (exports − imports), or, GDP = C + I + G + (X − M). "Gross" means that depreciation of capital stock is not subtracted out of GDP. If net investment (which is gross investment minus depreciation) is substituted for gross investment in the equation above, then the formula for net domestic product is obtained. Consumption and investment in this equation are expenditure on final goods and services. The exports-minus-imports part of the equation (often called net exports) adjusts this by subtracting the part of this expenditure not produced domestically (the imports), and adding back in domestic area (the exports). Equatorial Guinea, Bosnia and Herzegovina, Jordan, Tanzania, Bahrain, El Salvador, Panama, Estonia, Côte d'Ivoire, Cameroon, Trinidad and Tobago, Cyprus, Ethiopia, Yemen, Myanmar, Uzbekistan, Lebanon, Costa Rica, Kenya, Uruguay, Latvia, Guatemala, Sri Lanka, Tunisia, Dominican Republic, Azerbaijan, Lithuania, Serbia, Bulgaria, Ecuador, Oman, Slovenia, Syria, Luxembourg, Sudan, Belarus, Croatia, Bangladesh, Angola, Morocco, Vietnam, Iraq, Slovakia, Libya, Qatar, Peru, New Zealand, Kazakhstan, Hungary, Kuwait, Algeria, Egypt, Pakistan, Philippines, Chile, Ukraine, Singapore, Romania, Israel, Nigeria, Hong Kong, Czech Republic, Malaysia, Colombia, Portugal, United Arab Emirates, Thailand, Ireland, Finland, South Africa, Venezuela, Argentina, Denmark, Iran, Greece, Taiwan, Austria, Norway, Saudi Arabia, Sweden, Switzerland, Belgium, Indonesia, Poland, Turkey, Netherlands, South Korea, Australia, Mexico, India, Canada, Brazil, Spain, Russia, Italy, United Kingdom, France, Germany, China, Japan, United States Of America 1 2 3 4 5 6 7 8 9 10
Views: 1118 easytrader123
#76, Balance of payment |  structure and component (Class 12 macroeconomics)
 
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Class 12 macroeconomics.... Balance of payment..... Structure of balance of payment.... Current account Capital account... Contact for my book 7690041256 Economics on your tips video 76 Our books are now available on Amazon Economics on your tips Macroeconomics ( new edition ) https://www.amazon.in/dp/B07R561YKH/ref=cm_sw_r_cp_apa_i_3wVXCbE2Z9DZE Economics on your tips Microeconomics http://amzn.in/d/cZykZVK Official series of playlists UG courses ( bcom, bba, bca, ba, honours) – https://www.youtube.com/playlist?list=PLgC10_Xv-BGirAqOr-hU8e-N_Nz0UpgJ- Micro economics complete course – https://www.youtube.com/playlist?list=PLgC10_Xv-BGg5n3YU6oEV7_HIzBuEbbOz Macro economics complete course- https://www.youtube.com/playlist?list=PLgC10_Xv-BGg2ORORpILqiDR1gyH3MkXw Statistics complete course- https://www.youtube.com/playlist?list=PLgC10_Xv-BGjrAkDyeMioJ7DEexAEeVdt National income – https://www.youtube.com/playlist?list=PLgC10_Xv-BGjpE-1V4uz_0wvvbZQnSsj_ In order to promote us and help us grow Paytm on - 7690041256
Views: 478560 Economics on your tips
Top 20 Richest Countries in Americas (GDP Per Capita, current USD): 1960 - 2016
 
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GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Source: World Bank
Views: 2 visual stats
GDP & PPP
 
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How do we compare the standard of living in two different countries or in the same country over time? Comparisons of per capita Gross Domestic Product are one possible answer but what is GDP? What is nominal GDP? What is real GDP? And how do we compare US GDP of say 14.5 trillion dollars with Thai GDP of 9.5 trillion baht? It's more complicated than it looks! Exchange rates, for example, fluctuate much more rapidly than does the standard of living. Thus, in this video we look in more detail at the GDP statistic and how we compute Purchasing Power Parity adjusted GDP. Development Economics course: http://mruniversity.com/courses/development-economics-0 Ask a question about the video: http://mruniversity.com/courses/development-economics/gdp-and-ppp#QandA Next video: http://mruniversity.com/courses/development-economics/solow-model-1-%E2%80%93-introduction
Venezuela's Economic Problems
 
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From VOA Learning English, this is Economics. Venezuela is facing a number of economic problems. Inflation is putting pressure on many businesses. Rotzen Villabon owns a gift store. But his business needs American dollars to import products made in China. He is unable to exchange Venezuelan money for dollars at the official exchange rate of about 6.5 bolivares to the dollar. He says the supply of dollars is even limited on the black market, where dollars cost much more. He says that is why business at his store is down. Venezuela has the highest rate of inflation in South America. In February, Venezuela reduced the value of its currency by one third, which has made imports more costly. The economic troubles have resulted in shortages of products -- from necessities like food to beauty products. Venezuela is a major oil exporter. The nation's oil wealth paid for many social programs during the 14-year-rule of former president Hugo Chavez. But Venezuela's recent presidential election showed there are divisions in the country. Nicolas Maduro was declared the winner of a close election over opposition candidate Henrique Capriles on April 14th. Mr. Capriles disputed the vote and called for a recount. Henrique Capriles is a lawyer. He promised to open the economy to foreign investment. Nicolas Maduro is former union leader. He served as vice president to Mr. Chavez before the president died of cancer last month. Mr. Maduro promised to continue the social policies and programs of Mr. Chavez. For supporters, the election was about saving programs for free housing, health care and education. For VOA Learning English, I'm Carolyn Presutti. (Adapted from a radio program broadcast 19Apr2013)
Views: 28612 VOA Learning English
【Top 20】 Which country has the highest gdp (data visualization)
 
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data is from “the world bank”: Indicator Name GDP (current US$) (NY.GDP.MKTP.CD) Long definition GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Source World Bank national accounts data, and OECD National Accounts data files. Topic Economic Policy & Debt: National accounts: US$ at current prices: Aggregate indicators Periodicity Annual Aggregation method Gap-filled total Statistical concept and methodology Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices. Limitations and exceptions Gross domestic product (GDP), though widely tracked, may not always be the most relevant summary of aggregated economic performance for all economies, especially when production occurs at the expense of consuming capital stock. While GDP estimates based on the production approach are generally more reliable than estimates compiled from the income or expenditure side, different countries use different definitions, methods, and reporting standards. World Bank staff review the quality of national accounts data and sometimes make adjustments to improve consistency with international guidelines. Nevertheless, significant discrepancies remain between international standards and actual practice. Many statistical offices, especially those in developing countries, face severe limitations in the resources, time, training, and budgets required to produce reliable and comprehensive series of national accounts statistics. Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or secondary economy. In developing countries a large share of agricultural output is either not exchanged (because it is consumed within the household) or not exchanged for money. License URL https://datacatalog.worldbank.org/public-licenses#cc-by License Type CC BY-4.0
Views: 13 Anthony liu.
TOP 10 COUNTRIES WITH THE HIGHEST GDP
 
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Subscribe:https://www.youtube.com/channel/UCqC93wAo24kblacoRRcqMcA?view_as=subscriber You might want to watch: Top 10 countries by tourism revenue https://youtu.be/X01ynnwYUOw You might want to watch: Top 10 countries by tourist arrivals https://youtu.be/MTp4ukOrM24 You might want to watch: top 10 countries by tax revenue https://youtu.be/X1UwFiPvZxc You might want to watch: top ten countries to live https://youtu.be/Upg6j3zlzfE You might want to watch : top ten countreis by nominal gdp https://youtu.be/gDqELezvYYU Countries are sorted by GDP PPP forecast estimates from financial and statistical institutions in the limited period January–April 2017, which are calculated at market or government official exchange rates. GDP comparisons using PPP are arguably more useful than those using nominal GDP (see List of countries by GDP (nominal)) when assessing a nation's domestic market because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates which may distort the real differences in per capita income.[3] It is however limited when measuring financial flows between countries and when comparing quality of same goods among countries.[4] PPP is often used to gauge global poverty thresholds and is used by the United Nations in constructing the human development index.[3] These surveys such as the International Comparison Program include both tradable and non-tradable goods in an attempt to estimate a representative basket of all goods.
Views: 24 Statz info
MN1015 Lecture 12 Measuring GDP
 
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Gross Domestic Product GDP the market value of the final goods and services produced within a country in a given year this definition has fours parts market value final goods and services produced within a country in a given time period market value GDP is a market value goods and services are valued at their market prices to add apples and oranges, computers and popcorn, we add the market values so we have a total value of output in pounds are all produced goods and services subject to trade in the market? final goods and services GDP is the value of the final goods and services produced a final good (or service) is an item bought by its final user during a specified time period an intermediate good is produced by one firm, bought by another firm, and used as a component of a final good or service excluding intermediate products avoids double counting for example, if an economy produces steel (intermediate) and cars (final), the value of steel is included in the price of a car produced within a country GDP measures production within a country – domestic production GDP pays no attention to nationality or ownership the output of foreign firms in the UK contributes towards UK GDP but the output of UK firms producing abroad does not in a given time period GDP measures production during a specific time period, normally a year or a quarter of a year GDP can be measured as the value of production: value added approach total expenditure on goods and services: expenditure approach total income to factors of production: income approach this can be shown using the circular flow digram the national economy is composed of households firms government the rest of the world in a four-sector economy, injections include government expenditure, exports leakages include taxes, imports to maintain the same level of equilibrium in a four-sector economy the sum of injections should equal the sum of leakages that is, I + G + X = S + T + M the circular flow consists of incomes (blue) and expenditures (red) the sum of the red flows equals the blue flow implicit in this equalising of income and expenditure is what firms do in between total expenditure on final goods and services equals the value of output of final goods and services, which is GDP firms pay out all their receipts from the sale of final goods, so income equals expenditure thus, economic activity (GDP) can be measured using either output, income, or expenditure why is GDP referred to as gross domestic product? gross means before deducting the depreciation of capital, the opposite being net depreciation is the decrease in the value of a firm’s capital that results from ’wear and tear’ and obsolescence gross investment is used to calculate GDP the total amount spent on purchases of new capital and on replacing depreciated capital net investment the increase in the value of the firm’s capital in the official calculation of GDP in the UK, the Office for National Statistics ONS uses two approaches expenditure approach GDP is the sum of aggregate expenditure in the economy that is, Y = C + I + G + (X-M) income approach GDP is sum of the incomes that firms pay households for the factors of production they hire that is, Y = rent + wages + interest + profits note that GDP at factor cost is the sum of compensation of employees gross operating surplus mixed incomes market prices is the GDP at factor cost + indirect taxes - subsidies nominal GDP the value of goods and services produced during a given year valued at the prices that prevailed in that same year nominal GDP is just a more precise name for GDP real GDP the value of final goods and services produced in a given year when valued at the prices of a reference base year using real GDP allows for comparisons of living standards over time by removing the influence of rising prices accounting for price changes (inflation) is important if comparisons are to be made at different points in time Limitations: real versus nominal GDP population size per capita real GDP exchange rates purchasing power parity (PPP)-An exchange rate which would buy the same good in each country some items are excluded level of unpaid work underground economy there are human costs to production quality of life and social costs/benefits (environment, health) spending on necessities or economic bads (e.g. defence) distribution of income
Views: 1105 Hanomics
Venezuela's Economic Problems
 
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From VOA Learning English, this is Economics. Venezuela is facing a number of economic problems. Inflation is putting pressure on many businesses. Rotzen Villabon owns a gift store. But his business needs American dollars to import products made in China. He is unable to exchange Venezuelan money for dollars at the official exchange rate of about 6.5 bolivares to the dollar. He says the supply of dollars is even limited on the black market, where dollars cost much more. He says that is why business at his store is down. Venezuela has the highest rate of inflation in South America. In February, Venezuela reduced the value of its currency by one third, which has made imports more costly. The economic troubles have resulted in shortages of products -- from necessities like food to beauty products. Venezuela is a major oil exporter. The nation's oil wealth paid for many social programs during the 14-year-rule of former president Hugo Chavez. But Venezuela's recent presidential election showed there are divisions in the country. Nicolas Maduro was declared the winner of a close election over opposition candidate Henrique Capriles on April 14th. Mr. Capriles disputed the vote and called for a recount. Henrique Capriles is a lawyer. He promised to open the economy to foreign investment. Nicolas Maduro is former union leader. He served as vice president to Mr. Chavez before the president died of cancer last month. Mr. Maduro promised to continue the social policies and programs of Mr. Chavez. For supporters, the election was about saving programs for free housing, health care and education. For VOA Learning English, I'm Carolyn Presutti.
Economy Booming as GDP Rockets Higher… And the Tooth Fairy Is Real
 
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LOOK THROUGH MY BOOKS! http://books.themoneygps.com SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 OTHER: http://themoneygps.com/donate ————————————————————————————————— MY FAVORITE BOOKS: http://themoneygps.com/books ————————————————————————————————— AUDIOBOOK: http://themoneygps.com/store STEEMIT: https://steemit.com/@themoneygps T-SHIRTS: http://merch.themoneygps.com ————————————————————————————————— Sources Used in This Video: https://goo.gl/YpU9nm ————————————————————————————————— #money #stocks #invest
Views: 31148 The Money GPS
Dollar Game in Pakistan. Where will dollar stop ? Impact of USD on Pakistani Economy
 
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#Dollar #Pakistan #AdeelWarraich Dollar News in Pakistan. Pakistani rupee weakens while Dollar hits new high. Oil and Gas Discovery in Pakistan can take Pakistan out of this financial crisis.
List of countries by GDP (nominal) | Wikipedia audio article
 
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This is an audio version of the Wikipedia Article: List of countries by GDP (nominal) Listening is a more natural way of learning, when compared to reading. Written language only began at around 3200 BC, but spoken language has existed long ago. Learning by listening is a great way to: - increases imagination and understanding - improves your listening skills - improves your own spoken accent - learn while on the move - reduce eye strain Now learn the vast amount of general knowledge available on Wikipedia through audio (audio article). You could even learn subconsciously by playing the audio while you are sleeping! If you are planning to listen a lot, you could try using a bone conduction headphone, or a standard speaker instead of an earphone. You can find other Wikipedia audio articles too at: https://www.youtube.com/channel/UCuKfABj2eGyjH3ntPxp4YeQ In case you don't find one that you were looking for, put a comment. This video uses Google TTS en-US-Standard-D voice. SUMMARY ======= Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population.Comparisons of national wealth are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than nominal GDP. On the whole, PPP per capita figures are less spread than nominal GDP per capita figures.The United States is the world's largest economy with a GDP of approximately $19.39 trillion, notably due to high average incomes, a large population, capital investment, moderate unemployment, high consumer spending, a relatively young population, and technological innovation. Tuvalu is the world's smallest national economy, with a GDP of about $32 million, because of its very small population, a lack of natural resources, reliance on foreign aid, negligible capital investment, demographic problems, and low average incomes.Although the rankings of national economies have changed considerably over time, the United States has maintained its top position since the Gilded Age, a time period in which its economy saw rapid expansion, surpassing the British Empire and Qing dynasty in aggregate output. Since China's transition to a market-based economy through privatisation and deregulation, the country has seen its ranking increase from ninth in 1978 to second to only the United States in 2016 as economic growth accelerated and its share of global nominal GDP surged from 2% in 1980 to 15% in 2016. India has also experienced a similar economic boom since the implementation of economic liberalisation in the early 1990s. When supranational entities are included, the European Union is the second largest economy in the world. It was the largest from 2004, when ten countries joined the union, to 2014, after which it was surpassed by the United States.The first list includes estimates compiled by the International Monetary Fund's World Economic Outlook, the second list shows the World Bank's data, and the third list includes data compiled by the United Nations Statistics Division. The IMF definitive data for the past year and estimates for the current year are published twice a year in April and October. Several economies which are not considered to be countries (the world, the European Union, and some dependent territories) are included in the lists because they appear in the sources as distinct economies. These economies are italicized and not ranked in the charts, but are listed where applicable.
Views: 8 wikipedia tts
Is ITALY worse off with the EURO? - VisualPolitik EN
 
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Italy is the only country, alongside with Greece, that is poorer now than before having the EURO as their official currency. In fact, their economy has been stagnated for two decades and they are one of the biggest indebted economies, with a debt bigger than 130% of their GDP. Many European pundits call this country “the sick man in Europe”. Nevertheless, 20 years ago, Italy was one of the wealthiest economies on the planet. Their citizens were even richer than those from Great Britain and their industry was the second biggest in all across Europe. The entire world enjoyed the music of Eros Ramazzotti or Luciano Pavarotti, the Spaguetti Western movies and... well, the Rocco Siffredi movies too. Now those days are gone. This is why many Italian politicians suggest that leaving the Euro would be a solution to get back to the golden years of the Italian economy. But is it right? Is the Euro the problem in Italy? Why are they in such a big crisis? And why did Italy become so rich in the 80s and the 90s, despite the corruption, the red tape and the political unrest? In this video we will answer all of those questions. *ERRATUM Min 8.40: There is a mistake in the chart. It says "1 It LIRA = 400 DM" and "1 It. LIRA = 1300 DM". We meant it the other way around. I should say "1 DM = 400 It. LIRA" and 1 DM = 1300 It. LIRA". Sorry for the inconvenience. And don't forget to visit our friend’s podcast, Reconsider Media: http://www.reconsidermedia.com/ Other videos from VisualPolitik: Why is GERMANY such an INDUSTRIAL model?: https://www.youtube.com/watch?v=CAbcHMOwobg&t=7s Why is GERMANY growing more than JAPAN?: https://www.youtube.com/watch?v=vou96yLuWXw&t=25s Can MACRON save FRANCE from its CRISIS?: https://www.youtube.com/watch?v=jskeZMDsDhM&t=397s Interesting Links: Italian shadow economy: https://www.economist.com/news/finance-and-economics/21603073-italys-inclusion-illicit-activities-its-figures-excites-much-interest-sex The Italian Lira, the Exchange rate and employment: http://bruegel.org/2017/01/the-italian-lira-the-exchange-rate-and-employment-in-the-erm/ How mittlestand model could boost Italian SMEs: https://www.linkedin.com/pulse/how-mittelstand-model-could-boost-italian-smes-marzio-perrelli/ Italian red tape: http://www.theflorentine.net/news/2006/01/beyond-the-red-tape/ Italy needs to get rid of red tape: https://www.reuters.com/article/us-italy-bureaucracy/analysis-italy-needs-red-tape-bonfire-before-labor-reform-idUSBRE8320M420120403 Bushwick Tarantella is made by Kevin MacLeod and it us under a Creative Commons Attribution (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1300002 Artist: http://incompetech.com/
Views: 296004 VisualPolitik EN
List of countries by GDP nominal - Wiki Videos
 
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Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Read more here: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_nominal Watch similar videos here: https://www.youtube.com/playlist?list=PLVTxyJV-b3NbybLuL7k10uk9uJ5eeZeSZ See more from Wiki Videos: https://www.youtube.com/channel/UC9pZsh1JbkZDC1LiwOHjwuQ/feed Follow us on Facebook : https://www.facebook.com/WikiVideoProductions Follow us on Twitter : https://twitter.com/VideosWiki Our Website : www.wvprod.com This video is the sole and exclusive property of WV Production Limited. WikiVideos and all related characters and elements are trademarks of and © 2015 WV Production Limited. All rights reserved.
Views: 109 Wiki Videos
14-5-2019_Kuwait Today Exchange Dinar Rates India Nepal Pakistan Bangladesh In Hindi Urdu,,
 
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Assalamualaikum Dosto Kaise Ho Ap Sab,, _____________ Kuwait Today Exchange Dinar Rates India Nepal Pakistan Bangladesh In Hindi Urdu,, ______________ Kuwait Today Exchange Dinar Rates,,
Views: 4655 Raaz Gulf News
List of countries by GDP (PPP) | Wikipedia audio article
 
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This is an audio version of the Wikipedia Article: List of countries by GDP (PPP) Listening is a more natural way of learning, when compared to reading. Written language only began at around 3200 BC, but spoken language has existed long ago. Learning by listening is a great way to: - increases imagination and understanding - improves your listening skills - improves your own spoken accent - learn while on the move - reduce eye strain Now learn the vast amount of general knowledge available on Wikipedia through audio (audio article). You could even learn subconsciously by playing the audio while you are sleeping! If you are planning to listen a lot, you could try using a bone conduction headphone, or a standard speaker instead of an earphone. You can find other Wikipedia audio articles too at: https://www.youtube.com/channel/UCuKfABj2eGyjH3ntPxp4YeQ In case you don't find one that you were looking for, put a comment. This video uses Google TTS en-US-Standard-D voice. SUMMARY ======= This article includes a list of countries by their forecasted estimated gross domestic product based on purchasing power parity, abbreviated GDP (PPP). Countries are sorted by GDP PPP forecast estimates from financial and statistical institutions in the limited period January–April 2017, which are calculated at market or government official exchange rates. The data given on this page are based on the international dollar, a standardized unit used by economists. While the European Union is shown in the data, it is not a country as per the title of this article, but rather a collection of over 20 European countries. GDP comparisons using PPP are arguably more useful than those using nominal GDP (see List of countries by GDP (nominal)) when assessing a nation's domestic market because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates which may distort the real differences in per capita income. It is however limited when measuring financial flows between countries and when comparing quality of same goods among countries. PPP is often used to gauge global poverty thresholds and is used by the United Nations in constructing the human development index. These surveys such as the International Comparison Program include both tradable and non-tradable goods in an attempt to estimate a representative basket of all goods.The first table includes estimates for the year 2017 for all current 191 International Monetary Fund (IMF) members as well as Hong Kong and Taiwan. Data are in millions of international dollars; they were calculated by the IMF. Figures were published in April 2018. The second table includes data, mostly for the year 2015, for 180 of the 193 current United Nations member states as well as Hong Kong and Macau (the two Chinese Special Administrative Regions). Data are in billions of international dollars; they were compiled by the World Bank. The third table is a tabulation of the CIA World Factbook GDP (PPP) data update of 2017. The data for GDP at purchasing power parity have also been rebased using the new International Comparison Program price surveys and extrapolated to 2007.
Views: 3 wikipedia tts
China Devalues Yuan After Poor Economic Data
 
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China devalued its currency on Tuesday after a run of poor economic data, a move it billed as a free-market reform but which some suspect could be the beginning of a longer-term slide in the exchange rate. The central bank set its official guidance rate down nearly 2 percent to 6.2298 yuan per dollar - its lowest point in almost three years - in what it said was a change in methodology to make it more responsive to market forces. It was the biggest one-day fall since a massive devaluation in 1994 when China aligned its official and market rates. http://feeds.reuters.com/~r/reuters/topNews/~3/fd-a_TgC-XM/story01.htm http://www.wochit.com This video was produced by Wochit using http://wochit.com
Views: 412 Wochit Business
10 Flaws in GDP (Living Standards)
 
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​This short revision video looks at some of the flaws in official GDP data as a measure of the Standard of Living.
Views: 10271 tutor2u
200,000 Zimbabwe dollar bill introduced amid deepening economic crisis
 
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1. Various of person counting new 200-thousand Zimbabwe dollar notes 2. Various close-ups of new note 3. Various set-ups of economist, Daniel Ndlela 4. SOUNDBITE: (English) Daniel Ndlela, Economist: "It means to the Zimbabwean economy that inflation has actually gone out of the window, and it simply means that prices are still going to go up in such a manner that people now need higher denominations to carry around." 5. Ndlela looking at new note 6. SOUNDBITE: (English) Daniel Ndlela, Economist: "That is convenient in terms of just carrying in the pocket, very much inconvenient in terms of the price that you are going to meet as you carry that money." 7. Notes being put through counting machine 8. SOUNDIBITE: (Shona) Vox Pop, no name given: "The trend usually is that every time a new note is introduced prices go up, maybe it will be different this time because of the price blitz." 9. SOUNDIBITE: (English) Vox Pop, no name given: "I think it will help, of course you don't have to carry a lot of money with you." 10. Various of man putting money in bag STORYLINE: The central bank unveiled a new 200-thousand Zimbabwe dollar note on Tuesday, double the face value of what had been the highest denomination bill in a country where bundles of notes are needed for the simplest transactions. The Reserve Bank said in a statement circulation of the new 200-thousand Zimbabwe dollar bill from Wednesday was for "convenience" in business and individual transactions. The bill is worth 13 US dollars at the official exchange rate or one US dollar at the dominant illegal black market rate. "It means to the Zimbabwe economy that inflation has actually gone out of the window, and it simply means that prices are still going to go up in such a manner that people now need higher denominations to carry around," one Zimbabwean economist, Daniel Ndlela, told AP Television. With five bills a Zimbabwean millionaire can buy a handful of scarce food items. Runaway inflation has led to bundles of bills being needed for routine purchases. The new bill "is convenient in terms of just carrying in the pocket, very much inconvenient in terms of the price that you are going to meet as you carry that money," Ndlela said. One Harare resident was not convinced the new bill would help the situation. "The trend usually is that every time a new note is introduced prices go up, maybe it will be different this time because of the price blitz." Few businesses or even government departments, including the tax office, accept cheques, demanding cash or same-day bank-to-bank transfers, for fear the value of the currency will plummet even further before cheques can clear. Zimbabwe is in its worst economic crisis since independence from Britain in 1980, blamed largely on disruptions in the agriculture-based economy in the former regional breadbasket after the often violent seizures of thousands of white-owned commercial farms began in 2000. Last August, the central bank slashed three zeros from the currency and issued new notes, saying the old cash had become unmanageable and computerised accounting and regular electronic calculators were unable to cope with the number of digits in routine transactions. Since then, official inflation has trebled 4,500 percent, the highest in the world. Independent finance houses estimate real inflation closer to 9-thousand percent. A government edict to slash all prices last month in a bid to curb inflation has left shelves across the country bare of corn meal, meat, eggs, milk and other staples. Acute gasoline shortages have crippled transport and commuter services. The price of gas has been slashed to half the cost of importing it. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/317fc1112d32fbbfdec73ad7cdd8dd1b Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 300 AP Archive
GDP Top 20 2012
 
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Which country is the economic world leader today? Who is in the top-20 in 2012? Learn it from the original 3D animation! the song title, artist name, a direct link to the track, and a link to the terms: ttp://axio.kroogi.com/ru/content/2832859-Bez-nazvaniya.html# http://www.myspace.com/595567239/music Estimate of GDP in many countries in U.S. dollars can not be solved by using the official exchange rate for a number of reasons. These rates do not reflect a number of factors in the formation of prices for goods and services in these countries. In addition, exchange rates are subject to change under the influence of speculative international capital movements. So use the option of counting the gross world product based on the use of coefficients of comparisons of purchasing power of currencies. This method provides a more accurate determination of a country's share of total world production. GDP TOP-20 2012 3D animation
Views: 3605 Heavenlyhand
Q&A, Future of Pakistan, Money, IMF, Riba, Petrol Dollar By Sheikh Imran Hosein 03.05.19
 
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Lecture delivered at Albert road Masjid, Ilford, East London. Question & Answers regarding the history of money, bretenwoods, IMF, Petrol dollar, crypto currency, the future of Pakistan and the Great War. Sheikh Imran intelligently explain using his insight from the Quran and geo politics.
Views: 9388 Ashraf Banglawala
Foreign Exchange Rate - Economics Class 12 Project  By Chetan Darji
 
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Briefly information about the Foreign Exchange Rate. Class 12 Economics CBSE Project. all agenda of Foreign Exchange Rate covered. See More Stuff on our Official Website : http://www.studmentor.com By Chetan Darji
Views: 12 Stud Mentor
Thursday Forex Traders Money Market Update. 16th May 2019
 
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Traders took to the Pound on Wednesday selling it off to new lows as Brexit woes return to bite the British currency as bitter divide between the Conservatives and Labor continues. Traders are again worried Prime Minister May won’t be able to pull together a deal and you can bet your bottom dollar that Labor will do whatever it can to stall the process and attempt to drive May out of office before the October deadline. The UK has until October to come up with a new plan and given it had over two years previously and now has just 4 months; I expect the negotiation will go down to the wire once again and May’s leadership will be strained. If she can’t get a deal done her tenure as PM will be over. Bloomberg terminals report that sentiment around the Pound is turning negative once again. Aussie Unemployment numbers are expected to show 15,000 jobs were created in the month of April. The latest Australian jobs figures are set to be released at 11.30am AEST today with the market expecting the official unemployment rate to remain steady at 5% and approximately 15,000 jobs to have been created in the month of April. If the official figures are out of line with expectations the AUD will be volatile and could move up to half a cent within minutes of the numbers being released. I have no doubt both sides of politics will be closely watching the numbers for any opportunity to win votes leading up to Saturday’s Federal Election. Australian wages on an annualised basis grew by 2.3% when data was released on Wednesday. This met the market estimates so the AUD was not sold off on the wage news. However, 30 minutes later the AUD was on the skids as a slew of Chinese economic data hit the market and was under economists’ expectations. Retail Sales and Industrial Production numbers missed estimates and therefore traders chose to sell the Aussie Dollar as it is seen as a proxy for China. Anything weak out of China is going to drag on the AUD. https://www.ltggoldrock.com/ #investing #wealth #finance #makemoney #livewell #trading #trader #fxtrading #forex #forextrading #forexsignals #currencytrader #health #lifestyle #dreamjob #motivation #selfmade #profit #sunrise #healthy #noosa #disciplineequalsfreedom
Views: 553 Train With Andrew
Two Solutions to Avoid Global Economic Collapse or Dollar Collapse
 
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I present the only really viable solutions I can think of for solving the worlds economic boom bust cycles and avoiding complete collapse. There is good news and bad news! It is common to limit questions of the world economy exclusively to human economic activity, and the world economy is typically judged in monetary terms, even in cases in which there is no efficient market to help valuate certain goods or services, or in cases in which a lack of independent research or government cooperation makes establishing figures difficult. However, even in cases in which there is a clear and efficient market to establish a monetary value, economists do not typically use the current or official exchange rate to translate the monetary units of this market into a single unit for the world economy, since exchange rates typically do not closely reflect worldwide value, for example in cases where the volume or price of transactions is closely regulated by the government.
Views: 1509 Arduino Tronic
Fiscal-Monetary Interdependence and Exchange Rate Regimes – Ibrahim Elbadawi
 
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Ibrahim Elbadawi, Dubai Economic Council ERF and AFESD Conference on: Monetary and Fiscal Institutions in Resource-Rich Arab Economies Kuwait, November 4-5, 2015 For more info, please visit www.erf.org.eg Session on: Resource Abundance, Fiscal Dominance and Monetary Outcomes While monetary policy could play a key role in fostering economic growth and short-term stabilization, its implementation in oil rich economies is often complicated by commodity price volatility. This session explores the role of alternative monetary policy regimes on economic performance in resource-based economies, with a particular focus on Arab economies. It also examines the interdependence between fiscal and monetary policies in resource-dependent economies, in particular the fiscal drivers of the choice of the exchange rate regime.
Views: 184 ERF Official
GDP growth slows to 2.6% in fourth quarter | Money Talks
 
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The US economy is losing steam. US President Donald Trump's tax cuts continue to support domestic output, but that failed to completely offset slowing consumption and the effects of the partial US Government shutdown that started in December. As Paolo Montecillo reports, ongoing trade tensions with China could leave the US wobbling even more. To unpack this topic, Matt Maley joined us from Newton, Massachusetts. He's the Managing Director and an Equity Strategist at investment firm Miller Tabak. #USGDP #GovernmentShutdown #UStaxcuts Subscribe: http://trt.world/subscribe Livestream: http://trt.world/ytlive Facebook: http://trt.world/facebook Twitter: http://trt.world/twitter Instagram: http://trt.world/instagram Visit our website: http://trt.world
Views: 613 TRT World
RMB Exchange Rate to Remain Stable in 2017: Central Bank Governor
 
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The exchange rate of China’s currency the Renminbi (RMB) will remain stable in 2017 along with reform and economic efforts, said People’s Bank of China (PBOC) governor Zhou Xiaochuan, on Friday. Zhou made the remarks at a press conference on the sidelines of the fifth session of the 12th National People's Congress (NPC) when answering a question on what measures the central bank will take in 2017 to stabilize the RMB’s exchange rate, which went through relatively stronger fluctuations last year. The governor first explained why the fluctuations in 2016 were stronger than usual. He attributed the difference to two reasons. First is that in the second half of 2016, China’s foreign investments and overseas spending grew higher than in previous years due to Chinese enterprises’ growing interest in purchasing foreign companies. Secondly, the U.S. dollar grew stronger with a faster-than-expected pace after the election of U.S. President Donald Trump. As for the RMB exchange rate in 2017, Zhou said it will remain stable due to healthier development of the Chinese economy and the progress made in reforms. "We believe that this year, along with the steady and healthier development of the Chinese economy, and the progress of structural reforms on the supply-side, and the work on destocking, deleveraging, overcapacity cut and reducing costs and strengthening weak economic links, as well as the world’s stronger confidence in the Chinese economy, the RMB exchange rate will be automatically granted with a stable developing trend," said Zhou. Meanwhile, the consistency in monetary policies and more elaborated implementation of these policies will also contribute to the stabilization of the RMB exchange rate in 2017, Zhou added. However, the normal fluctuation in the RMB exchange rate cannot be ruled out, as no one can predict what uncertainties and affairs are going to happen, said Zhou. "Of course the foreign exchange market has always been a sensitive market. It will show constant fluctuations with the impact of the affairs happening in the global economy and in China. So nobody can give a precise prediction over what uncertainties will come up in 2017, and what affairs will take place. Therefore, the normal fluctuation in the exchange rate should be regarded as a normalcy. It is a normal situation," he said. http://www.cctvplus.com/news/20170310/8045009.shtml#!language=1 Subscribe us on Youtube: https://www.youtube.com/c/CCTVPlus CCTV+ official website: http://www.cctvplus.com/ LinkedIn: https://www.linkedin.com/company/cctv-news-content Facebook: https://www.facebook.com/NewsContent.CCTVPLUS Twitter: https://twitter.com/CCTV_Plus