Презентация - The basic concepts of the world economy

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The basic concepts of the world economy
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Economy Production Distribution Exchange Consumption The function of economy The forms of economy Тимофеева А. А. 2019

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Economic science levels Тимофеева А. А. 2019 Positive Normative What is economics

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Microeconomics Macroeconomics The world economics Тимофеева А. А. 2019

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The world economy The sum of all national economies in the world The aggregate of those parts of national economies that interact with the outside world The narrow conception The broad conception Тимофеева А. А. 2019 1. The definition of the world economy

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Тимофеева А. А. 2019

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195 states, 72 dependent areas 1 billion in 1820 2 billion in 1930 3 billion in 1960 4 billion in 1974 5 billion in 1987 6 billion in 1999 7 billion in 2012 7, 503 , 828 ,980 (July 201 8 ) China 1,373 India 1,281 United States 326 Indonesia 260 Brazil 207 Pakistan 204 Nigeria 190 Bangladesh 156 Russia 142 (146) Japan 126 7, 174 , 611 , 584 (July 201 4 ) Тимофеева А. А. 2019 7, 256 , 490 , 011 (July 201 5 ) 7,323,60 0 , 0 00 (July 2016) How many countries? Top ten most populous countries (in millions): 7,405,107,650 (July 2017 est.) 2. Number of states, dependent areas 3. Population 201 8 4. Top-3 most populated countries with numbers, top-10 – only names

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Age structure : 0-14 years: 2 5 % 15-24 years: 16.8% 25-54 years: 40.6% 55-64 years: 8.4% 65 years and over: 9 % (201 8 est.) Тимофеева А. А. 2019 Labor force : 3,39 billion (2017) 3,36 billion (2014) 3.308 billion (2013) 3.297 billion (2012) 5. Age structure 201 8

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2017 Ten largest urban agglomerations: 1. Tokyo (Japan) – 38001000; 2. Delhi (India) – 25703000; 3. Shanghai (China) – 23741000; 4. Sao Paulo (Brazil) – 21066000; 5. Mumbai (India) – 21043000; 6. Mexico City (Mexico) – 20999000; New York (US) - 19,425,000 ; Москва - 12300000 Тимофеева А. А. 2019 Megacity Top richest cities in the world Top fastest developing cities in the world Urbanization : Urban population: 5 2 .5% of total population (201 1 ) Rate of urbanization: 1. 97 % annual rate of change (2010-15 est.) 6. Top-1 city with number 7. Top-5 cities with names

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World GDP (purchasing power parity) : $ 1 27. 25 trillion (2017 est.) $ 119 . 25 trillion (201 6 est.) $ 115 .97 trillion (201 5 est.) $ 115 .47 trillion (201 4 est.) note: data are in 201 6 US dollars World GDP - real growth rate : 3, 7 % (2017) 3% (201 6 ) 3,2% (2015) 3,3% (2014) World GDP - per capita (PPP) : $ 17. 5 00 (2017) $ 17 . 0 00 (201 6 ) $16, 0 00 (201 5 ) $15,800 (201 4 ) Тимофеева А. А. 2019 8. WGDP 2017 9. WGDP growth rate 2017 10. WGDP per capita 2017

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GDP - composition by sector : A griculture: 6% I ndustry: 31% S ervices: 6 3 % (201 7 est.) Тимофеева А. А. 2019 11. GDP - composition by sector 2017 Labor force - by occupation : agriculture: 31% industry: 23.5% services: 45.5% (2014 est.)

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International economic relations Resident a legal or natural person, registered or residing in this state Тимофеева А. А. 2019 A nonresident – 1) organization without legal entity status, established in accordance with the legislation of a foreign state or 2) diplomatic representative offices of foreign States or other official organizations located in the territory of the Russian Federation 3) natural person residing outside the Russian Federation for more than 183 calendar days within last 12 months, that is, not having permanent residence in the country.

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The forms of international economic relations International trade in goods and services ; The international movement of capital ; Labour migration; International exchange of knowledge ; The international currency and settlement relations . Тимофеева А. А. 2019 12. The forms of international economic relations (open ?)

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International trade in goods and services Exports : $17 trillion (2017) $16 trillion (2015) $15 trillion (2014) Exports - commodities : top ten - share of world trade: electrical machinery, including computers 14.8%; mineral fuels, including oil, coal, gas, and refined products 14.4%; nuclear reactors, boilers, and parts 14.2%; cars, trucks, and buses 8.9%; scientific and precision instruments 3.5%; plastics 3.4%; iron and steel 2.7%; organic chemicals 2.6%; pharmaceutical products 2.6%; diamonds, pearls, and precious stones 1.9% Тимофеева А. А. 2019 13. Exports 2017 14. Top-10 export-commodities – names 15. Top-3 Export commodities with numbers

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Тимофеева А. А. 2019 Next lecture questions

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Stock of direct foreign investment - abroad : $3 4 . 7 trillion (31 December 2017 est.) $28.4 trillion (31 December 2016 est.) $26.2 trillion (31 December 2014 est.) The international movement of capital . . Тимофеева А. А. 2019 Forms of international movement of capital are typically installed in countries investment and banking legislation Why attract Foreign Direct Investment 16. FDI / number 2017 17. Definition of FDI in comparison with portfolio investment 18. Why attract Foreign Direct Investment? (video) 19. Types of FDI (video: what is FDI))

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labour migration Тимофеева А. А. 2019 According to UN data, in 2015 the total number of international migrants reached 232 million people 3.2% of the population of the Earth The world's largest migration corridors : Mexico — USA with 13 million migrated (in January — August 2013), Russia — Ukraine with 3.5 million, Ukraine — Russia with 2.9 million, as well as Kazakhstan — Russia with 2.5 million Top 10 Immigrant Countries

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Тимофеева А. А. 2019 20. and – of migration for incoming and outgoing countries 21. Top-3 immigrant countries with general numbers of immigrants ( % of population)

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Тимофеева А. А. 2019 20. Top-3 immigrant countries with general numbers of immigrants ( % of population)

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Тимофеева А. А. 2019 20. Top-3 immigrant countries with general numbers of immigrants ( % of population)

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Тимофеева А. А. 2019 TOP 10 countries by number of migrants (data for 2013) (million people) № Страна 1 USA 45,8 2 Russia 11,2 3 Germany 9,8 4 Saudi Arabia 9,1 5 United Arab Emirates 7,8 6 Great Britain 7,8 7 France 7,4 8 Canada 7,3 9 Australia 6,5 10 Spain 6,5

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International exchange of knowledge Тимофеева А. А. 2019 Nonprofit forms scientific and technical publications; carrying out of exhibitions, fairs, symposiums; the exchange of delegations and meetings of scientists and engineers; migration of professionals; training students and postgraduates; activities of international organizations on cooperation in the field of science and technology, etc. 21. Examples of commercial and nonprofit International exchange of knowledge (open?)

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Тимофеева А. А. 2019 International exchange of knowledge On commercial bases transfer on the terms of licence agreements (patents, know-how, registered trademarks, industrial designs); supply of machines and different Industrial equipment; rendering of technical assistance; export of equipment; preparation and training of specialists; management contracts; scientific-technical and production cooperation, etc. 21. Examples of commercial and nonprofit International exchange of knowledge (open?)

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The international currency and settlement relations Тимофеева А. А. 2019 1) means of payment (national currency, gold, international payment unit SDR and the Euro; 2) the mechanism of establishment and maintenance of exchange rates; 3) the procedure for balancing international payments. 4) international organizations and complex international Treaty and state law. is a set of economic relations arising at functioning of money in international circulation. the daily turnover in the Forex market 2016 — 5,1 tr $ 2020 – 10 tr $ 22. the daily turnover in the Forex market

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International market Domestic market National market International market World market Тимофеева А. А. 2019

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