Here's more on wealth since 1500, from Visualizing Economics:
You can pretty clearly see that the story of the global economy from like 1750 to 1950 was really all about a redistribution of wealth from India and China to Western Europe and the US. Other regions of the world just didn't change that much one way or the other.
But it's also interesting how many trends have reversed themselves since ca. 1950. The dominance of the US and Western Europe has receded somewhat. Japan has about doubled its historical share of global wealth. China and India have halted their long slides (though they still have a long way to go to recoup their historical norms).
We'll check in in another 500 years and see how things are coming along.
UPDATE: I am told that - this being The Map Scroll rather than The Chart Scroll - good form demands that this post include a map. So, here is a moderately relevant map animation showing the changing map of Europe from 1519 CE to the present.
Saturday, January 31, 2009
Wealth II
Labels:
China,
economy,
history,
India,
Japan,
latin america,
united states,
wealth,
western europe,
world
Subscribe to:
Post Comments (Atom)
10 comments:
I think people fear idea management and innovation because there's a significant number of ideas that simply won't plan out.......Nice statement.....keep posting
this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.
I think that this post is one of the best that i have read in my life, congrats you did a great job,.
the difference between the content spammers and most corporate innovators is that the smaller
I'm writing to you because I just came across a business that I think has great potential. It lets you save money on almost everything. Make money from almost everything,
If growth is important to a firm, and if growth is dependent on offering existing products and services to new customers
innovation is very natural and happens in the "real world" as new plants and animals colonize new ecological niches.
I wonder how you got so good. This is really a fascinating blog, lots of stuff that I can get into. One thing I just want to say is that your Blog is so perfect
We generally think most specifically about the risk associated with a new product introduction
I would be aware that as somebody who really doesn’t comment to blogs a lot (in actual fact, this may be my first put up), I don’t think the time period “lurker” is very flattering to a non-posting reader.
Post a Comment