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nish81

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About nish81

  1. as a point of interest, this is something I studied recently in my graduate economics course. the economic centre of the world in 2008 was slightly east of Helsinki/Budapest. this uses valid (in my opinion) projection techniques to project a point inside the earth onto the surface. the actual point inside the earth: 73 lat, 31 projected lat, 27 long, and 0.54 earth radiuses inside it's shifted steadily east from 1950, when it was roughly between london and new york Have you seen the recent McKinsey Global Institute's report? http://www.mckinsey....consuming_class It sounds like you are talking about somewhat similar methodologies for producing the data. It's an interesting thought experiment, but I am still a little unsure about how to interpret the results, because it is based so heavily around geography and GDP, and I am not sure if this is taking adequate account of capital flows. Maybe a future research project I'm actually talking about: Quah, Danny. “”, Global Policy, vol. 2. issue 1, pp. 3–9, January 2011 The global economy’s shifting centre of gravity It's based around GDP measures. it incorporates rural areas as well as urban ones. I found the key strength of it lay in the valid projection onto the 2d surface of the earth you're right about capital flows, but they'd be predictors of the future, and then you get the debate on how much they predict and how far into the future. GDP is a 'safe' bet for looking at current conditions edit: unfortunately I haven't got time to read the report you linked right now, but the summary seemed interesting and the gist was pretty similar, i would think any report like this will basically find the centre shifting east
  2. +1 for this feature as an economics student! I'd also like to point out that the greatest products create their own demand. perhaps there are many uni students who'd never consider taking computer-based notes who might if it become viable for them as a point of interest, this is something I studied recently in my graduate economics course. the economic centre of the world in 2008 was slightly east of Helsinki/Budapest. this uses valid (in my opinion) projection techniques to project a point inside the earth onto the surface. the actual point inside the earth: 73 lat, 31 projected lat, 27 long, and 0.54 earth radiuses inside it's shifted steadily east from 1950, when it was roughly between london and new york
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