Tuesday, October 9, 2012
Saturday, October 6, 2012
Friday, September 28, 2012
Know your Body Clock...it helps.
http://finance.yahoo.com/news/the-peak-time-for-everything.html
Start your day according to your Body's Circadian rhythm, and it will help you a lot. Doing this does not only improve your day's performance,but also improves your health and also help you cope with your stress. Begin by discovering the time of your body clock now, and go sync with it, and it will help you go through your day! Have a productive change and enjoy a better life.
Start your day according to your Body's Circadian rhythm, and it will help you a lot. Doing this does not only improve your day's performance,but also improves your health and also help you cope with your stress. Begin by discovering the time of your body clock now, and go sync with it, and it will help you go through your day! Have a productive change and enjoy a better life.
Friday, August 31, 2012
Philippines to leap frog to be in the Top 16th economy by 2050! Really, how's that happening?
(CNN) – The global research department of HSBC has released a report predicting the rise and fall of the world’s economies in the next 40 years.
The world’s top economy in 2050 will be China, followed by the United States. No surprises there – since China’s reforms in the 1980s, economists have said it’s not a question of if, but when, China’s collective economic might will top the U.S.
But among the smaller, developing nations, there are several surprises by HSBC prognosticators:
* By 2050, the Philippines will leapfrog 27 places to become the world’s 16th largest economy.
* Peru’s economy, growing by 5.5% each year, jumping 20 places to 26th place – ahead of Iran, Colombia and Switzerland. Other strong performers will be Egypt (up 15 places to 20th), Nigeria (up nine places to 37th), Turkey (up six spots to 12th), Malaysia (up 17 to 21st) and the Ukraine (up 19 to 45th).
* Japan’s working population will contract by a world-top 37% in 2050 – yet HSBC economists predict it will still be toward the top performing economies, dropping only one spot to the 4th largest economy. India will jump ahead of Japan to 3rd on the list.
* The big loser in the next 40 years will be advanced economies in Europe, HSBC predicts, who will see their place in the economic pecking order erode as working population dwindles and developing economies climb. Only five European nations will be in the top 20, compared to eight today. Biggest drop will be felt northern Europe: Denmark to 56th ( -29), Norway to 48th ( -22), Sweden to 38th (-20) and Finland to 57th (-19).
HSBC 2050 list of top economies (change in rank from 2010)
1) China (+2)
2) U.S. (-1)
3) India (+5)
4) Japan (-2)
5) Germany (-1)
6) UK (-1)
7) Brazil (+2)
8) Mexico (+5)
9) France (-3)
10) Canada (same)
11) Italy (-4)
12) Turkey (+6)
13) S. Korea (-2)
14) Spain (-2)
15) Russia (+2)
16) Philippines (+27)
17) Indonesia (+4)
18) Australia (-2)
19) Argentina (2)
20) Egypt (+15)
21) Malaysia (+17)
22) Saudi Arabia (+1)
23) Thailand (+6)
24) Netherlands (-9)
25) Poland (-1)
26) Peru (+20)
27) Iran (+7)
28) Colombia (+12)
29) Switzerland (-9)
30) Pakistan (+14)
“If we step away from the cyclicality, there are two ways economies can grow; either add more people to the production line via growth in the working population, or make each individual more productive,” the report says.
In other words, demographics – the size of your working population – along with the opportunities to flex that muscle help determine long-term economic trends. Big factors on the back half of that equation: Education opportunities, democratic governments or strong rule of law (a caveat that explains China and Saudi Arabia’s high placement).
“We openly admit that behind these projections we assume governments build on their recent progress and remain solely focused on increasing the living standards for their populations,” the report says. “Of course, this maybe an overly glossy way of viewing the world.”
Chief factors that may derail economies moving forward, the report says: War, energy consumption constraints, climate change, and growing barriers to population movement across borders.
Source/s: CNN World-Business360Globalexchange
I saw this post in Google+ before, back in 2011, that was like second semester maybe of the school year. I was interested to know what's in the link because of the "leap frog" word I've read. That made me curious about the article/link. After I had read the whole article, I was a bit amazed and maybe hopeful for that day (2050) to come. I actually even started counting my age now, plus the years in between that day and 2050. And I said it was great that I could still experience a nation having a great economy, living a life like the life of people living in powerful countries today, having to afford what I want, because my country's economy is great. As I was reading the comments of the article, there is one post there that talks about investing in the Philippines, I got the idea of buying stocks, but it is not that easy for me now to buy stocks, just considering the idea, I knew it would really be of great advantage and a good investment.
As I study economics, I realized that the prediction about the Philippines' economy, does not really mean that the people in our country would experience what we call a GOOD LIFE. It sounds ironic, but it is not. It is a possibility that Philippines would have a Great Economy and still retain POVERTY among many of its people. Why? It has something to do with GDP or the Gross Domestic Product (our current lesson in Econ211b) and population. GDP basically sums up four components. First of, the CONSUMPTION- it is the total expenditures of the household in the nation. It could be, that the Philippines at 2050, has a booming population, therefore of greater consumption. The second component of the GDP would be the INVESTMENT, a determinant of economic growth. These are the things we trade off for an increased production. More investment means, more products produced, therefore rise of one's economy. GOVERNMENT EXPENDITURES would be the third component of the GDP. These are the expenses paid by the government in exchange of services and goods, the service of a soldier for instance is an example for government expense. Buildings, roads, hospitals, schools, transits, etc. are examples of government expense. The last component of GDP is the NET EXPORT, the total exports minus the total imports of the country. Foreign investments by 2050, as Philippine economy rises, will definitely increase, it is expected that imports and exports will also rise. That would give us a several number of digits for our net exports.
With the definition given above, it would be hard for a person without a background of economics to understand, to make it easy I have here a link (from wikipedia) to the list of countries with their GDP or National Incomes. And next to that link, is another link ( from wikipedia) to the list of countries with their GDP Per Person or the income of each person in a country.
GDP (nominal)
GDP per Capita
This table here on the left shows the GDP of countries in 2011( List by International Monetary Fund )
Shown here is the Philippines' income in million US$.
Big as it seems, but try to look at the next table.
This table here on the right shows the GDP per person of countries in 2011 ( List by International Monetary Fund )
Shown here is the average individual income of Filipinos in US$.
The data/amount would more or less equal to Php 162,000 in annual income of Filipinos. About Php 13,000 monthly income in each working person. But that is still not it, for the data shown here is just the average of all incomes of every person. That would mean that there are more people having incomes below the minimum.
So as a conclusion, the rise of Philippine economy in 2050 does not promise us a good life. But the possibility of having it, is still there. Rise in economy means higher income and high spending power. The Government( if at that time is not corrupt anymore) can create lots of projects for the poor and for the welfare of everyone in the country, can improve infrastructures, can improve education, can give incentives to its government workers and can give everything its people needs. Let uus just be positive it would happen. Negative side maybe of rise in economy is that more money can be corrupted by our Gator Alligator Officials, who is just interested in their personal interests. Final message to readers,let us just be diligent and work hard to alleviate our life, let us not depend on others, in our government officials per se or in the economy, because we are the only ones who can change our way of life ('guess so).
As I study economics, I realized that the prediction about the Philippines' economy, does not really mean that the people in our country would experience what we call a GOOD LIFE. It sounds ironic, but it is not. It is a possibility that Philippines would have a Great Economy and still retain POVERTY among many of its people. Why? It has something to do with GDP or the Gross Domestic Product (our current lesson in Econ211b) and population. GDP basically sums up four components. First of, the CONSUMPTION- it is the total expenditures of the household in the nation. It could be, that the Philippines at 2050, has a booming population, therefore of greater consumption. The second component of the GDP would be the INVESTMENT, a determinant of economic growth. These are the things we trade off for an increased production. More investment means, more products produced, therefore rise of one's economy. GOVERNMENT EXPENDITURES would be the third component of the GDP. These are the expenses paid by the government in exchange of services and goods, the service of a soldier for instance is an example for government expense. Buildings, roads, hospitals, schools, transits, etc. are examples of government expense. The last component of GDP is the NET EXPORT, the total exports minus the total imports of the country. Foreign investments by 2050, as Philippine economy rises, will definitely increase, it is expected that imports and exports will also rise. That would give us a several number of digits for our net exports.
With the definition given above, it would be hard for a person without a background of economics to understand, to make it easy I have here a link (from wikipedia) to the list of countries with their GDP or National Incomes. And next to that link, is another link ( from wikipedia) to the list of countries with their GDP Per Person or the income of each person in a country.
GDP (nominal)
GDP per Capita
This table here on the left shows the GDP of countries in 2011( List by International Monetary Fund )Shown here is the Philippines' income in million US$.
Big as it seems, but try to look at the next table.
Shown here is the average individual income of Filipinos in US$.
The data/amount would more or less equal to Php 162,000 in annual income of Filipinos. About Php 13,000 monthly income in each working person. But that is still not it, for the data shown here is just the average of all incomes of every person. That would mean that there are more people having incomes below the minimum.
So as a conclusion, the rise of Philippine economy in 2050 does not promise us a good life. But the possibility of having it, is still there. Rise in economy means higher income and high spending power. The Government( if at that time is not corrupt anymore) can create lots of projects for the poor and for the welfare of everyone in the country, can improve infrastructures, can improve education, can give incentives to its government workers and can give everything its people needs. Let uus just be positive it would happen. Negative side maybe of rise in economy is that more money can be corrupted by our Gator Alligator Officials, who is just interested in their personal interests. Final message to readers,let us just be diligent and work hard to alleviate our life, let us not depend on others, in our government officials per se or in the economy, because we are the only ones who can change our way of life ('guess so).
Subscribe to:
Posts (Atom)