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- World_economy abstract "The world economy, or global economy, generally refers to the economy, which is based on economies of all of the world's countries' national economies. Also global economy can be seen as the economy of global society and national economies – as economies of local societies, making the global one. It can be evaluated in various kind of ways. For instance, depending on the model used, the valuation that is arrived at can be represented in a certain currency, such as 2006 US dollars.It is inseparable from the geography and ecology of Earth, and is therefore something of a misnomer, since, while definitions and representations of the "world economy" vary widely, they must at a minimum exclude any consideration of resources or value based outside of the Earth. For example, while attempts could be made to calculate the value of currently unexploited mining opportunities in unclaimed territory in Antarctica, the same opportunities on Mars would not be considered a part of the world economy—even if currently exploited in some way—and could be considered of latent value only in the same way as uncreated intellectual property, such as a previously unconceived invention.Beyond the minimum standard of concerning value in production, use, and exchange on the planet Earth, definitions, representations, models, and valuations of the world economy vary widely.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. Typical examples are illegal drugs and other black market goods, which by any standard are a part of the world economy, but for which there is by definition no legal market of any kind.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.Rather, market valuations in a local currency are typically translated to a single monetary unit using the idea of purchasing power. This is the method used below, which is used for estimating worldwide economic activity in terms of real US dollars or euros. However, the world economy can be evaluated and expressed in many more ways. It is unclear, for example, how many of the world's 7.01 billion people have most of their economic activity reflected in these valuations.In 2011, the largest economies in the world with more than $2 trillion, €1.25 trillion by nominal GDP were the United States, China, Japan, Germany, France, the United Kingdom, Brazil, Russia, and Italy. The largest economies in the world with more than $2 trillion, €1.25 trillion by GDP (PPP) are the United States, China, India, Japan, Germany, Russia, the United Kingdom, Brazil, and France.".
- World_economy thumbnail World_gdp_2012_see_description.png?width=300.
- World_economy wikiPageExternalLink Summary.
- World_economy wikiPageExternalLink global_economy.
- World_economy wikiPageExternalLink page=136.
- World_economy wikiPageExternalLink dt1920a.pdf.
- World_economy wikiPageExternalLink global.htm.
- World_economy wikiPageExternalLink global-economy.
- World_economy wikiPageExternalLink cs.aspx?id=29.
- World_economy wikiPageExternalLink www.internetworldstats.com.
- World_economy wikiPageExternalLink economicoutlook.htm.
- World_economy wikiPageExternalLink publications.htm.
- World_economy wikiPageExternalLink xx.html.
- World_economy wikiPageID "227630".
- World_economy wikiPageRevisionID "604645547".
- World_economy continent "the world".
- World_economy footnote "During 2012 unless otherwise stated. Trailing-ten-years. Most numbers are from The World Factbook for 2012, some numbers exclude certain countries for lack of information.".
- World_economy growth "3.0".
- World_economy hasPhotoCollection World_economy.
- World_economy millionaires "~10 million i.e. ~0.15%".
- World_economy population "7095000000".
- World_economy unemployment "9.0".
- World_economy unemployment "note: 30% combined unemployment and underemployment in many non-industrialized countries; developed countries typically 4%-12% unemployment".
- World_economy subject Category:Economic_globalization.
- World_economy subject Category:Economies.
- World_economy subject Category:World_economy.
- World_economy type Abstraction100002137.
- World_economy type Economies.
- World_economy type Economy108366753.
- World_economy type Group100031264.
- World_economy type System108435388.
- World_economy comment "The world economy, or global economy, generally refers to the economy, which is based on economies of all of the world's countries' national economies. Also global economy can be seen as the economy of global society and national economies – as economies of local societies, making the global one. It can be evaluated in various kind of ways.".
- World_economy label "Economia do mundo".
- World_economy label "Economia mondiale".
- World_economy label "Gospodarka światowa".
- World_economy label "Weltwirtschaft".
- World_economy label "Wereldeconomie".
- World_economy label "World economy".
- World_economy label "Économie mondiale".
- World_economy label "Мировая экономика".
- World_economy label "世界経済".
- World_economy label "世界經濟".
- World_economy sameAs Světová_ekonomika.
- World_economy sameAs Weltwirtschaft.
- World_economy sameAs Économie_mondiale.
- World_economy sameAs Ekonomi_dunia.
- World_economy sameAs Economia_mondiale.
- World_economy sameAs 世界経済.
- World_economy sameAs 세계_경제.
- World_economy sameAs Wereldeconomie.
- World_economy sameAs Gospodarka_światowa.
- World_economy sameAs Economia_do_mundo.
- World_economy sameAs m.01h56z.
- World_economy sameAs Q473750.
- World_economy sameAs Q473750.
- World_economy sameAs World_economy.
- World_economy wasDerivedFrom World_economy?oldid=604645547.
- World_economy depiction World_gdp_2012_see_description.png.
- World_economy isPrimaryTopicOf World_economy.