Jim Boswell Blog | Globanomics vs. Economics | TalkMarkets
Executive Director, Quanta Analytics
Contributor's Links: Globanomics
Author of Globanomics. Jim has nearly fifty years of professional experience in the development of management information and analytical business decision support systems. Broadly disciplined with exceptional experience. Education includes an MBA from the Wharton School-University of Pennsylvania, ...more

Globanomics vs. Economics

Date: Sunday, June 25, 2023 3:15 PM EDT

I am just killing time while a couple of beers get chilled in the freezer, so i thought it was a good time to provide everyone a good example regarding the difference between globanomics and economics.

What we will do is look at the impact that the "pandemic" had in terms of "globanomics".

---------

In doing this analysis i simply looked at the Global 500 in 2020 and then again in 2023.   The earlier year shows how things were "pre-pandemic" and the latter year shows how things stand now (or three years later).  The following table will show the distribution of "market value" held by different world associations between those two periods.

The table speaks for itself, so i will leave that as my example of how Globanomics differs from "economics".  And yes the "panedmic" affected different countries in different ways--especially in "globanomic terms".  I am not sure what the "economists" will tell you.

----------

Nation/Alliance 2020 Market Share 2023 Market Share
Africa  0.0%  0.2%
Asia Pacific  8.0%  7.7%
China 11.6%  8.5%
Europe 14.0% 13.2%
Middle East  5.5%  5.4%
S. America  0.5%  0.6%
US Alliance 60.4% 64.4%
Total 100.0% 100.0%

Now it's time to get one of those beers that have been chilling while i put this together.

 

Disclaimer: This and other personal blog posts are not reviewed, monitored or endorsed by TalkMarkets. The content is solely the view of the author and TalkMarkets is not responsible for the content of this post in any way. Our curated content which is handpicked by our editorial team may be viewed here.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with