Main Players:
1937 share of manufacturing (source: Hal Hillmann):
USA – 35.1%
USSR – 14.1%
UK – 9.4%
Germany – 11.4%
France – 4.5%
Japan – 3.5%
2018 share of manufacturing (source: World Bank):
China – 28%
USA – 17%
EU – 17%
Japan – 7%
India – 3%
South Korea – 3%
GDP:
2023 $105tr (f/cast)
2020
USA – $23tr
World GDP contracted by 3.3% in 2020, the biggest fall since WWII
2012
World – $82.8tr
EU – $16.1tr
USA – $15.7tr
China – $12.3tr
India – $4.7tr
Japan – $4.6tr
Germany $3.2tr
Russia – $2.5tr
Brazil – $2.3tr
UK – $2.3tr
France – $2.3tr
Italy – $1.8tr
Source: IMF
GDP Share:
GDP growth:
USA:
Source: http://thenextrecession.wordpress.com/2013/12/30/faster-growth-in-2014/
US manufacturing seriously declined after the collapse of Bretton Woods:
EU
440 million consumers,
23 million companies
17 percent of global GDP
(wsws.org)
Economic Crises
1813 Danish state bankruptcy
1815 Post-Napoleonic Depression (England)
Panic of 1819, a U.S. recession with bank failures; culmination of U.S.’s first boom-to-bust economic cycle
Panic of 1825, a pervasive British recession in which many banks failed, nearly including the Bank of England
Panic of 1837, a U.S. recession with bank failures, followed by a 5-year depression
Panic of 1847, started as a collapse of British financial markets associated with the end of the 1840s railway industry boom
Panic of 1857, a U.S. recession with bank failures
1865 Indian economic crash
Panic of 1866, was an international financial downturn that accompanied the failure of Over end, Gurney and Company in London
1873–1896 Great depression of British agriculture
1873–1896 Long Depression
Panic of 1873, a US recession with bank failures, followed by a four-year depression
1882–1885 Depression
Panic of 1884
Panic of 1890
Panic of 1893, a US recession with bank failures
1893 Australian banking crisis
Panic of 1896
Panic of 1901, a U.S. economic recession that started with a fight for financial control of the Northern Pacific Railway
Panic of 1907, a U.S. economic recession with bank failures
Panic of 1910–1911
1914 Financial crisis
Post–World War I recession
1920–1921 Depression
1929 Wall Street crash
1929–1939 Great Depression
1937–1938 Recession
1949 Recession
1953 Recession
1957–1958 Indian economic crisis
1958 Recession
1960–1961 Recession
1965–1966 Indian economic crisis
1969–1970 Recession
1970s energy crisis
1973 OPEC oil price shock
1972–1973 Indian economic crisis
1973–1975 Recession
1973–1975 Secondary banking crisis in the UK
1979 Energy crisis
1979–1980 Indian economic crisis
Late 1970s to early 1980s Latin American debt crisis, the “lost decade”
Early 1980s Recession
1982 crisis in Chile
1983 Israel bank stock crisis
1986–1992 Japanese asset price bubble
1987 Black Monday US stock market crash
1986–1995 Savings and loan crisis failure of 1,043 out of the 3,234 S&L banks in the U.S.
Early 1990s Recession
1991 Indian economic crisis
1990s Finnish banking crisis
1990–1994 Swedish financial crisis
1992 Black Wednesday
1994 Mexican peso crisis
1997 Asian financial crisis
1998 Russian financial crisis
1998–1999 Ecuador economic crisis
1998–2002 Argentine great depression
1999 Samba effect Brazil
1998–2002 Argentine great depression
2000–2002 Dot-com bubble (US)
2001 Turkish economic crisis
2001 September 11 attacks
2002 Uruguay banking crisis
2002–2003 Venezuelan general strike
2006–2012 New Zealand finance company collapses
2007–2010 Subprime mortgage crisis (US)
2008 financial crisis and Great Recession (worldwide)
2003–2009 energy crisis and oil price bubble
2008–2010 automotive industry crisis (US)
2008–2011 Icelandic financial crisis
Post-2008 Irish banking crisis
2008 Latvian financial crisis
2008–2014 Spanish financial crisis
2009–2010 Venezuelan banking crisis
2009–2019 European debt crisis (EU)
2009–2018 Greek government-debt crisis
2010–2014 Portuguese financial crisis
2011 Black Monday
2012–2013 Cypriot financial crisis
2014–2016 Russian financial crisis
2014 Brazilian economic crisis
2015–2016 Chinese stock market turbulence
2018 Turkish economic crisis
2018 Argentine monetary crisis
2019 Lebanese liquidity crisis
2019 Sri Lankan economic crisis
2020 COVID-19 recession
2020 Chinese property sector crisis
2020 (March) US Treasury bond market freeze