china’s impact on the global economy: trade, energy, and the environment
DESCRIPTION
China’s Impact on the Global Economy: Trade, Energy, and the Environment. April 21, 2012 Robert Kaulfuss Professor of Economics Middlesex Community College BeyondEconomics.org. China’s Rapid Economic Growth. - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/1.jpg)
China’s Impact on the Global Economy:Trade, Energy, and the Environment
April 21, 2012Robert KaulfussProfessor of EconomicsMiddlesex Community CollegeBeyondEconomics.org
![Page 2: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/2.jpg)
China’s Rapid Economic Growth
http://seekingalpha.com/article/173265-chinese-exports-can-emerging-markets-replace-the-u-s-consumer
![Page 3: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/3.jpg)
China’s Growing Dominance?
Weighted average of the share of a country in world GDP, trade, and in world net exports of capital from Arvind Subramanian's “Eclipse: Living in the Shadow of China's Economic Dominance”
![Page 4: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/4.jpg)
Comparing Growth: U.S., India, & China
http://news.bbc.co.uk/2/shared/spl/hi/guides/456900/456964/html/nn1page1.stm
![Page 5: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/5.jpg)
Foreign Exchange Reserves Minus External Debt
http://en.wikipedia.org/wiki/File:Country_foreign_exchange_reserves_minus_external_debt.pngBased on CIA World Factbook data
![Page 6: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/6.jpg)
GDP PPP per capita
World Economic Outlook Database-October 2008, International Monetary Fundhttp://commons.wikimedia.org/wiki/File:GDP_PPP_per_capita_2007_IMF.png
![Page 7: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/7.jpg)
Demographics
BBC: http://news.bbc.co.uk/2/shared/spl/hi/guides/456900/456964/html/nn1page1.stm
![Page 8: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/8.jpg)
China Adopts Fast Food
![Page 9: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/9.jpg)
China Adopts the Car Culture
![Page 10: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/10.jpg)
Insatiable Demand for Energy
Wall Street Journal
![Page 11: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/11.jpg)
U.S. Energy Sources
![Page 12: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/12.jpg)
Biggest Contributor to CO2
![Page 13: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/13.jpg)
CO2 Levels (Now at 390 ppm)
![Page 14: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/14.jpg)
Arctic Summer Minimum& Greenland Ice Melt•
![Page 15: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/15.jpg)
Surging Demand for Oil
![Page 16: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/16.jpg)
The Nominal Price of More Oil
![Page 17: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/17.jpg)
Peak Oil: Worst Case
![Page 18: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/18.jpg)
Oil Prices & Recessions
![Page 19: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/19.jpg)
Their Moonshot and OursThomas Friedman, 9/25/2010
China Inc. just named its dream team of 16-state-owned enterprises to move China off oil and into the next industrial growth engine: electric cars.
Not to worry. America today also has its own multibillion-dollar, 25-year-horizon, game-changing moon shot: fixing Afghanistan.
We need to be in a race with China, not just Al Qaeda. Let’s start with electric cars.
![Page 20: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/20.jpg)
![Page 21: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/21.jpg)
![Page 22: China’s Impact on the Global Economy: Trade, Energy, and the Environment](https://reader036.vdocument.in/reader036/viewer/2022062816/5681323d550346895d98a9ff/html5/thumbnails/22.jpg)
Tianjin Eco-City In China:The Future Of Urban Development?