Feeds:
Posts
Comments

Archive for the ‘Science’ Category

GDP of a country gives some idea about how well it is doing in terms of production. In the last two centuries, Western economies overwhelmed others by far.

In the 1950s, US and Europe combined made up 60% of world economy. That’s not counting Canada, Mexico and Australia.

If we look at the fractional share of US+major European countries over the last four decades:

GDP of the US and Europe as fraction of world GDP

We see that their share has been falling over the years. From 62% in the early ’70s, to about 47% now.

So who’s gaining?

There’s a lot of talk about the so-called BRIC (Brazil, Russia, India and China) countries. These countries are supposedly rising stars in the world economy- and have seen unprecedented economic rise. Let’s see if that’s true.

Here is BRIC’s share of world economy over the years:

Fraction of world GDP controlled by the BRIC countries

So it did indeed go up from about 8% of world economy to about 16% now. Impressive.

However, it’s not the whole picture. Let’s examine each of the countries separately. First, Brazil-

Brazil’s GDP divided by the GDP of the world

Brazil has seen a steady rise in the last decade in it’s share of world economy. It now commands about 2.7% of world economy, not very unlike it’s share in 1996 (2.9%), 1982 (2.7%), and 1976 (2.6%). So its position now is by no means “unprecedented.”

Next, Russia:

Russia’s share of world GDP

Russia saw a steady decline in it’s share of world economy through the ’90s. It has recovered it’s strength of the early ’90s now. It had 2.5% of world economy in 1990, now it has about 2.7% too.

What about India?

Indian economy as a Fraction of world GDP

We can see that India has seen a steady rise in it’s share of world economy from the ’90s from about 1% to 2.2% now. But it’s nowhere near it’s best days in the early ’60s share of 3.5%. (Note that we fought two major wars right around that time- with China and Pakistan, and focus shifted from development to armament.)

So, as you’ve guessed, among the BRIC countries only one that has seen real unprecedented rise is China. Here is how it’s share of world economy have changed over the years from a mere 2% to about 7% over the last two decades. It is interesting to note that it had a share of world economy similar to India in the ’60s. Now China’s economy is four times that of India’s.

China’s GDP/world GDP.

But that’s not all. Here is the total share of the major Muslim economies in the world (Turkey + Indonesia + Malaysia + Saudi Arabia + UAE + Qatar + Pakistan + Bangladesh + Libya + Algeria + Kazakhstan).

Fractional share of Muslim economies in the world (total gdp of Muslim countries/world gdp)

That goes up from a baseline of approximately 2.7% in the ’90s to 5% (and rising) now.

This list includes Kazakhstan (became free only in 1991) and Bangladesh (created in 1971). Excluding Kazakhstan, and Bangladesh we see the following:

Fractional share of Muslim economies in the world (Excl. Kazakhstan and Bangladesh)

Therefore, Muslim economies have yet to reach the share they had in the ’80s, in spite of their rise in the last decade. I can only hope and pray that their growth will not be stifled this time. Ameen.

It would be good to know the causes and be able to make some predictions.

Data is from Wolfram Alpha.

Read Full Post »

Rationale

Is it not our irrationality that sets us apart from the other animals? They seem to behave pretty sensibly.

I was at a talk today, and the speaker was quite nervous and so on. Would it not be sad if it she didn’t have a soul? If it was just electrical signals rushing through her brain? Would it not be sad if I were unreal, if my sense of me were just an illusion?

If that’s the case, then what’s wrong with killing someone? What’s up with morality? Let me just make sure that it is my DNA that gets through. But hey, why should even that matter? Why should I care if my DNA does not make it? What does anything matter? What does important even mean, if there is no soul and no morality? No Judge to decide between right and wrong?

Terrifying.

But, alhamdulliah.

Read Full Post »

Read Full Post »

Saudi Arabia has set up a new research university, a multibillion dollar co-educational venture built on the promise of scientific freedom.

The King Abdullah Science and Technology University (Kaust) – complete with state-of-the-art laboratories, the world’s 14th fastest supercomputer, and one of the biggest endowments worldwide – is scheduled to officially open on Wednesday.

Read Full Post »

I know of four accidents involving civilian aircrafts this month. About half thousand died in those events.

Inna Ilayahi wa inna Ilyahi rajiun.

Two of them in Iran. The sanctions’ been killing them. Time to invest in developing civilian aircraft, inshaAllah.

Read Full Post »

I know of only two major carmakers in the Muslim world-

Etox (Turkey)

Mostly sports cars. (Update: it’s all clear now. Careful if you are on Windows machine. The site seems to have been hacked recently.)

Proton

(Malaysia based, but the link is to their UK site)
Largest manufacturer in Malaysia. They also hold the Lotus brand in the UK, where they make sports cars.

Read Full Post »

It would be nice if other countries were included too.

Read Full Post »

Older Posts »