TayserMahri:


Not a title we are keen to inherit. Might be a bad omen, judging from the incumbent giant.

Hope you aint calling SA the giant?

Oh I understand.If we know what's good for all of us we should keep clear of that title.


No,I mean we can juggle all the meaningless catch phrases we can think of and ride the wings of delusion but reality will always stare us in the eye.

samorobo:


Lol.and this one is bold enough to lie in the public...you must really have some guts....

Nothing is going on site not even that 2016 image can fool a sewer ...you still do the get your real estate is down..the middle class Kenyatta has been singing to investors can't afford this high end properties..the Jubilee administration will need to restructure thesame sector they greedily destroyed..

I pass there on a daily basis and I usually notice any slight activity on the sight.
https://www.youtube.com/watch?v=uCU1K-PE-Nc that is the new design that is to be constructed.

samorobo:


You are very good at noise

You are just sounding like your brother justo30 am now beginning to think that you are actually a Ghanaian. The Nigerians in this forum are not like you. You can even notice that. No Nigerian apart from you and your country man justo30 who are singing Tanzania and Ethiopia rubbish all through. I was even waiting for this sarcastic Nigeria doomed guy to support it but I never saw . So lemme tell you Ghanaian, your game will not work bro

samorobo:




[s]Delusion...you're cities are trailing behind adisa Ababa and TZ whether you like it or not ...

Just go develop nairobi and reclaim the mantle of leadership you so dear[/s] desire

truly this Ghanaian got a problem

we knoe Ghana is a small economy especially when all of Africa's economy combine does not make up to 5% of the global ecconomy.

But Ghana economy will forever remain larger than your countries economy.

mtisTheQubit:

I know you like to throw words so folks might follow but nah.. Ghana is a small country economically despite all that gold and oil..Anyway question? what happened...2013

gallivant:


Lol

You are a blockhead. You failed to prove how PPP makes Ethiopia a more productive economy compared to Kenya. Stop using China to compare apple's and oranges, fact is you have a zero grasp on economic concepts. Thanks for wasting my time.

WAN KER you are free to go and check Ethiopia PPP and compare it to yours
They have a 60 billion lead on your country.

gallivant:


Give it a rest. Ghana is a small economy at the mercy of oil prices.

hahaha im laughing

the Ghanaian economy is more diversified
oil prices does not even affect her.



all African economy a small economies, except some are larger than others.

TayserMahri:


You'd imagine a hobbit like this one would know population has nothing to do with PPP.

and who said population has anything to do with PPP ?

We were discussing productivity and productivity has everything to do with population.



Zombie

jl115:

Except GDP is the value of ALL goods and services not just consumer goods and services as with a retail market.

I studied this sh1t, hence you certainly don't know more than I do!!

I studied it too and from this small discussion
i know more than you.

and who said GDP is not the measure of all goods and services?


The US used to be the largest consumer market in the world until China PPP surpassed them.
Thereby making China the largest economy and the largest consumer market.

jl115:
equality not equity

And productivity is expressed as a percentage of GDP.... GDP alone does not measure the productivity of an economy but simply the total activity that happens within that economy.

A large economy like that of India or Nigeria isn't nearly as productive as smaller economy like Australia, Singapore or South Africa for example.

But to be fair neither you nor @gallivant know much about the subject

okay you sound funny
the word is Equity and not equality please
go and grasp the meaning of both.

Exactly, productivity is a percentage of GDP.
The base factor is GDP.

To compare the productivity of two economies, what do you do?

you take their PPP and strike a percentage base on population.
The country with the largest PPP and least population obviously wins.

since we are on the same page on productivity, The you know

Austine1213:


Nigeria retail sector is 80% informal (correct me if I'm wrong)

But i get that props to you guys but yall not reaching up to your potential

It is still a retail sector, isnt it ?

Austine1213:


Economics doesn't work that way

actually that is how it works
you need to update you knowledge.

Economics has seen massive changes to get accurate, Thanks to China

Austine1213:


Please tell em, people don't understand how economics works

or you dont understand economics

GDP and PPP are the same thing

PPP is more accurate because it takes a larger amount of data sample.

Economics has changed since the introduction on ICP, the big mac index and all of that.

Who's next AJ He should look for ruiz for the trilogy, just saying...

Just30:
we knoe Ghana is a small economy especially when all of Africa's economy combine does not make up to 5% of the global ecconomy.

But Ghana economy will forever remain larger than your countries economy.

Actually no..Ghana is a small economy. ..you don't feature anywhere in largest economies in africa..just compare with your mates son

Just30:
or you dont understand economics

GDP and PPP are the same thing

PPP is more accurate because it takes a larger amount of data sample.

Economics has changed since the introduction on ICP, the big mac index and all of that.

So GDP is PPP? Is that what they teach in kumasi

Just30:
okay you sound funny
the word is Equity and not equality please
go and grasp the meaning of both.

Exactly, productivity is a percentage of GDP.
The base factor is GDP.

To compare the productivity of two economies, what do you do?

you take their PPP and strike a percentage base on population.
The country with the largest PPP and least population obviously wins.

since we are on the same page on productivity, The you know

Question sir? What is PPP?

mtisTheQubit:

Actually no..Ghana is a small economy. ..you don't feature anywhere in largest economies in africa..just compare with your mates son

you are dumb

i am giving you facts and you are giving me innuendo



The IMF and World banks already knows the largest economies in Africa

the world bank use a market base approach to calculate that

The IMF and OECD uses the PPP approach and Kenya does not feature in the first 10.

mtisTheQubit:

So GDP is PPP? Is that what they teach in kumasi

yes
GDP is the market base approach in measuring all services and goods produce in a country.
PPP is the most accurate approach to measuring all goods and services produced in a country.

This is why the IMF and OECD use it for most of the comparison between countries by sourcing their data from ICP.

go and learn https://www.imf.org/external/pubs/ft/fandd/2007/03/basics.htm

Just30:
I studied it too and from this small discussion
i know more than you.

and who said GDP is not the measure of all goods and services?


The US used to be the largest consumer market in the world until China PPP surpassed them.
Thereby making China the largest economy and the largest consumer market.

You love imf...their take

mtisTheQubit:

Question sir? What is PPP?

just google the meaning of PPP and you will know

simple question

which country has the world largest economy ?

Just30:
yes
GDP is the market base approach in measuring all services and goods produce in a country.
PPP is the most accurate approach to measuring all goods and services produced in a country.

This is why the IMF and OECD use it for most of the comparison between countries by sourcing their data from ICP.

go and learn https://www.imf.org/external/pubs/ft/fandd/2007/03/basics.htm

You really don't know what is PPP..do you? Just tell us what the hell PPP means...

Just30:
just google the meaning of PPP and you will know

simple question

which country has the world largest economy ?

An I thought you knew what PPP is...I don't need to Google, just explain to me please

mtisTheQubit:

You love imf...their take

This is base on IMF WEO measure

using market rates


you are free to check using their main approach to comparing economies.

Just30:
just google the meaning of PPP and you will know

simple question

which country has the world largest economy ?

IMF for simple minds

mtisTheQubit:

You really don't know what is PPP..do you? Just tell us what the hell PPP means...

no need for that

just google it up at your fingertip

Just go to the IMF page and read https://www.imf.org/external/pubs/ft/fandd/2007/03/basics.htm

Just30:
This is base on IMF WEO measure

using market rates


you are free to check using their main approach to comparing economies.

So let me guess you just post stuff you have no clue about....

Just30:
no need for that

just google it up at your fingertip


Just go to the IMF page and read https://www.imf.org/external/pubs/ft/fandd/2007/03/basics.htm

IMF for dummies

mtisTheQubit:

IMF for simple minds

you are wrong kiddo

Advantages of PPP. A main one is that PPP exchange rates are relatively stable over time. By contrast, market rates are more volatile, and using them could produce quite large swings in aggregate measures of growth even when growth rates in individual countries are stable. Another drawback of market-based rates is that they are relevant only for internationally traded goods. Nontraded goods and services tend to be cheaper in low-income than in high-income countries. A haircut in New York is more expensive than in Lima; the price of a taxi ride of the same distance is higher in Paris than in Tunis; and a ticket to a cricket game costs more in London than in Lahore. Indeed, because wages tend to be lower in poorer countries, and services are often relatively labour-intensive, the price of a haircut in Lima is likely to be cheaper than in New York even when the cost of making tradable goods, such as machinery, is the same in both countries. Any analysis that fails to take into account these differences in the prices of nontraded goods across countries will underestimate the purchasing power of consumers in emerging market and developing countries and, consequently, their overall welfare. For this reason, PPP is generally regarded as a better measure of overall well-being.

mtisTheQubit:

So let me guess you just post stuff you have no clue about....

let say you are dumb to the economics realities


all you need to know is, GDP is only used to measure financial flows
everyone has switch to PPP as a measure for goods and services traded in and economy,


this is the real chart https://www.imf.org/external/datamapper/PPPSH@WEO/OEMDC/ADVEC/WEOWORLD/CHN


CHINA has 19% share ofthe global economy
USA has 14%



Kenya has 0.14%
Ghana has 0.15%
Ethiopia has 0.18%
Tanzania has 0.14%
Nigeria has 0.85%
SA has 0.56%
Egypt has 1%
Morocco has 0.28%
Algeria has 0.48%
Angola has 0.14%

now go and sleep

Just30:
let say you are dumb to the economics realities


all you need to know is, GDP is only used to measure financial flows
everyone has switch to PPP as a measure for goods and services traded in and economy,


this is the real chart https://www.imf.org/external/datamapper/PPPSH@WEO/OEMDC/ADVEC/WEOWORLD/CHN


CHINA has 19% share ofthe global economy
USA has 14%



Kenya has 0.14%
Ghana has 0.15%
Ethiopia has 0.18%
Tanzania has 0.14%
Nigeria has 0.85%
SA has 0.56%
Egypt has 1%

now go and sleep

i'll start using images coz your brain is slow

Just30:
you are wrong kiddo

Advantages of PPP. A main one is that PPP exchange rates are relatively stable over time. By contrast, market rates are more volatile, and using them could produce quite large swings in aggregate measures of growth even when growth rates in individual countries are stable. Another drawback of market-based rates is that they are relevant only for internationally traded goods. Nontraded goods and services tend to be cheaper in low-income than in high-income countries. A haircut in New York is more expensive than in Lima; the price of a taxi ride of the same distance is higher in Paris than in Tunis; and a ticket to a cricket game costs more in London than in Lahore. Indeed, because wages tend to be lower in poorer countries, and services are often relatively labour-intensive, the price of a haircut in Lima is likely to be cheaper than in New York even when the cost of making tradable goods, such as machinery, is the same in both countries. Any analysis that fails to take into account these differences in the prices of nontraded goods across countries will underestimate the purchasing power of consumers in emerging market and developing countries and, consequently, their overall welfare. For this reason, PPP is generally regarded as a better measure of overall well-being.

stories for the gods

According to IMF your country is tiny