At 1000 AD there were different, separated economic systems and societies on the continents of the world. Scientific data shows, that the average wealth of this different systems was equal, but inside the systems the wealth was highly different. Today, we would say that the average income per capita in all societies globally was between 500 US$ and 600 US$.
Between 1000 and 1820 the population of the world quadrupled with an increasing average income by 50% per capita globally. In Europe the income doubled that time.
Between 1820 and 2000 the population in Europe sextoples with an increasing income by factor 9. In difference to the previous periods the average between the continents become more and more differential.
Today we have high distinctions between the income and infrastructure between the continents. Africa is the poorest continent with very small infrastructure. Many african nations don‘t have any railroad. The average density of the roadsystem in Africa is 6,84km per 100km². 80% of afrikan ships are older than 15 years. There is no realtime stock exchange in Africa. There are countries which have no stock exchange at all, other deliver the stock prices one time a week.
The gloabal average income between 2011 and 2014 develops as follows:
|Undeveloped Countries||Emerging countries||Developed Countries|
||In United States of America:
||In Great Britain and North Ireland:
Don‘t forget that the IWF marked China and India as the first and second strongest economy globally by 2050, USA ranked at third place. Asia is the continent with the fastest growing economies world wide.
At 1000 AD the economic unequality is 100% between the continents, in 1820 it is 80% between the continents and 20% locally within the continents, today it is only 40% between the continents and 60% locally within the continents. So the economic distinctions between the continents decreases with the time. At the same time the inequalities arise more and more within the continents between the nations of a continent and at least between the people within a country. Trigger of this development is an approximation of the regimes and the forms of economy also the approximation of the knowledge that is available for the economy and education of the people.
Another trigger is the Smartphone. No other device has such a fast distribution around the world like the smart phone. Not only in the developed nations the smart phone is an exigency but also in any other society like rural countries. Even indios in the bush have a smart phone, independently if they have other devices like washers, television or refrigerators. But the smart phone makes for them the world available and with this new experience the education approximates. The smart phone is a device which makes people more equal and increases knowledge in the poor countries. The frames the internet and the smart phones delivers to the users is made by the companies of the rich and developed countries. So with the smart phones the values and doctrines of the developed countries will circularise into the emerging and the undeveloped countries creating demand in the mind of the people and forcing economic development and changing in politics.
So the economic upcoming of China and India will converge the asian, american and european cultures. The smart phone will make the different cultures and values available for anyone.
The western countries, which outsourced the production lines for trimming the costs of production to China in the 1990‘s, made this economic boom of China possible. UN data shows that India has 1,354 mio people and the population of China measures 1,415mio people. That is summarised 2,769 bio people means 36,28% of the global population. This is an enormously potential for the economy specially because wide parts of the population in China and India have a big demand for goods. If the western nations want to participate on this demand they have to think about, how to deal with the cultural differences, to integrate the systems. It makes no sense to separate for economic, politics or job reasons. The people of China and India will demand to participate on the technical possibilities the industrialisation will allow them. And this will be a very big market.