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Summary:Preventative Maintenance on HVAC Fan Coil Units
Sector:Services
Country :United States
Notice Type:Tender NoticeDeadline:05 May 2028
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Summary:Guided missiles.
Sector:Industry
Country :United States
Notice Type:PrequalificationDeadline:09 Nov 2030
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Summary:Repair Of The Street-road Network In St-tse Staroshcherbinovskaya
Sector:Roads and Highways
Country :RussiaEstimated Cost:RUB 1698091
Notice Type:Tender NoticeDeadline:09 Nov 2021
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Summary:Provision Of Services For The Extension Of Technical Support For Vipnet Client, As Well As The Acquisition And Installation Of Means Of Protecting Information Of The Administration Of The Municipality
Sector:Software Services
Country :RussiaEstimated Cost:RUB 1542833
Notice Type:Tender NoticeDeadline:11 Nov 2021
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Summary:Organization Of Free Hot Nutrition Of Students Who Are Developing Educational Programs Of Primary General Education
Sector:Education and Training
Country :RussiaEstimated Cost:RUB 1585799
Notice Type:Tender NoticeDeadline:12 Nov 2021
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Summary:Organization Of Free Hot Nutrition Of Students Who Are Developing Educational Programs Of Primary General Education
Sector:Education and Training
Country :RussiaEstimated Cost:RUB 1347691
Notice Type:Tender NoticeDeadline:12 Nov 2021
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Summary:Code - Fitness Equipment (bars 3 In 1 Hop Sport Cb-3043, Or Analogue, Fitness Ball Fitball 85 Cm - Gymbeam, Or Analogue, Rod 1.8 M Direct, Rods For A Bar, A Bench, A Bench Rods, Treadmill, Orbitsk Fit
Sector:Metals and Non-Metals,Sports and leisure
Country :UkraineEstimated Cost:UAH 972781
Notice Type:Tender NoticeDeadline:08 Nov 2021
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Summary:Purchase Of Onboard Video Equipment For Municipal Transport Purchase Of On-board Video Equipment For Municipal Transport
Sector:Environment and Pollution
Country :UkraineEstimated Cost:UAH 21077000
Notice Type:Tender NoticeDeadline:25 Nov 2021
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Summary:Bushing Under Flange, Outlet, Tee, Transition, Nipple, Siderze, Shutter, Latch, Adapter, Flange, Pipe
Sector:Industry,Metals and Non-Metals
Country :UkraineEstimated Cost:UAH 1963232
Notice Type:Tender NoticeDeadline:08 Nov 2021
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Summary:Major Repair Of A Sports Ground In Zzso Novodolyn Lyceum Of The Avant-garden Drill Council, At The Address: School Street, House 1, P. New Valley, Ovidiopol District, Odessa Region, Uniform Purchase D
Sector:Sports and leisure,Building
Country :UkraineEstimated Cost:UAH 4254036
Notice Type:Tender NoticeDeadline:07 Nov 2021
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The world economy or global economy is the economy of the world, considered as the international exchange of goods and services that is expressed in monetary units of account (money). In some contexts, the two terms are distinguished: the "international" or "global economy" being measured separately and distinguished from national economies while the "world economy" is simply an aggregate of the separate countries' measurements. Beyond the minimum standard concerning value in production, use, and exchange the definitions, representations, models, and valuations of the world economy vary widely. It is inseparable from the geography and ecology of Earth.

It is common to limit questions of the world economy exclusively to human economic activity, and the world economy is typically judged in monetary terms, even in cases in which there is no efficient market to help valuate certain goods or services, or in cases in which a lack of independent research or government cooperation makes establishing figures difficult. Typical examples are illegal drugs and other black market goods, which by any standard are a part of the world economy, but for which there is by definition no legal market of any kind.

However, even in cases in which there is a clear and efficient market to establish a monetary value, economists do not typically use the current or official exchange rate to translate the monetary units of this market into a single unit for the world economy, since exchange rates typically do not closely reflect worldwide value, for example in cases where the volume or price of transactions is closely regulated by the government.

Rather, market valuations in a local currency are typically translated to a single monetary unit using the idea of purchasing power. This is the method used below, which is used for estimating worldwide economic activity in terms of real US dollars or euros. However, the world economy can be evaluated and expressed in many more ways. It is unclear, for example, how many of the world's 7.13 billion people have most of their economic activity reflected in these valuations.

As of 2015, the following 13 countries or regions have reached an economy of at least US$2 trillion by GDP in nominal or PPP terms: Brazil, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, the United Kingdom, the United States, and the European Union.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "World Economy"

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