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GDP's
Topic Started: May 20 2015, 01:39 AM (485 Views)
Myles
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Any one have any idea what Morocco's GDP was in 1900?
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Simon Darkshade
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Nefarious Swashbuckler
Figures for GDP for undeveloped African and Asian nations from that time or any period pre 1960 are simply not available.
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Basil Fawlty
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Post Tenebras Lux
Approximately $3,000,000,000, most of which would be tied up in agricultural activity. It had a very low GDP/capita (< $700) for a population of around 4.5 million.
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Myles
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Okay thanks.
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Myles
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What would be the main kind of income of them? And what would it have been approximately worth?
Edited by Myles, May 21 2015, 01:37 PM.
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Simon Darkshade
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Agriculture. In Morocco, that would consist of grain in the main, with some fruit and sheep.

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Myles
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Okay. And what would it have been approximately worth?
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Simon Darkshade
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Nefarious Swashbuckler
I don't think it would be possible to find out. For an undeveloped state with various internal problems, they'd be lucky to get 2% of GDP in income, or $60 million. That would be equivalent to around £0.8 million.
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Myles
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I know as of 2013 there exports were worth 22.23 billion. But that's not 1900
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Myles
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Would they have any national debt though they are underdeveloped?
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Basil Fawlty
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Post Tenebras Lux
I would advise you not to play Morocco if that is what you have taken. It will only prove frustrating.
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Myles
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No. :P I am not playing Morocco. Mykal is. I am playing as Spain and helping him out a bit.
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Petar
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The General
Isn't the circle of life funny? Matt supplied me with plenty of info I needed to start my game as Portugal in WI.

And now I'm doing the same favour to Myles. :)
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Simon Darkshade
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Morocco shouldn't be played. It is a pawn between France, Britain and Germany, with Spain too weak to do anything about it.

It has no economy, no industry, no military, no effective foreign relations, no prospects and no capacity for development in 1900. There are a lot of other positions better suited to someone starting out than Morocco, such as Portugal, the Netherlands, Australia, Argentina or Brazil.
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Myles
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Also very true.
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Myles
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Would Spain's budget have been something like this?Stats


GDP: 33,562,000,000₧
Population: 18,530,000
National Debt: 10,410,180,974₧

Revenue
-Direct Taxes on land, trade, mines, Government salaries, &c. 412,967,930₧
-Indirect Taxes, customs, excise, &c. 328,710,000₧
-National property. -Revenue: 19,997,797₧
-Sales: 2,700,000₧
From public treasury: 12,862,500₧
Other: 164,800,000₧

Total: 951,172,227₧

Expenditure
War: 144,012,982₧
Pub. Works &c.: 73,280,901₧
Public Debt: 409,092,054₧

Total: 948,661,898₧

National Debt
10,410,180,974₧

Surplus
+2,510,329
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Myles
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For some reason I think it's off...
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Simon Darkshade
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Nefarious Swashbuckler
That looks roughly accurate; I don't think they were in a situation to run a surplus on a consistent basis.
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Myles
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Well, at least I got it somewhat right. (for my first one anyway.)
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Myles
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Would Spain have any surplus in their treasury.
Edited by Myles, May 25 2015, 02:10 PM.
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Basil Fawlty
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Post Tenebras Lux
It would be unlikely, a mere two years after the Spanish-American War. If they did, it would probably be a result of the payments from the United States and Germany for the sale of the Pacific islands.
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Myles
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So for the surplus that they where getting in, where would it go?
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Simon Darkshade
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Given the exchange rate, the surplus amounts to very, very little; almost to the point of being meaningless. Spain is in a serious hole without a sponsor.
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Delta Force

Angus Maddison produced some approximations of GDP and population size which can be accessed here.
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Simon Darkshade
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Nefarious Swashbuckler
Maddison's work is something we've been using for 7 or 8 years now. There are some discrepancies in his numbers due to changed boundaries; I believe we had a link to an excel file containing accurate European populations and GDPs.

It is funny that I often work conversions to 1990 USD as a matter of course due to using Maddison so much.
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Myles
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This will be very helpful.
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Basil Fawlty
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http://www.lse.ac.uk/economichistory/pdf/broadberry/eurogdp2.pdf
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Matthew
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Dang, I didn't realise we had that.

That fellow has some other interesting stuff:

"British Economic Growth, 1270-1870: An Output -based Approach" (with Bruce Campbell, Alexander Klein, Mark Overton and Bas van Leeuwen).

http://www.lse.ac.uk/economicHistory/whosWho/profiles/sbroadberry.aspx
Edited by Matthew, Jun 8 2015, 05:45 PM.
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